Stablecoin issuers can become subject to runs just like banks. This is because, in the absence of adequate regulation, issuers are incentivised to hold disproportionate amounts of high-yielding but illiquid assets in their reserve portfolios. The value of such reserve assets may be overly...

This paper examines the relationship between Mormon temples and county-level poverty rates in the United States. The Mormon church teaches that obedience to the law of tithing, which requires members to donate 10% of their income, can break the cycle of poverty. Using the presence of a temple as...

Private Country-by-Country Reporting (CbCR) is a measure against tax avoidance by large multinationals, implemented throughout the EU in 2016. Multinational companies with an annual revenue over € 750 million have been required to report their global activities on a country-by-country basis to...