Although currency adjustment is often proposed as a policy tool to reduce current account imbalances, there is no consensus regarding the macroeconomic effects. In this paper we study the macroeconomic aftermath…
A significant amount of money is spent on programs to stimulate innovative activities. In this paper, we review the effects of a specific government-sponsored commercial R&D program from various angles. We start…
This paper studies the effect of teacher expectations on essay grades in an experimental setting. For this purpose, we randomly assign Turkish or German first names to a set of essays so that some teachers…
