综合经济学

This study investigates the causal effects of open-water swim drafting by leveraging a natural experiment induced by staggered race starts during the COVID-19 pandemic. Before 2020, athletes started in groups, enabling drafting benefits,…

This paper explores the role of energy-saving technologies and energy efficiency in the post-COVID era. The pandemic meant major rethinking of the entrenched patterns in energy saving and efficiency. It also provided opportunities for…

This paper explores the critical question of the sustainability of Russian solar energy initiatives in the absence of governmental financial support. The study aims to determine if Russian energy companies can maintain operations in the…

This study examines the role of human capital investment in driving sustainable socio-economic growth within the energy industry. The fuel and energy sector undeniably forms the backbone of contemporary economies, supplying vital resources…

Superstars often dominate key tasks because of their exceptional abilities, but this concentration of responsibility may unintentionally limit on-the-job learning opportunities for others. Using panel data from Major League Baseball (MLB),…

Conventional wisdom holds that a misaligned artificial superintelligence (ASI) will destroy humanity. But the problem of constraining a powerful agent is not new. I apply classic economic logic of interjurisdictional competition,…

In 1991 and 2008, Israel abolished the equivalents of 1-cent and 5-cent coins, respectively, effectively eliminating low-denomination coins and introducing rounding in cash transactions. When totals were rounded up, shoppers incurred a…

The third Bitcoin halving that took place in May 2020 cut down the mining reward from 12.5 to 6.25 BTC per block and thus slowed down the rate of issuance of new Bitcoins, making it more scarce. The fourth and most recent halving happened…

This study examines the impact of foreign direct investment (FDI) on job creation across 109 regions in the old EU member states from 2012 to 2023. Using dynamic and spatial econometric models combined with a unique dataset of FDI projects,…

Large-scale food fortification (LSFF) is a widely accepted intervention to alleviate micronutrient deficiencies, yet policy implementation is often incomplete and its effects on diet costs are not well established. We estimated the extent…

This paper uses daily Behavioral Risk Factor Surveillance System data to estimate the causal effect of the 2024 U.S. presidential election, a highly competitive race whose outcome resolved lingering uncertainty on election day, on…

Depending on the persistence of the underlying Markov chain shock, the standard New Keynesian model predicts starkly different conclusions at the Effective Lower Bound. We clear up this morass by using a truncated Markov chain. We prove…

This paper studies the supply and effects of causal rhetoric in U.S. politics. We define causal rhetoric as assigning responsibility for political outcomes, via claims of blame and merit. Training a supervised classifier, we detect causal…

This paper investigates Minsky's cycles by extending the paper of stockhammer et al. (2019) with a nonlinear model to capture possible local real-financial endogenous cycles. We trace nonlinear regime changes and check the presence of…

We construct several definitions of imbalance and playability, both of which are related to the existence of dominated strategies. Specifically, a maximally balanced game and a playable game cannot have dominated strategies for any player.…

We study how media firms can use LLMs to generate news content that aligns with multiple objectives -- making content more engaging while maintaining a preferred level of polarization/slant consistent with the firm's editorial policy. Using…

We study how job search behavior evolves over the unemployment spell and the extent to which job seekers experience duration dependence in callbacks. Leveraging data on 2.4 million monthly activity reports containing detailed information on…

This study analyzes the gender gap in desired wages using large administrative data of public job referrals, which allows us to look at the desired salaries of individuals from a wider wage distribution. We conduct a decomposition analysis…

This paper examines a novel proxy for political polarization, initially proposed by Caliskan et al., which estimates intergroup distances using computer vision. Analyzing 1,400+ YouTube videos with advanced object detection, their study…

Using Croatian data and the IMF's Natural Disaster Debt Dynamic Tool, this paper assesses how public debt adjusts to extreme events in a small open economy. We compare debt paths under baseline and stress scenarios, the latter simulating a…