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This paper aims to quantify the effectiveness of teaching economics with video exemplars, mainly the US TV show The Simpsons. We regress students' exam scores on their performance on Simpsons and non-Simpsons pop quizzes. After controlling for students' quality difference and exam content, our...
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This paper incorporates a collateral constraint and a banking sector into the New Keynesian dynamic stochastic general equilibrium (DSGE) model. With the presence of credit frictions and interest rate rigidity, we examine the dynamics between housing prices, housing consumption and interest...
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