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Throughout his career, Sachs has studied economic geography, macroeconomics (for which he wrote a textbook), extractive industries, public health, and economic growth. She is the director for the development economics program at the Center for Economic and Policy Research. A/C Title : Jahangir's World Times. He founded the Columbia Universitys Committee on Global Thought and the Initiative for Policy Dialogue. His role was to make sure all data remained unbiased, accurate, and up-to-date. from Case Western Reserve University, and an M.A. The honor was bestowed for his work on the Heckman correction, that he developed to alleviate bias, or the impacts of bias from sample sets. Mankiw has done important study on menu costs, publishing a paper titled Small Menu Costs and Large Business Cycles: A Macroeconomic Model of Monopoly,which has served as the foundation for further work by economists such as Laurence Ball and David Romer. According to the U.S. Bureau of Labor Statistics, about 1,400 job openings are projected for economists over the next decade. Their most recent book is called Good Economics for Hard Times. These degrees also encourage students to pursue research and gain knowledge on simple topics like finance vs accounting and more complex issues like green economies and the economics of information security. Influence can be produced in a variety of ways. 7-4-2022 - Best of Caller Questions - 4th of July Special. Written in 1946, it has since sold more than a million copies, a testament to the staying power of Hazlitt's lessons. Stiglitz is another of the most highly esteemed economists in the world, having been awarded a Nobel Prize in 2001, for his work analyzing markets with asymmetric information. Have you read? Thus, this list is by no means based on a complete sample. He was awarded the John Bates Clark Medal in 2009, for his work in the economy of taxation, and for attracting the attention of new economists, and perhaps inspiring them to investigate new lines of inquiry related to income distribution. Department of Economics, Harvard University, Cambridge, Massachusetts (USA)National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA), Department of Economics, University of Chicago, Chicago, Illinois (USA), Economics Department, Massachusetts Institute of Technology (MIT), Cambridge, Massachusetts (USA), Finance and Economics Department, Graduate School of Business, Columbia University, New York City, New York (USA), Department of Economics, Harvard University, Cambridge, Massachusetts (USA), Institut d'conomie Industrielle (IDEI), Toulouse School of Economics (TSE), Toulouse, France, Cowles Foundation for Research in Economics, Yale University, New Haven, Connecticut (USA)School of Economics, Singapore Management University, Singapore, Singapore, Department of Economics, University of California-Berkeley, Berkeley, California (USA)National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA), Booth School of Business, University of Chicago, Chicago, Illinois (USA), Peter G. Peterson Institute for International Economics (IIE), Washington, District of Columbia (USA), Department of Economics, University College London (UCL), London, United KingdomESRC Centre for the Microeconomic Analysis of Public Policy (CPP), Institute for Fiscal Studies (IFS), London, United Kingdom, Centre for Economic Performance (CEP), London School of Economics (LSE), London, United KingdomParis School of Economics, Paris, France, Department of Economics, University of Southern California, Los Angeles, California (USA), Department of Economics, University of California-Berkeley, Berkeley, California (USA), National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA), Finance Department, Stern School of Business, New York University (NYU), New York City, New York (USA)Volatility Institute, Stern School of Business, New York University (NYU), New York City, New York (USA), Tinbergen Instituut, Amsterdam, Netherlands, Economics Department, Michigan State University, East Lansing, Michigan (USA), Department of Economics, New York University (NYU), New York City, New York (USA), Harvard Business School, Harvard University, Cambridge, Massachusetts (USA)National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA), Economic Studies, Brookings Institution, Washington, District of Columbia (USA), Department of Economics, Stanford University, Stanford, California (USA), Harvard Kennedy School, Harvard University, Cambridge, Massachusetts (USA), Department of