An old and important idea in economics is that certain socially harmful behaviours can be dealt with not through bans or regulation but through the price mechanism. By taxing so-called “negative ...

We document evidence of a U-shaped relationship between financial development and the adjustments of foreign exchange (FX) reserve holdings in response to a U.S. interest rate increase. Countries with ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...

Karnataka AIB alcohol tax: Come April, Karnataka will be the first state in the country to transition to an Alcohol-in-Beverage (AIB) based excise duty. The government describes AIB as “globally ...

Karnataka, which is one of the largest states in India, is also among the biggest markets for alcoholic beverages, with its large base of young professionals and multinational workforce driving demand ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and ...

In Planes Overhead: How Airplane Noise Impacts Home Values (NBER Working Paper 34431), Florian Allroggen, R. John Hansman, Christopher R. Knittel, Jing Li, Xibo Wan, and Juju Wang examine how changes ...

When the United Nations Environment Assembly convenes in December, a key topic up for discussion will be the mounting environmental impact of artificial intelligence. Ahead of those talks, here’s a ...

This illustration depicts NASA’s Double Asteroid Redirection Test (DART) spacecraft prior to impact at the Didymos binary asteroid system. Credit: NASA/Johns Hopkins APL/Steve Gribben Astronomers at ...

The BBVA Foundation has awarded the Frontiers of Knowledge Award in the Economics, Finance and Business Management category to Olivier Blanchard (Paris School of Economics and MIT), Jordi Galí (Centre ...

Academia skews sharply leftward and is increasingly illiberal. Many academics have abandoned the fact/value distinction, which had long served as both a source of rigor and a sort of epistemological ...