5 articles in this issue
Jerzy (Jurek) Konieczny
The biennial Rimini Conference in Economics and Finance will take place June 9-June 10 in Rimini, Italy.The Rimini Lecture in Economics and Finance will be given by Michael Spence, 2001 Nobel Laureate.Plenary speakers include Philippe Aghion, Costas Azari... see more
Giovanni Gallipoli, Gianluigi Pelloni
This paper appraises the literature on the macroeconomic effects of job reallocations. We overview different methodological approaches to the problem of observational equivalence of aggregate and sectoral shocks and draw two main conclusions. First, the n... see more
Luca Lambertini
A methodological discussion is proposed, aiming at illustrating an analogy between game theory in particular (and mathematical economics in general) and quantum mechanics.This analogy relies on the equivalence of the two fundamental operators employed in ... see more
Van Kolpin, Mark Stater
Most theoretical studies explain tuition discounting for high ability students through competition between colleges. This paper highlights an important and previously unrecognized avenue for tuition discounting – asymmetric information about student attri... see more
Krzysztof Olszewski
This article reviews the impact of commercial real estate (CRE hereafter) on macrofinancial stability and discusses some ideas on how central banks could deal with the risk that it can impose to the financial stability. First, we present the main features... see more