This papers aims to provide an understandable survey of 'stablecoins'---cryptocurrencies designed to have lower volatility than Bitcoin or Ether. We distil the stability mechanisms into a set of primitives and precisely analyze why they are thought to adjust exchange rates, what assumptions they...

We propose an allocation mechanism for publicly providing a private good such that the final allocation is independent of income yet increasing in strength of preference or need. The lsquo;pay or wait' mechanism consists of offering the good for sale at two outlets. The lsquo;queuing' outlet...

To the extent that families' fertility decisions respond to economic factors, the price of housing is an important and relatively neglected candidate for consideration in fertility decisions. In theory, the effect of changes in housing prices on family size will depend on the quantity of housing...

Persistent house price increases are a likely candidate for consideration in fertility decisions. Theoretically, higher housing prices will cause renters to desire fewer additional children, but home owners to desire more children if they already have sufficient housing and low substitution...