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The Microeconomics of Cryptocurrencies

By Hanna Halaburda, Guillaume Haeringer, Joshua Gans, and Neil Gandal

Journal of Economic Literature, September 2022

Since its launch in 2009 much has been written about Bitcoin, cryptocurrencies, and blockchains. While the discussions initially took place mostly on blogs and other popular media, we now are witnessing the emergence of a growing body of rigorous academ...

The Political Economy of Populism

By Sergei Guriev and Elias Papaioannou

Journal of Economic Literature, September 2022

We synthesize the literature on the recent rise of populism. First, we discuss definitions and present descriptive evidence on the recent increase in support for populists. Second, we cover the historical evolution of populist regimes since the late nin...

The COVID-19 Pandemic Disrupted Both School Bullying and Cyberbullying

By Andrew Bacher-Hicks, Joshua Goodman, Jennifer Greif Green, and Melissa K. Holt

American Economic Review: Insights, September 2022

One-fifth of US high school students report being bullied each year. We use internet search data for real-time tracking of bullying patterns as COVID-19 disrupted in-person schooling. We first show that pre-pandemic internet searches contain useful inform...

Time to Repay or Time to Delay? The Effect of Having More Time before a Payday Loan Is Due

By Susan Payne Carter, Kuan Liu, Paige Marta Skiba, and Justin Sydnor

American Economic Journal: Applied Economics, October 2022

We examine the effect of state laws on minimum payday loan durations that give some borrowers an additional pay cycle to repay their initial loan with no other changes to contract terms. Neoclassical models predict this "grace period" would reduce borrowe...