Economics, Faculty of Economic and Management Sciences, University of Pretoria, Pretoria, South Africa, Department of Finance, Fisher College of Business, Ohio State University, Columbus, Ohio (USA), Department of Economics, School of Arts and Sciences, Columbia University, New York City, New York (USA), Department of Economics, Princeton University, Princeton, New Jersey (USA)School of Public and International Affairs, Princeton University, Princeton, New Jersey (USA), African Governance and Development Institute (AGDI), Yaound, Cameroun, Economics Department, Yale University, New Haven, Connecticut (USA)Cowles Foundation for Research in Economics, Yale University, New Haven, Connecticut (USA), Graduate School of Business, Stanford University, Stanford, California (USA), Negotiations, Organizations and Markets Unit, Harvard Business School, Harvard University, Cambridge, Massachusetts (USA), Centre for Economic Performance (CEP), London School of Economics (LSE), London, United Kingdom, Department of Economics, Princeton University, Princeton, New Jersey (USA), Economics Department, Dartmouth College, Hanover, New Hampshire (USA), Economics Department, London School of Economics (LSE), London, United Kingdom, Leonard D. Schaeffer Center for Health Policy and Economics, University of Southern California, Los Angeles, California (USA), Department of Economics, Stanford University, Stanford, California (USA)Hoover Institution on War Revolution & Peace, Stanford University, Stanford, California (USA), Centro de Estudios Monetarios y Financieros (CEMFI), Madrid, Spain, Economics Department, Massachusetts Institute of Technology (MIT), Cambridge, Massachusetts (USA)National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA), Department of Economics, Boston College, Chestnut Hill, Massachusetts (USA), Centre for Economic Performance (CEP), London School of Economics (LSE), London, United KingdomNational Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA), Cowles Foundation for Research in Economics, Yale University, New Haven, Connecticut (USA), Department of Economics, University of Washington, Seattle, Washington (USA), Department of Economics, Northwestern University, Evanston, Illinois (USA)National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA), Department of Economics, University of Maryland, College Park, Maryland (USA), Department of Economics, Duke University, Durham, North Carolina (USA), Institut fr Volkswirtschaftslehre, Wirtschaftswissenschaftliche Fakutt, Universitt Zrich, Zrich, Switzerland, Department of Economics, University of Pennsylvania, Philadelphia, Pennsylvania (USA), Robert D. Burch Center for Tax Policy and Public Finance, Department of Economics, University of California-Berkeley, Berkeley, California (USA), Centre de Recerca en Economia Internacional (CREI), Barcelona School of Economics (BSE), Barcelona, Spain, Sloan School of Management, Massachusetts Institute of Technology (MIT), Cambridge, Massachusetts (USA), Department of Economics, University of California-San Diego (UCSD), La Jolla, California (USA), Department of Economics, Northwestern University, Evanston, Illinois (USA)Institute for Policy Research (IPR), Northwestern University, Evanston, Illinois (USA), Department of Economics, Northwestern University, Evanston, Illinois (USA), Stockholm School of Economics, Stockholm, Sweden, Department of Economics, Sussex Business School, University of Sussex, Brighton, United KingdomCollege of Business Administration, Abu Dhabi University, Abu Dhabi, United Arab Emirates, World Bank Group, Washington, District of Columbia (USA), Center for Research in Economics, Management and the Arts (CREMA), Basel/Zrich, Switzerland, Economics Department, Brown University, Providence, Rhode Island (USA), School of International and Public Affairs (SIPA), Columbia University, New York City, New York (USA), Cowles Foundation for Research in Economics, Yale University, New Haven, Connecticut (USA)Economics Department, Yale University, New Haven, Connecticut (USA), Economics Department, Stern School of Business, New York University (NYU), New York City, New York (USA), International Economics Section, Department of Economics, Princeton University, Princeton, New Jersey (USA), Bank for International Settlements (BIS), Basel, Switzerland, Economic Analysis & Policy Group (EAP), Walter A. Haas School of Business, University of California-Berkeley, Berkeley, California (USA), Economics Department, University of California-Davis, Davis, California (USA), Fanhai International School of