Senior Fellows/Fellows

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Senior Fellows/Fellows, Pandemic

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May 2020

We quantify and study state-level economic policy uncertainty. Tapping digital archives for nearly 3,500 local newspapers, we construct three monthly indexes for each state: one that captures state and local sources of policy uncertainty (EPU-S), one that captures national and international sources ...
Keywords: Policy uncertainty, elections and uncertainty, COVID-19 pandemic, state-level economic performance, unemployment
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Members' Digest

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2021

Keywords: Sumit Agarwal, Bernard YEUNG
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Members' Digest

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2021

Keywords: Bernard YEUNG
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Senior Fellows/Fellows

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Senior Fellows/Fellows, Pandemic

About one-fifth of paid workdays will be supplied from home in the post-pandemic economy, and more than one-fourth on an earnings-weighted basis. In view of this projection, we consider some implications of home internet access quality, exploiting data from the new Survey of Working Arrangements and...
Keywords: Internet access, productivity, COVID-19, working from home, remote work, earnings inequality, subjective well-being, economic resilience
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Annual Conference

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Blockchain and Cryptocurrency

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May 2021

Proof-of-Work mining is intended to provide blockchains with robustness against double-spend attacks. However, an economic analysis that follows from Budish (2018), which considers free entry conditions together with the ability to rent sufficient hashrate to conduct an attack, suggests that the res...
Keywords: cryptography and security, game theory, cryptoeconomic systems
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