The Royal Swedish Academy of Sciences on Monday awarded the Nobel Memorial Prize in Economic Sciences to Northwestern University professor and Reason contributor Joel Mokyr "for having identified the ...

Structural models of default are widely used to analyze corporate bond spreads, but have generally been unable to explain why risk premiums are as high as they are. This credit spread puzzle can be ...

The Budget Lab at Yale aims to address gaps in current economic analysis. Founded last year by three former members of the Biden administration — Yale Law School professor Natasha Sarin ’11, ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Resilience is a relevant concept for all of us—humans, leaders, companies, cities and ...

Economic Model Predictive Control (EMPC) represents an evolution of traditional control strategies, where the primary objective is to directly optimise an economic cost function rather than merely ...

In “When economists’ forecasts are no better than a coin toss” (Letters, October 4), Tahir Farooq castigates economists for being obsessed with the mathematical formulations of dynamic stochastic ...