Finance, Fudan University, Shanghai, China, Hoover Institution on War Revolution & Peace, Stanford University, Stanford, California (USA), Innocenzo Gasparini Institute for Economic Research (IGIER), Universit Commerciale Luigi Bocconi, Milano, Italy, Harvard Business School, Harvard University, Cambridge, Massachusetts (USA), Griswold Center for Economic Policy Studies, Department of Economics, Princeton University, Princeton, New Jersey (USA)Department of Economics, Princeton University, Princeton, New Jersey (USA), Department of Economics, Washington University in St. Louis, St. Louis, Missouri (USA)Robert Schuman Centre for Advanced Studies (RSCAS), European University Institute, Firenze, Italy, Department of Economics, Boston University, Boston, Massachusetts (USA), Robert Schuman Centre for Advanced Studies (RSCAS), European University Institute, Firenze, Italy, Federal Reserve Bank of Dallas, Dallas, Texas (USA), European Central Bank, Frankfurt am Main, Germany, Finance Area, Fuqua School of Business, Duke University, Durham, North Carolina (USA)National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA), Harris School of Public Policy, University of Chicago, Chicago, Illinois (USA), Finance Department, Stern School of Business, New York University (NYU), New York City, New York (USA), Department of Economics, Waikato Management School, University of Waikato, Hamilton, New Zealand, Economic Growth Center, Economics Department, Yale University, New Haven, Connecticut (USA), Center for Energy and Environmental Policy Research (CEEP), Beijing Institute of Technology, Beijing, China, Economics Department, University of Wisconsin-Madison, Madison, Wisconsin (USA), Center for Operations Research and Econometrics (CORE), Louvain Institute of Data Analysis and Modelling in Economics and Statistics (LIDAM), Universit Catholique de Louvain, Louvain-la-Neuve, Belgium, School of Economics, UNSW Business School, UNSW Sydney, Sydney, Australia, Department of Business Economics and Public Policy, Ross School of Business, University of Michigan, Ann Arbor, Michigan (USA)Economics Department, University of Michigan, Ann Arbor, Michigan (USA), Istituto Einaudi per l'Economia e la Finanza (EIEF), Roma, Italy, School of Public and International Affairs, Princeton University, Princeton, New Jersey (USA), konomisk Institut, Kbenhavns Universitet, Kbenhavn, Denmark, Economics Department, London School of Economics (LSE), London, United KingdomDepartment of Economics, Faculty of Economics and Management, University of Cyprus, Nicosia, Cyprus, Department of Economics, Princeton University, Princeton, New Jersey (USA)Institute of Labor Economics (IZA), Bonn, Germany, Department of Economics, University of California-Irvine, Irvine, California (USA), ifo Institut - Leibniz-Institut fr Wirtschaftsforschung an der Universitt Mnchen e.V., Mnchen, Germany, Center for Global Management, Anderson Graduate School of Management, University of California-Los Angeles (UCLA), Los Angeles, California (USA), Department of Economics, University of Texas-Austin, Austin, Texas (USA), Edinburgh Business School, Heriot-Watt University, Edinburgh, United Kingdom, Economics Group, Nuffield College, Department of Economics, Oxford University, Oxford, United KingdomDepartment of Economics, Oxford University, Oxford, United Kingdom, Centre for Economic Policy Research (CEPR), London, United Kingdom, Institut fr Volkswirtschaftslehre, Johannes-Kepler-Universitt Linz, Linz, Austria, Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School, Harvard University, Cambridge, Massachusetts (USA)National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA), Department of Geography and Environment, London School of Economics (LSE), London, United Kingdom, Motu: Economic & Public Policy Research, Wellington, New Zealand, Department of Economics, Ohio State University, Columbus, Ohio (USA), Applied Economics Workshop, Booth School of Business, University of Chicago, Chicago, Illinois (USA), Department of Economics, University College London (UCL), London, United KingdomCentre for Research and Analysis of Migration (CReAM), University College London (UCL), London, United Kingdom, IESE Business School, Universidad de Navarra, Barcelona, Spain, Rady School of Management, University of California-San Diego (UCSD), La Jolla, California (USA), Economics Department, Yale University, New Haven, Connecticut (USA), Department of Economics, University of Warwick, Coventry, United KingdomInstitute of Labor Economics (IZA), Bonn, Germany, Department of Economics, Johns