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Among renewable energy resources, wind power is poised to contribute most significantly to meeting future wholesale electricity demand. However, the intermittent nature of wind power makes maintaining...
The contribution follows the development of Czech wine exports to Slovakia, depending on the development of the wine industry attractiveness in Slovakia. Wine export from the Czech Republic to Slovaki...
Emotions can be powerful for individuals. But they’re also powerful tools for content creators, such as advertisers, marketers, and filmmakers. By tracking people’s negative or positive feelings towar...
The knowledge of transaction costs is important for market participants. Profits accrued while dealing in e.g. commodity futures do not just depend on the development of the futures or the underlying ...
The idea of public interest has been criticized by economic theory as being naïve in its believe that politicians could anticipate something like the public interest. Public Choice theory has sho...
We measure the capitalization of housing market externalities into residential housing values by studying the unanticipated elimination of stringent rent controls in Cambridge, Massachusetts, in 1995...
Market-making and state-building are mutually reinforcing processes. This paper documents the role played in these processes by two groups of experts in Russia’s electricity sector: technical experts ...
Assessments of the risks to financial stability often focus on the degree of leverage in the system. In this report, however, we question whether subdued leverage of financial intermediaries is suffic...
Konrad and Skaperdas (2012) develop an analytical model of the provision of security as a public good. The analysis of this \market for protection" begins with a population of \bandits" preying on \pe...
This paper studies price and quality differences across international intermediate input suppliers. We develop price measures that account for (i) differences in product characteristics, (ii) unobserv...
Distributional consequences typically receive limited attention in economic models that analyze the effects of monetary and financial sector policies. These consequences deserve more attention since f...
We analyze the effect of rising Chinese import competition between 1990 and 2007 on US local labor markets, exploiting cross- market variation in import exposure stemming from initial differences in i...

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