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Tax policy pluralism for addressing special interests Economists often praise as pluralism the interplay of special interest groups in public policy. In

Precautionary-motive and agency reasons for corporate cash management Bates, Kahle, and Stulz (JF 2009) empirically find that public firms have doubled t

In the past decades, capital market liberalization and globalization have combined to connect global financial markets to allow an ocean of money to flow th

Former Fed Chair Janet Yellen worries about U.S. government debt accumulation, expects new interest rate increases, and warns of the next economic recession

William Easterly critiques several economic development policies and then indicates that bottom-up solutions often result in macro policy success in spite o

American parents often worry about money and upward mobility for their children. A recent New York Times survey suggests that nowadays American parents spen