A deep look at how financial markets are designed

Financial markets are fast-moving, complex, and opaque. Even the U.S. stock market is fragmented into an array of competing exchanges and a set of proprietary "dark pools" run by financial firms. Meanwhile, high-frequency ...

Value-added tax cuts do not increase consumer purchasing power

An empirical study published in the Journal of Political Economy finds that VAT cuts are less likely to be passed on to consumer prices than VAT hikes. Following a temporary VAT cut, prices can even be higher than on onset.

Why the science on hazard reduction is contested

When it comes to reducing the extent of bushfires, scientists disagree on the best way to do it. Hazard-reduction burning (also known as "prescribed burning" or "controlled burning") is controversial and, depending on the ...

The role of temporal fluctuations for the swing feel in jazz music

In 1931, Duke Ellington and Irving Mills dedicated a song to the phenomenon of swing, which they called "It Don't Mean a Thing, If It Ain't Got That Swing." Yet, to this day, the question of what, exactly, makes a jazz performance ...

Measuring the world of social phenomena

Economists working with Professor Marko Sarstedt from Otto von Guericke University Magdeburg are demanding that the same scientific standards be applied to economics and the behavioral sciences in general as are used in the ...

page 2 from 5