The Billion Pound Drop: Did the Blitz enhance London’s Economy?
The Blitz lasted from September 1940 to May 1941, during which the Luftwaffe dropped 18,291 tons of high explosives and …
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Empty Homes, Longer Commutes: Effects of more Restrictive Local Planning
We have argued for a very long time that the fundamental problem with housing in Britain is a lack of …
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Untangling Real Gravity
Jan Tinbergen was one of the first to borrow the gravity equation from physics to explain bilateral trade flows. The …
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Naive Learning in Social Networks with Random Communication
What constitutes an optimal communication architecture for finding out the ‘truth’? Consider, for instance, people trying to estimate the reliability …
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Beyond Plausibly Exogenous
In social sciences, the most interesting questions are arguably about cause and effect. For example, what is the effect of …
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Realized Semicovariances
VENI project This year I had the honor of being awarded a VENI grant for a line of research revolving …
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Afriat in the Lab
The Generalised Axiom of Revealed Preferences (GARP) allows for testing utility maximisation when choices and prices are observed (Afriat’s Theorem, …
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Why are Homes Sold above the Asking Price?
In 2016, more than half of the homes offered for sale in Amsterdam were sold above the asking price. This …
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Team Incentives, Task Assignment and Performance: A Field Experiment
Organizations must solve two canonical problems to perform well: coordination (who performs which tasks?) and motivation (what must happen to …
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Banking Panics and Liquidity in a Monetary Economy
When a banking panic occurs, the central bank usually provides liquidity to help rescue the private banks that are in …
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