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Bitcoin isn’t much of a macro hedge
Bitcoin is often sold as protection against adverse macroeconomic outcomes. This column argues that this depiction as a macro hedge does not stand up...
Epidemic Exposure, Financial Technology, and the Digital Divide
Journal of Money, Credit and Banking (forthcoming)
Restarting Ukraine’s agricultural exports
Russia has imposed a naval blockade on Ukraine, suffocating the country’s agricultural exports. The last time that Ukraine experienced an export...
Covid-19 and trust among the young
Mishandled public health and other disasters erode young people’s trust in politicians for years