We develop a unified approach to studying cost-price dynamics in the cross-section of firms in order to jointly explain the time series of aggregate inflation and the frequency of price changes, both ...
Edwin Dorsey is not your average 25-year-old. He has an ability that few his age – aside from the occasional wunderkind founder/CEO – have ever had: Edwin Dorsey can move markets. Dorsey, who ...
A new form of secured lending using “digital collateral” has recently emerged, most prominently in low- and middle-income countries. Digital collateral relies on lockout technology, which allows the ...
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