Hopkins University, Baltimore, Maryland (USA), Economics Research, World Bank Group, Washington, District of Columbia (USA), Productivity Institute, University of Manchester, Manchester, United Kingdom, Department of Economics, Vanderbilt University, Nashville, Tennessee (USA), Facultad de Ciencias Econmicas y Empresariales, Universidad de Navarra, Pamplona, SpainNavarra Center for International Development, Universidad de Navarra, Pamplona, Spain, Department of Economics, Rutgers University-New Brunswick, New Brunswick, New Jersey (USA), School of Public and Environmental Affairs, Indiana University, Bloomington, Indiana (USA), Department of Economics, University College London (UCL), London, United Kingdom, Department of Social Policy, London School of Economics (LSE), London, United Kingdom, Institute for International Economic Studies (IIES), Stockholms Universitet, Stockholm, Sweden, Foerder Institute for Economic Research, Eitan Berglas School of Economics, Tel Aviv University, Tel Aviv, IsraelNational Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA), Vancouver School of Economics, University of British Columbia, Vancouver, Canada, Department of Economics and Related Studies, University of York, York, United Kingdom, briq Institute on Behavior and Inequality, Bonn, Germany, Department of Economics, Oxford University, Oxford, United Kingdom, Department of Economics, Pennsylvania State University, State College, Pennsylvania (USA), Economics Department, Queen's University, Kingston, Canada, Global Labor Organization (GLO), Essen, Germany, Department of Economics, McGill University, Montral, Canada, Department of Management, Technology and Economics (D-MTEC), Eidgenssische Technische Hochschule Zrich (ETHZ), Zrich, Switzerland, Faculty of Economics, University of Cambridge, Cambridge, United Kingdom, Department of Banking and Financial Management, University of Piraeus, Piraeus, Greece, National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA)Department of Economics, School of Arts and Sciences, Columbia University, New York City, New York (USA), Centro Studi di Economia e Finanza (CSEF), Napoli, Italy, Dipartimento di Economia "Ettore Bocconi", Universit Commerciale Luigi Bocconi, Milano, Italy, Department of Economics, University of California-Santa Barbara (UCSB), Santa Barbara, California (USA), Department of Economics, Monash Business School, Monash University, Melbourne, Australia, Department of Economics, University of Western Ontario, London, Canada, Department of Finance and Business Economics, Marshall School of Business, University of Southern California, Los Angeles, California (USA), International Economics Section, The Graduate Institute of International and Development Studies, Genve, Switzerland, Oxford Centre for the Analysis of Resource-Rich Economies (OxCarre), Department of Economics, Oxford University, Oxford, United KingdomDepartment of Economics, Oxford University, Oxford, United Kingdom, Tuck School of Business, Dartmouth College, Hanover, New Hampshire (USA), Economic Science Institute (ESI), Argyros School of Business and Economics, Chapman University, Orange, California (USA), Fachbereich Wirtschaftswissenschaften, Universitt Konstanz, Konstanz, Germany, Economics Department, University of Wisconsin, Milwaukee, Wisconsin (USA), Olin School of Business, Washington University in St. Louis, St. Louis, Missouri (USA), Economics Department, University of Wisconsin-Madison, Madison, Wisconsin (USA)Economics Department, University of Missouri, Columbia, Missouri (USA), Department of Economics, Trinity College Dublin, Dublin, IrelandEuropean Central Bank, Frankfurt am Main, Germany, Department of Finance, McCombs School of Business, University of Texas-Austin, Austin, Texas (USA), Finance Department, Wharton School of Business, University of Pennsylvania, Philadelphia, Pennsylvania (USA), Department of Economics, Maxwell School, Syracuse University, Syracuse, New York (USA), Department of Economics, University of Chicago, Chicago, Illinois (USA)Economics Department, Massachusetts Institute of Technology (MIT), Cambridge, Massachusetts (USA), Charles H. Dyson School of Applied Economics and Management, College of Agriculture and Life Sciences, Cornell University, Ithaca, New York (USA)Department of Economics, Cornell University, Ithaca, New York (USA), Business School, Imperial College, London, United Kingdom, Department of Economics, College of Economic and Management Sciences, University of South Africa (UNISA), Pretoria, South Africa, Vancouver School of