Carry-on luggage is causing big headaches for travelers, gate agents, and flight attendants. It also helps airlines rake in ...

Using a regression discontinuity approach, we uncover three findings: (1) Higher benefit levels distort employment more than benefit extensions. (2) Benefit durations and levels interact: Longer ...

The foreign aid bureaucrats at the United Nations, heavily funded by US taxpayers, live lavishly at US taxpayer expense.

Warwick Academy’s The Moral Hazards team are maintaining their lead in the KPMG Senior School Investment Challenge for the ...

Reports indicate that the Trump administration may dismantle the U.S. Department of Education, prompting questions about its ...

A president can simply intimate that forgiveness is coming, sanctioning his minions to abuse their office with impunity.

Our setting is dividend recapitalizations in private equity (PE), where portfolio companies take on new debt to pay investor returns. After accounting for positive selection into more debt, we show ...

What do you think about that? Sen. Ron Johnson: I think you first have to consider the economic concept of moral hazard. And I think what has happened over the decades here with federal disaster ...

The Bangko Sentral ng Pilipinas (BSP) is open to extending the regulatory relief it granted to Development Bank of the Philippines (DBP) following its mammoth contribution to the Maharlika Investment ...