When Blockchain will do what current institutions do not.

As the hype surrounding cryptocurrencies is behind us, this does not mean that the technology underlying the functioning of those currencies is a force to be reckoned with. Don and Alex Tapscott gave a good summary of the promises of the technology: “The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”

Spotlight

The Empirical Revolution in Economics: Taking Stock and Looking Ahead*

The last 40 years have witnessed tremendous developments in empirical work in economics. In a recent paper, Josh Angrist and his coauthors show that the proportion of empirical work published in top journals in economics has moved from around 30% in 1980 to over 50% today. This is a very important and welcome trend. In this article, I want to take stock of what I see as the main progress in empirical research and look ahead at the remaining challenges.

Academics

Incentives in an online Q&A community

Imagine some student from around the world contacts you to get information about TSE programs. She is looking to apply for a Master in Economics, but the website is not fully informative (they have clearly no incentives to provide the cons). Are you going to reply? If so, how long will your message be? Would your choice be affected if you shared the same nationality and language?

Academics