Archive
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Video
China's Regulation Problem
Jan 4, 2015
Repression in China today is at its most severe point since the aftermath of 1989. David Wu discusses the tensions inherent in a one-party state which is struggling to aspire toward a more predictable rule of law.
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Grant
Years granted: 2015Collective and Cumulative Careers: Foundations for Sustainable Prosperity
This research project posits that increasing income concentration and erosion of the middle class are interrelated results of a change in the dominant corporate resource-allocation regime from “retain-and-reinvest” to “downsize-and-distribute,” manifested by massive distributions to shareholders and the disappearance of “collective and cumulative” careers.
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Grant
Years granted: 2015Central Banks, Crises, and Income Distribution
This research project studies the evolution of monetary policy since the financial crisis, as regards to changes in implementation mechanisms and use of conventional/unconventional instruments of monetary policy, as well as its mpact on macroeconomic variables, including income distribution.
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Grant
Years granted: 2015Distributional National Accounts
The objective of this proposal is to build distributional statistics of income and wealth consistent with national accounts aggregates for the United States.
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Grant
Years granted: 2015Copyrights and Creativity: Historical Evidence from Literature, Science, and Music
This research project improves our understanding of the effects of intellectual property rights—and in particular copyrights—on creativity and innovation.
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Grant
Years granted: 2015Financial Innovation and Central Banking in China: a Money View
This research project develops a “Money View” analysis of the recent evolution of China’s financial system.
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Grant
Years granted: 2015Managing Shadow Money
This research project explores the process of modern (shadow) money creation in hierarchical and interconnected monetary systems. In theorizing the dynamic instability of shadow money, it provides a comparative account of the structural and institutional specifics of shadow money in the US, Eurozone and China, and the policy challenges thereof.
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Grant
Years granted: 2015Inequality, Instability, and the Household Balance Sheet Channel
This research project studies the macroeconomic effects of rising inequality by focusing not on top incomes but instead on the economics of the “bottom 99%” which has been squeezed out by rising inequality and falling labor shares.
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Grant
Years granted: 2015The Epistemological and Statistical Limits of the Economic Sciences in Identifying Causalities
This research project explores the underlying limits—especially of the social and economic sciences—in identifying causalities including, among other aspects, the strong epistemological and statistical limitations of and assumptions behind the methods applied.
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Grant
Years granted: 2015Causal Analysis in Economics: Philosophical Underpinnings and Econometric Tools for Non-Standard Settings
This research project addresses the problem of inferring causal relationships in economics. It investigates the philosophical roots of the problem and develops econometric tools which take into account the complexity of economic systems.
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Grant
Years granted: 2015Archipelago Capitalism: Tax Havens, Eurodollars, and the Other International Political Economy, 1870s-1980s
This research project proposes to revise common interpretations of 20th-century economic history by unearthing the often overlooked story of tax havens and offshore finance, Eurodollars, and export processing zones between the 1870s and 1980s.
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Working Paper
Working Paper SeriesBeyond Market Failures The Market Creating and Shaping Roles of State Investment Banks
Jan 2015
Recent work has highlighted the need for innovation investments to be understood through a mission oriented approach rather than a market failure one (Foray et al. 2012). However, this work has only focused on state agencies, such as DARPA, overlooking the role of public financial institutions such as state investment banks.
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Grant
Years granted: 2013, 2014, 2015Identification and Modeling Risk Cascades with Dynamic Network Models
This research project models financial interdependencies in the form of dynamic networks and propose policy and risk measurement tools to pre-identify contagion.
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Grant
Years granted: 2013, 2014, 2015Digitally Tracking Technologies and Their Effects Across Time and Space
This research project uses information from digitized Google books and library catalogues to create new measures of technological innovation and diffusion for OECD countries from 1850 to the present.
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Grant
Years granted: 2014, 2015Innovation and the State: How Should Government Finance and Implement Innovation Policy?
This research project offers a historical taxonomy of organizational ways that governments fund and implement industrial and innovation policy as well as a taxonomy of contemporary implementation practices.