The acquisition of information is an important feature in most auctions where one’s exact private valuation is unknown ex-ante. We conducted the first experiment in testing a risk-neutral expected surplus…
We show that eurozone bank risks during 2007-2013 can be understood as carry trade behavior. Bank equity returns load positively on peripheral (Greece, Italy, Ireland, Portugal, Spain, or GIIPS) bond returns and…
We estimate average causal effects of early‐life hunger on late‐life health by applying instrumental variable estimation, using data with self‐reported periods of hunger earlier in life, with famines as…
