The UK and Sweden have the lowest smoking rates in the European Union as a result of consumers switching from cigarettes to low risk nicotine products. Public Health England and other health organisations have concluded that the health risks of vaping are unlikely to exceed 5% of the risks of...

The JPMorgan Chase Institute expanded its lens on local commerce, specifically looking at online commerce and how it has grown, who has driven that growth, and how it has impacted brick-and-mortar merchants. Building off a de-identified sample of 4 billion credit and debit card transactions from...

Do firearm purchase delay laws reduce aggregate homicide levels? Using quasi-experimental evidence from a 6-month countrywide gun demand shock starting in late 2012, we show that U.S. states with legislation preventing immediate handgun purchases experienced smaller increases in handgun sales....

Do firearm purchase delay laws reduce aggregate homicide levels? Using quasi-experimental evidence from a 6-month countrywide gun demand shock starting in late 2012, we show that U.S. states with legislation preventing immediate handgun purchases experienced smaller increases in handgun sales....

In spite of the apparent general consensus, both economic theory in abstracto and the political practice in the realm of competition are looked upon from (too) many perspectives. Far from being convergent or even complementary, the “theories” and “policies” are rather contradictory and...

Household real disposable income and real pensions decelerated by 6.1% and 2.5% in December 2016 in comparison with the same period of 2015 (Fig. 1). In contrast, real wage went up by 2.4% in December 2016 compared to the same period of the previous year