Nanosized electrode materials have received wide attention in electrochemistry since their large specific surface areas are the precondition for the excellent performance of electrochemistry, such as supercapacitors, Li-ion batteries, Na-ion batteries, electrocatalysis, photoelectrocatalysis,...

The present paper shows that product-specific regional price dispersion usually causes the Country-Product-Dummy (CPD) method to be biased. In cases where it is not, this index number method is still inefficient and inference is invalid. In view of this, a nonlinear generalization of the CPD...

This study draws on international and national survey data, administrative data, 31 interviews with 35 policy stakeholders and input from a consultation with stakeholders to document commonalities and differences between the education systems in Ireland and Northern Ireland. Remarkably, it is...

This note examines the dynamic properties of asset price bubbles obtained under the local martingale theory. We establish an explicit link between the bubble process and the quadratic variation of log asset price. Furthermore, the moments of futures price are expressible in terms of dynamic...

Private equity (PE) funds are growing to dominate capital markets. In conjunction with this growth, secondary markets for PE stakes have also grown. Innovative recent work investigates the valuation discount that sellers of PE stakes incur and attributes this discount entirely to the illiquidity...

Abstract We study the selection of adjustment sets for estimating the interventional mean under an individualized treatment rule. We assume a non-parametric causal graphical model with, possibly, hidden variables and at least one adjustment set composed of observable variables. Moreover, we...

Evaluations of adults in formal education (AE) are typically based on earnings measured 5-10 years after program enrollment. This paper estimates returns up to 24 years after enrollment, and explore results for 15 cohorts of first-time registered in AE in Sweden 1994-2008 with at least a 10-year...

We study fairness in tontines with heterogeneous cohorts, distinguishing between collective and individual fairness. For a given tontine, we show that collective fairness is always achievable and that it widely implies individual fairness. Furthermore, we study a utilitarian social planner...

Yield curve control (YCC) allows central banks to control long-term interest rates within a pre-announced trading band to complement traditional monetary policy. This note uses a target-zone model developed for exchange rates to study the bond yield movements under YCC. The bond yield is assumed...

In this note, we provide evidence that motivated reasoning can be a source of discriminatory beliefs. We employ a representative survey experiment where we exogenously manipulate the presence of a need for justification of anti-social behavior towards an out-group. We provide causal evidence...