NBA Superstar Steph Curry Is Now the First Celebrity CryptoKitty
NBA star Stephen Curry is launching the first celebrity-branded CryptoKitty, with two more on the way.
View ArticleStartup That Puts Academic Diplomas On the Blockchain Raises $3 Million
MIT-linked startup Learning Machines has secured $3 million in seed funding to put digital diplomas on the blockchain.
View ArticleDaily: Upcoming SEC discussion / Huobi's $1B FundDaily: Upcoming SEC...
Upcoming SEC discussion with the CFTC will discuss if Ethereum (ETH) and Ripple (XRP) is a security or not - and uncertainty over the outcome is spreading a FUD on the market. Huobi announces a $1...
View ArticleBillionaire Warren Buffett Calls Bitcoin 'Rat Poison Squared'
U.S. billionaire Warren Buffett has again hit out at bitcoin, this time comparing it with rat poison
View ArticleBitcoin Looks for Price Support After Failed $10K Crossover
Bitcoin is reporting losses today but only a break below $8,650 would signal a bull-to-bear trend change.
View ArticleJob Vacancies and Immigration: Evidence from Pre- and Post-Mariel Miami -- by...
How does immigration affect labor market opportunities in a receiving country? This paper contributes to the voluminous literature by reporting findings from a new (but very old) data set. Beginning in...
View ArticleIs Your Lawyer a Lemon? Incentives and Selection in the Public Provision of...
Governments in the U.S. must offer free legal services to low-income people accused of crimes. These services are frequently provided by assigned counsel, who handle cases for indigent defendants on a...
View ArticleAn Aggregative Games Approach to Merger Analysis in Multiproduct-Firm...
Using an aggregative games approach, we analyze horizontal mergers in a model of multiproduct-firm price competition with nested CES or nested logit demands. We show that the Herfindahl index provides...
View ArticleInnovation and Diffusion of Medical Treatment -- by Barton H. Hamilton,...
This paper develops and estimates a dynamic structural model of demand for a multi-attribute product. The demand side equilibrium supports a product spectrum, the characteristics of which evolve over...
View ArticleWorking Longer in the U.S.: Trends and Explanations -- by Courtney Coile
Over the past two decades, labor force participation rates for older men have been rising, reversing a century-long trend towards earlier retirement. Participation rates for older women are rising as...
View ArticleDo Properly Anticipated Prices Fluctuate Randomly? Evidence from VIX Futures...
The VIX index is not traded on the spot market. Hence, in contrast to other futures markets, the VIX futures contract and spot index are not linked by a no-arbitrage condition. We examine (a) whether...
View ArticleNew Evidence on the Markup of Prices over Marginal Costs and the Role of...
The markup of price over marginal cost reveals market power. The distinction between marginal and average cost is key. Average cost is easy to measure, but the price/average cost ratio understates the...
View ArticleThe Impact of High School Curriculum on Confidence, Academic Success, and...
This paper investigates the causal effect of high school curriculum on various student outcomes including academic performance at the university, happiness, physical and mental health, self-confidence,...
View ArticleMoral NIMBY-ism? Understanding Societal Support for Monetary Compensation to...
The growing demand for plasma, especially for the manufacture of therapeutic products, prompts discussions on the merits of different procurement systems. We conducted a randomized survey experiment...
View ArticleThe Finance Uncertainty Multiplier -- by Ivan Alfaro, Nicholas Bloom, Xiaoji Lin
We show how real and financial frictions amplify the impact of uncertainty shocks. We build a model with real frictions, and find adding financial frictions roughly doubles the impact of uncertainty...
View ArticleTechnology and Skill: Twin Engines of Growth -- by Nancy L. Stokey
A model is developed in which two complementary forms of investment contribute to growth--technology and skill acquisition, and growth takes two forms--TFP and variety growth. The rate of TFP growth...
View ArticleJP Morgan's New DLT Lead: We're Not Done With Blockchain Innovation
Christine Moy, Amber Baldet's successor at JPMorgan, shares her thoughts on the future of enterprise DLT and the role of public blockchain networks.
View ArticleInvestment Advisor Morgan Creek Tokenizes Tech Firm's Paper Shares
Morgan Creek Blockchain has helped a tech company turn its paper shares into security tokens as part of a push to raise $40 million.
View ArticleVenture Capitalist 'Disciple' of Buffett Condemns His Views On Bitcoin
Venture capitalist Chamath Palihapitiya says billionaire Warren Buffett is wrong about bitcoin, though he calls himself Buffett's "disciple."
View ArticleDrop to $9K Still in Play Despite Brief Bitcoin Rally
Despite a brief rally yesterday, bitcoin risks falling back below $9,000 amid bearish short-term moving averages.
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