Today, more American women than ever before stay in the workforce into their sixties and seventies. This trend emerged in the 1980s, and has persisted during th

New regulatory data reveal extensive price discrimination against non-financial clients in the FX derivatives market. The client at the 90th percentile pays an

How important is financial development for economic development? A costly state verification model of financial intermediation is presented to address this ques

The book aims at describing the recent developments in the existence and stability of Nash equilibrium. The two topics are central to game theory and economics

An integrated framework to study the theoretical and quantitative properties of economies with frictions in labor, financial, and goods markets. This book offer