This paper examines in detail the interrelationships between the EU’s concerns, its
energy policies, and the resulting challenges and uncertainties facing European gas
through the rest of the decade, and beyond.
A new INET Working Paper by Yaroslav Melekh, James Dixon, Katrina Salmon, and Michael Grubb, interrogates the contradictions between fossil lock-in through LNG import capacity and
overcontracting, and policy-driven demand reduction. Here is a summary of the paper's main findings.
Cities like Houston get high humidity in addition to the heat, making summer almost unbearable without cooling. Brandon Bell/Getty ImagesThe U.S.
Exchange of letters between the Governor and the Chancellor
Economist William Lazonick reveals how the extraction model of American corporations has migrated from business to government.
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Sumit Agarwal, Ricardo Correa, Bernardo Morais, Jessica Roldán and Claudia Ruiz-OrtegaWe study how banks’ exposure to a large set of related and suddenly-distressed borrowers impacts their commercial lending and risk taking. Using Mexican credit registry data, we examine the effect of the 2014 collapse in energy prices.
That smarts! Photo by Lorena Sopena/Anadolu via Getty ImagesSmartwatches and other wearable devices can feel almost magical. Strap on a Fitbit, Apple Watch or Samsung Gear and you’re suddenly presented with a stream of data generated by – and about – your body: step counts, heart rate, blood oxygen level, calories burned and more.
President Donald Trump has long been preoccupied by the trade deficit — the gap between what the U.S. sells to the rest of the world and what it buys from it.
We introduce an information provision experiment into a standard dynamic rational inattention model. We derive analytical results about how the treatment effect varies with characteristics of the environment and the individual. We use these results to discuss findings in the empirical literature on information provision experiments that can be explained by rational inattention of survey respondents and what this interpretation implies about behavior outside the survey.
We introduce an information provision experiment into a standard dynamic rational inattention model. We derive analytical results about how the treatment effect varies with characteristics of the environment and the individual. We use these results to discuss findings in the empirical literature on information provision experiments that can be explained by rational inattention of survey respondents and what this interpretation implies about behavior outside the survey.
