This paper compares mortality between Gold and Silver medalists in Olympic Track and Field to study how achievement influences health. Contrary to conventional wisdom, winners die over one year earlier than losers. Data on pre-Olympic performances and each athlete’s career length suggest that...

The authors describe the various ways in which the financial market crisis might affect workers, pension funds and governments. In 2008 the impact of the stock market decline on global pension assets was substantial (roughly 40 per cent, according to the authors' estimates for the G20...

This paper studies price and quality differences across international intermediate input suppliers. We develop price measures that account for (i) differences in product characteristics, (ii) unobserved quality differences, and (iii) pure (frictional) price dispersion across suppliers. Using...