Contributing Writer: Shloka Mohanty | May, 2024 Economic transactions often entail an inherent information and control asymmetry between parties involved, with one side possessing greater insight and authority. Asymmetric information is particularly pronounced in lending scenarios, where borrowers typically have a more nuanced understanding of fund utilization and associated risks. Such informational asymmetry poses a significant …
Contributing Writer: Wyatt Broscious | May, 2024 Background: Dr. Cody Kallen is an Economist, working at the Board of Governors of the Federal Reserve System in the International Finance division. He graduated with a PhD in Finance and Economics at UW Madison in 2023. His research interests include multinational firms, tax policy, firm and business …
Online Journal | Ruoyu Men | January 2024 Introduction The realm of international trade has always been dynamic and evolving, but the onset of the Covid-19 pandemic has introduced unprecedented challenges and transformations, particularly for major global players like China. This article aims to delve into the intricate evolution and development of China’s international trade, …
Online Journal | Yemao Jia and Ruoyu Men | January 2024 Abstract This study examines the factors influencing land transaction prices in Beijing from 2018 to the present, using data from the GIS Pro online database. Focusing on variables like Total Gross Floor Space, Floor Area Ratio, Land Area, and Distance from Tiananmen Square, we …
Online Journal | Xuexuan Wang | January 2024 Abstract This essay delves into the intricate tapestry of the UK gambling industry, unraveling its dimensions from the definition and addictive nature of gambling to the structural dynamics and market failures it manifests. Drawing on insights from reputable sources, this exploration scrutinizes the historical trajectory of gambling, …
Online Journal | Genevieve Goetz | January 2024 What made you initially interested in studying economics? “Well, I was an undergraduate at Wash U in St. Louis and I started studying physics. But I quickly realized that that wasn’t really human-related enough for me. And so I wasn’t really sure what I was gonna do, …
Online Journal | Aaron Mathew | January 2024 Dr. Katy Milkman is the James G. Dinan Professor at The Wharton School of the University of Pennsylvania and the co-director of the Behavioral Change for Good Initiative alongside Dr. Angela Duckworth. Her research interests span behavioral economics, psychology, and research methodology, which she explores in her …
Online Journal | Dhruvi Singh Raghuwanshi | January 2023 Background The government provides corporate incentives to produce eco-friendly automobiles through carbon credits. In most cases, an emission permit enables its owner to emit one tonne of a pollutant including carbon dioxide (Farrington, 2022). In this article, we dive into the analysis of the carbon credit …
Contributing Writer: Eric Alberts | May, 2022 In the United States, citizens have the opportunity to participate in their government and influence policy decisions through voting. It’s not often that you hear someone critique this basic premise of our government. On paper, it is perhaps the best system in the world. But a small addition …
Contributing Writer: Eric Hsienchen Chu | May, 2022 In 2020, the Korean movie “Parasite” won Best Picture in the Oscars, making a name not only in the film industry but around the globe. This film became extremely renowned because it profoundly depicted the ingrained inequalities in South Korea’s society – the suffocating contrasts of the …