We study 30 vintages of FRB/US, the principal macro model used by the Federal Reserve Board staff for forecasting and policy analysis. To do this, we exploit archives of the model code, coefficients, baseline databases and stochastic shock sets stored after each FOMC meeting from the model's...

This article proposes that is termed the ‘Tolerance-Autonomy Model' to explain Sino-DPRK relations by expanding prior theories on international relations between a hegemon and periphery states. According to the model, China will allow actions of the DPRK within the ‘boundary of tolerance' so...

Recent years have witnessed the rise of queue-scalping in congestion-prone service systems. A queue-scalper has no material interest in the primary service but proactively enters the queue in hopes of selling his spot later. This paper develops a queueing-game-theoretic model of queue-scalping...