Early research on the returns to higher education treated the postsecondary system as a monolith. In reality, postsecondary education in the United States and around the world is highly differentiated, with a variety of options that differ by credential (associates degree, bachelor's degree,...

Price surges often generate social disapproval and requests for regulation and price controls, but these interventions may cause inefficiencies and shortages. To study how individuals perceive and reason about sudden price increases for different products under different policy regimes, we...

This study analyzes the relationship between multinationality and performance of 1,247 US multinational enterprises (MNEs) over the period of 1995-2004 by utilizing Tobin’s q theory. Internationalization is a double-edged sword: foreign intangible assets create a firm’s value, while, at the...

Mergers and acquisitions (M&A) provide an important way for firms to expand technologically. In this paper, we examine how public firms listed in North American stock exchanges acquire technology companies during 2010-2020. Combining data from Compustat, CRSP, Refinitiv, and S&P on M&A, and...

In this paper we apply the Early Warning System methodology to ten Central and Eastern European Countries to find useful sets of indicators which could predict macroeconomic and financial imbalances. We argue that finding such indicators is crucial in the current monetary policy framework...