Economics, University of British Columbia, Vancouver, CanadaCentre for Economic Policy Research (CEPR), London, United Kingdom, Center for Energy and Environmental Policy Research (CEEPR), Sloan School of Management, Massachusetts Institute of Technology (MIT), Cambridge, Massachusetts (USA), Department of Finance, Investment and Banking, School of Business, University of Wisconsin-Madison, Madison, Wisconsin (USA)Economics Department, University of Wisconsin-Madison, Madison, Wisconsin (USA), Laboratory of Economics and Management (LEM), Scuola Superiore Sant'Anna, Pisa, Italy, Kellogg Graduate School of Management, Northwestern University, Evanston, Illinois (USA), Freeman Spogli Institute for International Studies, Stanford University, Stanford, California (USA), Financial Markets Group (FMG), London School of Economics (LSE), London, United Kingdom, Forschungsbasierte Infrastruktureinrichtung "Sozio-oekonomisches Panel (SOEP)", DIW Berlin (Deutsches Institut fr Wirtschaftsforschung), Berlin, Germany, School of International and Public Affairs (SIPA), Columbia University, New York City, New York (USA)Maurice R. Greenberg Center for Geoeconomic Studies, Council on Foreign Relations, Washington, District of Columbia (USA), School of Economics, University of Adelaide, Adelaide, Australia, sterreichisches Institut fr Wirtschaftsforschung (WIFO), Wien, Austria, School of Economics, Faculty of Arts and Social Sciences, University of Sydney, Sydney, Australia, Harvard Kennedy School, Harvard University, Cambridge, Massachusetts (USA)National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA), Faculteit Economie en Bedrijfskunde, Rijksuniversiteit Groningen, Groningen, Netherlands, Department of Economics, Johns Hopkins University, Baltimore, Maryland (USA)National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA), National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA)Pension Research Council, Wharton School of Business, University of Pennsylvania, Philadelphia, Pennsylvania (USA), Department of Economics, University of Colorado, Boulder, Colorado (USA), Department of Agricultural and Resource Economics, University of California-Berkeley, Berkeley, California (USA), Institut fr Banking und Finance (Institut fr Schweizerisches Bankwesen), Wirtschaftswissenschaftliche Fakutt, Universitt Zrich, Zrich, SwitzerlandSwiss Finance Institute, Genve/Zrich, Switzerland, Center for Analytic Research and Economics in the Social Sciences (CARESS), Department of Economics, University of Pennsylvania, Philadelphia, Pennsylvania (USA), Gabelli School of Business, Fordham University, New York City, New York (USA)Suomen Pankki, Helsinki, Finland, School of Management, Yale University, New Haven, Connecticut (USA), School of Economics, LeBow College of Business, Drexel University, Philadelphia, Pennsylvania (USA), Graduate School of Business, Columbia University, New York City, New York (USA), Department of Economics, College of Business, University of Wyoming, Laramie, Wyoming (USA), Wellington School of Business and Government, Victoria University of Wellington, Wellington, New Zealand, School of Business, George Washington University, Washington, District of Columbia (USA), Charles H. Dyson School of Applied Economics and Management, College of Agriculture and Life Sciences, Cornell University, Ithaca, New York (USA), DIW Berlin (Deutsches Institut fr Wirtschaftsforschung), Berlin, Germany, Department of Social and Decision Sciences, Carnegie Mellon University, Pittsburgh, Pennsylvania (USA), International Food Policy Research Institute (IFPRI), Washington, District of Columbia (USA), Department of Economics, Graduate Center, City University of New York (CUNY), New York City, New York (USA)National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA), Department of Economics, European University Institute, Firenze, Italy, Economics Department, University of Michigan, Ann Arbor, Michigan (USA), Management School, Lancaster University, Lancaster, United Kingdom, Institut for Finansiering, Copenhagen Business School, Kbenhavn, Denmark, Center for Global Management, Anderson Graduate School of Management, University of California-Los Angeles (UCLA), Los Angeles, California (USA)Department of Economics, University of California-Los Angeles (UCLA), Los Angeles, California (USA), Economics Department, University of Strathclyde, Glasgow, United Kingdom, Department of Economics, Sciences conomiques, Sciences Po, Paris, France, Division of Social Sciences, California Institute of Technology, Pasadena, California (USA), Research and Statistics Group, Federal Reserve Bank of New York, New York City, New York (USA)Federal Reserve Bank of New York, New York City, New York (USA), Escuela Superior de Economa, Instituto Politcnico Nacional, Mxico, Mexico, Department of Economics, Business School, University of Exeter, Exeter, United Kingdom, Real Estate Department, Wharton School of Business, University of Pennsylvania, Philadelphia, Pennsylvania (USA), Department of Economics, University of Minnesota, Minneapolis, Minnesota (USA)Research Department, Federal Reserve Bank of Minneapolis, Minneapolis, Minnesota (USA), Institutt for Samfunnskonomi, BI Handelshyskolen, Oslo, Norway, International Monetary Fund (IMF), Washington, District of Columbia (USA), Department of Economics, University of Toronto, Toronto, Canada, Federal Reserve Bank of Chicago, Chicago, Illinois (USA), ktisadi, dari ve Sosyal Bilimler Fakltesi, Niantas niversitesi, stanbul, Turkey, Walter A. Haas School of Business, University of California-Berkeley, Berkeley, California (USA), Department of Finance, Kellogg Graduate School of Management, Northwestern University, Evanston, Illinois (USA)National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA), Economics Department, University of Rochester, Rochester, New York (USA), Department of Economics, London Business School (LBS), London, United KingdomCentre for Economic Policy Research (CEPR), London, United Kingdom, Fisher College of Business, Ohio State University, Columbus, Ohio (USA), Econometrisch Instituut, Faculteit der Economische Wetenschappen, Erasmus Universiteit Rotterdam, Rotterdam, Netherlands, School of Economics, University of Edinburgh, Edinburgh, United Kingdom, Urban Institute, Kyushu University, Fukuoka, Japan, School of Economics, University of Surrey, Guildford, United Kingdom, Department of Economics, Washington University in St. Louis, St. Louis, Missouri (USA)Olin School of Business, Washington University in St. Louis, St. Louis, Missouri (USA), Institute for Fiscal Studies (IFS), London, United Kingdom, Robert M. La Follette School of Public Affairs, University of Wisconsin-Madison, Madison, Wisconsin (USA)Economics Department, University of Wisconsin-Madison, Madison, Wisconsin (USA), National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA)Economics Department, Yale University, New Haven, Connecticut (USA), Finance Unit, Harvard Business School, Harvard University, Cambridge, Massachusetts (USA), Department of Economics, University of California-Los Angeles (UCLA), Los Angeles, California (USA), Economics Discipline Group, Business School, University of Technology Sydney, Sydney, Australia, William E. Simon Graduate School of Business Administration, University of Rochester, Rochester, New York (USA)National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA), Schar School of Policy and Government, George Mason University, Arlington, Virginia (USA)Department of Management, London School of Economics (LSE), London, United Kingdom, Department of Economics, University of Texas-Dallas, Dallas, Texas (USA), Dipartimento di Economia "Ettore Bocconi", Universit Commerciale Luigi Bocconi, Milano, ItalyInnocenzo Gasparini Institute for Economic Research (IGIER), Universit Commerciale Luigi Bocconi, Milano, Italy, Department of Risk Management and Insurance, J. Mack Robinson College of Business, Georgia State University, Atlanta, Georgia (USA), Anderson Graduate School of Management, University of California-Los Angeles (UCLA), Los Angeles, California (USA), School of Business, University of Alberta, Edmonton, Canada, Department of Economics, University of Minnesota, Minneapolis, Minnesota (USA), Department of Economics, Korea University, Seoul, South Korea, Toulouse School of Economics (TSE), Toulouse, France, China Institute for Studies in Energy Policy, Xiamen University, Fujian, China, Max-Planck-Institut zur Erforschung von Gemeinschaftsgtern, Max-Planck-Gesellschaft, Bonn, Germany, Disciplinegroep Economische Geografie, Faculteit Ruimtelijke Wetenschappen, Universiteit Utrecht, Utrecht, Netherlands, Center for the Study of Public Choice (CSPC), Economics Department, George Mason University, Fairfax, Virginia (USA), Risk and Sustainable Management Group (RSMG), School of Economics, University of Queensland, Brisbane, Australia, Finance Unit, Harvard Business School, Harvard University, Cambridge, Massachusetts (USA)National Bureau of Economic Research (NBER), Cambridge, Massachusetts (USA), Department of Economics, W.P. 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