VoxEU Column Central bank digital currencies risk becoming a gigantic flop Peter Bofinger Thomas Haas 1 Feb 2021 Monetary Policy Financial Regulation and Banking Cbdc Central bank digital currency payment system Market failure Allocative efficiency
Discussion paper DP15712 Darwinian Returns to Scale David Rezza Baqaee Emmanuel Farhi 24 Jan 2021 Increasing returns Allocative efficiency Incomplete pass-through Monopolistic competition Market size effect Industrial Organization Macroeconomics and Growth E0 L1 O4
Discussion paper DP14203 Trade, Productivity and (Mis)allocation Kalina Manova Antoine Berthou Charlotte Sandoz John Jong-Hyun Chung 13 Dec 2019 International trade Export demand Import competition Productivity Allocative efficiency Misallocation Development Economics International Trade and Regional Economics Macroeconomics and Growth F10 F14 F43 F62 O24 O40 O47
VoxEU Column Intergenerational mobility in professions: Nature, nurture, and regulatory rents Sauro Mocetti Giacomo Roma Enrico Rubolino 16 Aug 2018 Intergenerational mobility Regulation Allocative efficiency
VoxEU Column Politically connected lending and economic development Jiangtao Fu Daichi Shimamoto Yasuyuki Todo 1 Dec 2015 Development Financial Markets Politics and economics China Allocative efficiency Financial markets Politics
Discussion paper DP10957 Social Ties and the Efficiency of Factor Transfers Marcel Fafchamps Ulrik Beck 29 Nov 2015 Allocative efficiency Factor markets Land markets Social Networks Development Economics C21 D85 O12
VoxEU Column Wealth inequality entices talent into finance Kirill Shakhnov 17 Jan 2015 Financial Markets Poverty and Income Inequality Productivity and Innovation Finance Financial intermediation entrepreneurship Inequality Wealth inequality Income inequality Productivity Productivity slowdown Allocative efficiency Venture capital Talent Human capital Wages Skill premia Taxation
VoxEU Column High-stakes school testing: New evidence Avraham Ebenstein Victor Lavy Sefi Roth 20 Nov 2014 Education Environment Labour Markets Testing Tests standardised testing standardised tests exams SATs Bagrut Admissions Pollution Israel Returns to education Human capital Allocative efficiency Meritocracy Pressure
Discussion paper DP7412 Price Controls and Consumer Surplus Jeremy Bulow Paul Klemperer 16 Aug 2009 Rationing Allocative efficiency Microeconomic theory Marginal revenue Minimum wage Rent control Consumer welfare Industrial Organization Public Economics D45 D6 D61
Discussion paper DP4432 Estimating the Gains From Trade in Limit Order Markets Burton Hollifield Patrik Sandås Robert A. Miller Joshua Slive 23 Jun 2004 Limit order markets Gains from trade Discrete choice Allocative efficiency Financial Economics C35 D61 G10
Discussion paper DP3675 Information Revelation and Efficiency in Auctions Konstantin Sonin Anna Mikusheva 20 Dec 2002 Auctions Information Allocative efficiency Industrial Organization D40 D80
Discussion paper DP716 A Primer on the MFA Maze Riccardo Faini Jaime de Melo 14 Sep 1992 Allocative efficiency Multi-fiber agreements Quotas International Trade and Regional Economics F13
