Weekly Top 5 Papers – June 3, 2019

1. The Rise of Trump, the Fall of Prejudice? Tracking White Americans’ Racial Attitudes 2008-2018 via a Panel Survey by Daniel J. Hopkins (University of Pennsylvania) and Samantha Washington (affiliation not provided to SSRN)

2. Virtual Briefing at the Supreme Court by Jeffrey L. Fisher (Stanford Law School) and Alli Orr Larsen (William & Mary Law School)

We have both independently struggled with this phenomenon for years, but when we decided to combine forces we realized that a lot could be gained by actually pausing to write out our thoughts and observations.  As we say in the paper, there are certainly benefits and risks with virtual briefing, and we explore both.  Our main objective in this piece, however, is just to start what we think is an important conversation. – Alli Orr Larsen & Jeff Fisher

3. A Brief Introduction to the Basics of Game Theory by Matthew O. Jackson ( Stanford University – Department of Economics)

4. Antitrust Without Romance by Thibault Schrepel (Utrecht University School of Law)

5. Speculative Capital and Currency Carry Trades by Petri Jylha (Aalto University) and Matti Suominen (Aalto University School of Business)

We have received lots of feedback from hedge funds trading currencies and have been invited to central banks to present this work. We are very pleased with the interest that this paper has generated among both academics and practitioners.

In today’s world with very aggressive monetary policy in some of the world’s largest economies, it is crucial to understand why capital flows between countries. Carry trades do generate significant capital flows. Our paper, we hope, helps academics understand the economics of carry trades and their effect on equilibrium interest rates and currency returns. – Matti Suominen


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