June 2015 Issue
Stanford economist on matching theory, kidney markets and the importance of coffee
Ninth District Notes
Economic Policy Papers
How Rich Will China Become?
A simple calculation based on South Korea and Japan’s experience [PDF]
Economic theory and empirical measurement aren’t yet able to provide accurate predictions on the impact of wealth taxation [PDF]
Did the Great Recession "break" labor matching efficiency?
A close analysis suggests that matching efficiency has trended slightly downward for over a decade, but not due to recessions [PDF]
Optimal income taxes
Surprisingly, the current U.S. tax plan appears nearly optimal, if one assumes it accurately reflects Americans’ taste for redistribution [PDF]
Crisis of confidence
Did a drop in household wealth set the stage for the Great Recession? [PDF]