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U.S. federalism and domestic institutional arrangements A given country is federal when both of its national and sub-national governments exercise separa

Colin Camerer, George Loewenstein, and Matthew Rabin assess the recent advances in the behavioral economic science. Colin Camerer, George Loewenstei

The financial services industry needs fewer banks worldwide. As long as banks have existed in human history, their managers have realized how not all dep

Berkeley professor and economist Barry Eichengreen reconciles the nominal and real interest rates to argue in favor of greater fiscal deficits. French econo

CBS and its special committee of independent directors have decided to sue the Redstone controlling shareholders because these directors might have breached

Santa-Barbara political economy professor Benjamin Cohen proposes new fiscal stimulus to complement the current low-interest-rate monetary policy. Cohen fin