Must-reads: May 11, 2016
Should-reads:
- The United States and Europe: Short-Run Divergence and Long-Run Challenges :
- Weekend Reading: The End of Laissez-Faire (1926):
- Long-Run Warranted Stock Valuations and Expected Returns: What Does the Shiller Data Tell Us? :
- Profit Shifting and U.S. Corporate Tax Policy Reform :
- Shadow banking’s enduring perils :
- The Problem with Obamacare :
- The Role and Limitations of Monetary Polic :
- L. Hurwicz (1977): On the dimensional requirements of informationally decentralized Pareto-satisfactory processes, in: K.J. Arrow, L. Hurwicz (Eds.), Studies in Resource Allocation Processes, Cambridge University Press,
New York, 1977, pp. 413–424. - J.S. Jordan (1982): The competitive allocation process is informationally efficient uniquely, J. Econ. Theory 28 (1982) 1–18.
- K. Mount and S. Reiter (1974): The information size of message spaces, J. Econ. Theory 28 (1974) 1–18.