Louis Rouanet,Peter Hazlett
Louis Rouanet
Monetary policy and institutions are far from exempt from political influences. In this paper, we analyze monetary institutions not as being run by either benevolent technocrats or a wealth-maximizing Leviathan, but as the outcome of compet...
Effects of per capita payments on governance: evidence from tribal casinos [0.03%]
人均支付对治理的影响：来自部落赌场的证据
Adam Crepelle,Paasha Mahdavi,Dominic Parker
Adam Crepelle
Some governments distribute profits from state-owned enterprises to citizens on a per capita basis while others do not. Does the use of per capita payments affect how governments trade off pro-economy policies with other constituent interes...
Glenn L Furton
Glenn L Furton
In The Pox of Liberty, Werner Troesken details the tradeoff between liberal institutions and communicable disease. According to Troesken, individual freedom presents a danger to the public health in the face of infectious disease, while con...
Inframarginal externalities: COVID-19, vaccines, and universal mandates [0.03%]
新冠、疫苗与普遍强制接种：边缘外部性分析
Brian C Albrecht,Shruti Rajagopalan
Brian C Albrecht
COVID-19 vaccine mandates are in place or being debated across the world. Standard neoclassical economics argues that the marginal social benefit from vaccination exceeds the marginal private benefit; everyone vaccinated against a given inf...
Military societies: self-governance and criminal justice in Indian country [0.03%]
军事社团：印第安领土上的自治与刑事司法
Adam Crepelle,Tate Fegley,Ilia Murtazashvili
Adam Crepelle
We argue that criminal justice institutions must be accessible to citizens, legitimate and have capacity to enforce law. Such was the case with the military societies of the Plains Indians: a system of criminal justice that predated the tim...
Samira Guennif
Samira Guennif
In the midst of a health crisis, a drug in development and candidate for COVID-19 contagious disease was granted orphan-drug designation (ODD). This decision by the US Food and Drug Administration was immediately denounced as an abuse of th...
Do political protests mobilize voters? Evidence from the Black Lives Matter protests [0.03%]
政治抗议能动员选民吗？黑人的命也是命运动的影响不容小觑
Oliver Engist,Felix Schafmeister
Oliver Engist
In this article, we study the local political mobilization effects of political protests in the context of the Black Lives Matter (BLM) movement. We analyze monthly voter registration data from 2136 US counties across 32 states, leveraging ...
Optimal lockdowns [0.03%]
最优封锁措施
David J Hebert,Michael D Curry
David J Hebert
This paper provides a framework for understanding optimal lockdowns and makes three contributions. First, it theoretically analyzes lockdown policies and argues that policy makers systematically enact too strict lockdowns because their ince...
ByBenjamin M Blau,Todd G Griffith,Ryan J Whitby
ByBenjamin M Blau
Despite the unprecedented levels of liquidity provided by the Federal Reserve to banks during the 2007-2008 financial crisis, lending by banks slowed dramatically during and after that global episode. In this study, we propose that, given c...
Luke Petach
Luke Petach
I propose two alternative versions of a "Tullock Index" for assessing the effectiveness of income or wealth redistribution. In the spirit of Atkinson's (J Econ Theory 2:244-263, 1970) inequality index, the Tullock Index is constructed with ...