We develop a theoretical framework to analyze the effects of immigration on native job amenities, focusing work schedules. Immigrants have comparative advantage in production at, and lower disamenity cost for nighttime work, which leads them disproportionately choose employment. Because day night tasks are imperfect substitutes, relative price increases as their supply becomes relatively more s...

Based on indirect utility theory, we introduce a novel methodology of measuring inflation expectations indirectly. This starts at the individual level, asking consumers about change in income required to buy same amounts goods and services one year ahead. Analytically, our possesses smaller ex-post aggregate forecast errors relative forecasts based conventional survey questions. We ask this que...

In periods where the national public debt has grown rapidly beyond ‘normal’ levels, idea of drawing on stock private wealth in order to pay down that debt, whether whole or part, gained currency. ‘Capital levies’ ‘one-off taxes’ involve a one-time charge based upon wealth, normally assessed across broad range asset classes (such as savings, investments, property and pensions). The goal this pap...

Why do individuals engage in self-defeating behaviors like self-harm, addiction, and risky sexual behaviors? they experience the apathy of depression or inaction when trapped by multiple competing problems? We propose a framework for explaining these other related based on insight that can only limited number latent stimuli to which are exposed. conduct an experiment test this model find more t...