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Judicial Politics and Sentencing Decisions -- by Alma Cohen, Crystal Yang

This paper investigates whether judge political affiliation contributes to racial and gender disparities in sentencing using data on over 500,000 federal defendants linked to sentencing judge....

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Labor Force Participation of the Elderly in Japan -- by Takashi Oshio, Emiko...

Japan experienced increases in labor force participation (LFP) of the elderly in recent years, as have other advanced countries. In the present study, we overview the employment trend of the elderly in...

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The ECB's Fiscal Policy -- by Hans-Werner Sinn

While the ECB helped mitigate the euro crisis in the aftermath of Lehman, it has stretched its monetary mandate and moved into fiscal territory. This text describes and summarizes the crucial role...

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Does the New Keynesian Model Have a Uniqueness Problem? -- by Lawrence...

This paper addresses whether non-uniqueness of equilibrium is a substantive problem for the analysis of fiscal policy in New-Keynesian (NK) models at the zero lower bound (ZLB). There would be a...

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Trust in State and Non-State Actors: Evidence from Dispute Resolution in...

Lack of trust in state institutions, often due to poor service provision, is a pervasive problem in many developing countries. If this increases reliance on non-state actors for crucial services, the...

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Parents' Beliefs About Their Children's Academic Ability: Implications for...

Information about children's school performance appears to be readily available. Do frictions prevent parents, particularly poor parents, from acting on this information when making decisions? I...

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Early Social Security Claiming and Old-Age Poverty: Evidence from the...

Social Security faces a major financing shortfall. One policy option for addressing this shortfall would be to raise the earliest age at which individuals can claim their retirement benefits. A welfare...

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Hysteresis and the Welfare Effect of Corrective Policies: Theory and Evidence...

A growing body of evidence documents that policies can affect household behaviors persistently, even if they are no longer in place. This paper studies the importance of such "hysteresis" - the failure...

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Toxic Truth: Lead and Fertility -- by Karen Clay, Margarita Portnykh, Edson...

Using U.S county level data on lead in air for 1978-1988 and lead in topsoil in the 2000s, this paper examines the impact of lead exposure on a critical human function with societal implications -...

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Long-run Trends in the Economic Activity of Older People in the UK -- by...

We document employment rates of older men and women in the UK over the last forty years. In both cases growth in employment since the mid 1990s has been stronger than for younger age groups. On...

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Whom Do Employers Want? The Role of Recent Employment and Unemployment Status...

We use a resume audit study to better understand the role of employment and unemployment histories in affecting callbacks to job applications. We focus on how the effect of career history varies by...

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The Carbon Abatement Game -- by Christoph Hambel, Holger Kraft, Eduardo S....

Climate change is considered as one of the major global challenges. Although countries past and future contributions to the accumulation of greenhouse gases in the atmosphere are different, all...

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Daily: EOS FUD in China? Floating Crypto IslandDaily: EOS FUD in China?...

Chinese forums are seeing some EOS FUD as EOS gains signification traction. Floating Crypto Island proposed by ex-paypal founder Peter Thiel.

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Bitcoin Miner Maker Canaan Files for Hong Kong IPO

China-based Canaan Creative, one of the largest bitcoin mining hardware makers, has filed for an IPO in Hong Kong.

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Bitcoin Faces First Close Below This Key Long-Term Support in 2.5 Years

If bitcoin closes the week below the 50-week moving average it will increase the likelihood of a sell-off to $6,000

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Chinese City to Use Blockchain In Fight Against Tax Evasion

Tencent is working with a local tax authority on fintech solutions to tax issues, and already has a blockchain product for invoicing.

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Bangkok Bank Joins R3's Trade Finance Blockchain Initiative

Bangkok Bank has joined the Marco Polo trade finance initiative developed by blockchain startup R3 and trade finance technology firm TradeIX.

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Porn Star Stormy Daniels Adds Crypto Rewards to Official Website

Adult actress Stormy Daniels has partnered with Vice Industry Token to add cryptocurrency incentives for website users.

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Chinese Blockchain Complex Offers Startups Millions in Subsidies

A new blockchain industrial park in China aims to attract talented individuals and startups by offering millions of dollars-worth of subsidies.

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Just One Crypto Bucked the Market Downtrend This Week

Shadowing the losses in bitcoin, the top-25 cryptocurrencies have all fallen over the last seven days – all bar one, that is.

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