Salvador Barberà, Carmen Beviá, and Clara Ponsatí investigate the interactions between locational and distributive choices, and their consequences on the social composition of countries.
When are people more likely to complete a task: when they receive one dollar or when they receive nothing? Sound obvious? Uri Gneezy and Pedro Rey-Biel use behavioral economics to show that finding the incentive sweet spot is not as easy as it first appears.
Alessandro Tarozzi, Jaikishan Desai, and Kristin Johnson investigate the impact of microcredits in rural Ethiopia.
Jordi Galí and Luca Gambetti provide evidence on the response of stock prices to monetary policy shocks, and try to use that evidence to infer the nature of the impact of interest rate changes on the bubble component of stock prices.
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