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Daron Acemoglu and James Robinson show a constant economic tussle between society and the state in the hot pursuit of liberty. Daron Acemoglu and James R
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Addendum on empirical tests of multi-factor models for asset return prediction Fama and French (2015) propose an empirical five-factor asset pricing mode
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The Economist offers a special report that the new normal state of economic affairs shines fresh light on the division of labor between central banks and go
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International trade, immigration, and elite-mass conflict The elite model portrays public policy as a reflection of the interests and values of elites. I
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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
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