Reposted by Klaus Xie
Uncertainty about the distribution of future tariffs dampens the response of trade to persistent reforms and strengthens the response to transitory reforms, from Joseph B. Steinberg www.nber.org/papers/w34408
October 31, 2025 at 5:04 PM
Uncertainty about the distribution of future tariffs dampens the response of trade to persistent reforms and strengthens the response to transitory reforms, from Joseph B. Steinberg www.nber.org/papers/w34408
Reposted by Klaus Xie
Forthcoming in the AER: "Borrowing and Spending in the Money: Debt Substitution and the Cash-Out Refinance Channel of Monetary Policy" by Elliot Anenberg, Tess Scharlemann, and Eileen van Straelen. www.aeaweb.org/articles?id=...
Borrowing and Spending in the Money: Debt Substitution and the Cash-Out Refinance Channel of Monetary Policy
(Forthcoming Article) - We show that the strong negative effect of higher mortgage rates on cashout
refinancing reflects substitution into other borrowing products, not large
changes in total new hous...
www.aeaweb.org
August 7, 2025 at 3:57 PM
Forthcoming in the AER: "Borrowing and Spending in the Money: Debt Substitution and the Cash-Out Refinance Channel of Monetary Policy" by Elliot Anenberg, Tess Scharlemann, and Eileen van Straelen. www.aeaweb.org/articles?id=...
Reposted by Klaus Xie
Forthcoming in the AER: "The Value of Software" by Roberto Gómez-Cram and Alastair Lawrence. www.aeaweb.org/articles?id=...
The Value of Software
(Forthcoming Article) - Software is one of the most important assets that needs to be priced in the digital
economy. It has emerged as a disruptive technology, with companies primarily
valued for thei...
www.aeaweb.org
July 17, 2025 at 2:08 PM
Forthcoming in the AER: "The Value of Software" by Roberto Gómez-Cram and Alastair Lawrence. www.aeaweb.org/articles?id=...