A Study of Telecontraception
Telecontraception is the provision of contraception prescriptions online as an alternative to traditional clinic visits. In this study, standardized patients were asked to represent a range of relative and absolute [...]
Evaluating the Demsetzian Trend in Copyright Law
Copyright law provides an excellent case study with which to study and evaluate Harold Demsetz's theory of property rights. Regardless of how one feels about the relationship between property and [...]
Economic Consequences of Housing Speculation
By exploiting variation in state capital gains taxation as an instrument, we analyze the economic consequences of housing speculation during the U.S. housing boom in the 2000s. We find that [...]
Incorporating Scenario Analysis into the Federal Reserve’s Policy Strategy and Communications
The U.S. economy currently faces a truly extraordinary degree of uncertainty as a consequence of the COVID-19 pandemic. In these circumstances, the Federal Reserve could begin highlighting alternative scenarios to [...]
The Economics of Supranational Bank Supervision
We document large variation in the propensity and the intensity in which countries cooperate in the supervision of banks. We show that these variations can be linked to differences in [...]
How Land Use Law Impedes Transportation Innovation
Transportation scholars have long known that infrastructure investments both depend upon current land use patterns and spur changes in those patterns. There is a massive literature built around what are [...]
Intellectual Property Rights and Foreign Direct Investment: A Welfare Analysis
This paper examines how intellectual property rights (IPR) protection affects innovation and foreign direct investment (FDI) using a North–South quality-ladder model incorporating the exogenous and costless imitation of technology and [...]
International Trade Finance From the Origins to the Present: Market Structures, Regulation, and Governance
We describe how the structure and governance of international trade finance - the oldest domain of international finance- evolved from the Middle Ages until today. Trade finance products initially consisted [...]
Inventing the Endless Frontier: The Effects of the World War II Research Effort on Post-war Innovation
During World War II, the U.S. government launched an unprecedented effort to mobilize science for war: the newly-established Office of Scientific Research and Development (OSRD) entered thousands of R&D contracts [...]
Housing Booms and Local Spending
This paper examines how local governments adjust their spending in response to a temporary revenue windfall generated by a housing boom. We focus on Spanish local governments because of the [...]