Vickrey auctions outperform discriminatory price auctions in allocative efficiency, reducing inefficiencies by 0.74% on average. The study provides the first structural analysis of the Fed’s MBS ...

Start your econ job search now and take the next step in your economist career. Graduates with an economics major are in demand. If you are studying economics and wondering about your job outlook, ...

He is a professor of economics and has raised more than $4.5 billion in investment capital. Skylar Clarine is a fact-checker and expert in personal finance with a range of experience including ...

A research team has developed a technology that can significantly increase the efficiency of eco-friendly solar cells. The solar cells they developed showed increased power conversion efficiency of up ...

Economics is a social science that deals with resource creation, distribution and consumption. Because it is about people and the real world, Economics enables students to learn about banking, finance ...

The public is understandably frustrated and looking for someone to blame when it comes to high housing prices. But don't ...

Doubling the energy efficiency of room air-conditioners in India could result in savings of up to Rs 2.2 lakh crore ($26 billion) for the consumers over the next 10 years, and avoid severe power ...

This chapter surveys new data sources employed in urban and regional economics in the past decade and the insights they have enabled. We first provide a primer on the data sources, including ...

This puts the task of increasing output on the shoulders of the government. According to Keynesian economics, state intervention is necessary to moderate the booms and busts in economic activity, ...

A key finding from various studies is that having employees who are over-qualified is positively associated with the firm’s productivity but negatively correlated to the allocative efficiency of ...