Tech Clusters
This paper examines the tech cluster phenomenon by considering three partially answered questions. We first ask how to define a tech cluster—that is, what properties are required to be a [...]
Social Finance
We review an empirical literature that studies the role of social interactions in driving economic and financial decision making. We first summarize recent work that documents an important role of [...]
Open up: a survey on open and non-anonymized peer reviewing
Our aim is to highlight the benefits and limitations of open and non-anonymized peer review. Our argument is based on the literature and on responses to a survey on the [...]
The International Aspects of Macroprudential Policy
Countries are using macroprudential tools more actively with the goal of improving the resilience of their broader financial systems. A growing body of evidence suggests that these tools can accomplish [...]
Linguistic Metrics for Patent Disclosure: Evidence from University Versus Corporate Patents
This paper proposes a novel approach to measure disclosure in patent applications using algorithms from computational linguistics. Borrowing methods from the literature on second language acquisition, we analyze core linguistic [...]
Patent Quality: Towards a Systematic Framework for Analysis and Measurement
The 'quality' of novel technological innovations is extremely variable, and the ability to measure innovation quality is essential to sensible, evidence-based policy. Patents, an often vital precursor to a commercialised [...]
Patents, Property, and Prospectivity
When judges change the legal rules governing patents, those changes are always retroactive. That is, they apply equally to patents that have already been granted and patents that do not [...]
Dedicating Copyright to the Public Domain
This article explores whether authors can dedicate their copyright to the public domain. Such dedications are becoming increasingly relevant as authors now see the expansion of the public domain as [...]
Expanding the Supply of Affordable Housing for Low-Wage Workers
Policymakers must focus on improving the jobs-housing fit—or connecting jobs with affordable housing—which is essential for working families and for the economy. Michela Zonta Expanding the Supply of Affordable Housing [...]
Sources of Inaction in Household Finance: Evidence from the Danish Mortgage Market
We build an empirical model to attribute delays in mortgage refinancing to psychological costs inhibiting refinancing until incentives are sufficiently strong; and behavior, potentially attributable to information-gathering costs, lowering the [...]