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It is well-known that small di§erences in discount rates, persisting over generations, make it much easier to explain US wealth inequality across households as an equilibrium outcome. At the individua...
How Prediction Markets Can Save Event Studies
prediction markets event studies political economy
2012/10/31
This review paper articulates the relationship between prediction market data and event studies, with a special focus on applications in political economy. Event studies have been used to address a va...