When terminally ill patients become mentally incapacitated, their surrogates often make treatment decisions in collaboration with health care providers. The authors examined how surrogates’ errors in ...

This paper examines some of the more recent mortgage products now available to borrowers. The authors describe how these products differ across important characteristics, such as the down payment requirement, repayment ...

The authors review the empirical literature that studies the relationship between foreign direct investment, productivity, and growth using aggregate data, and focus on two questions: (1) is there evidence ...

The alcohol industry has been advancing an agenda of corporate social responsibility, claiming that there is no conflict between commercial interests and public health goals. This study subjects this ...

The real interest rate plays a central role in many important financial and macroeconomic models, including the consumption-based asset pricing model, neoclassical growth model, and models of the monetary ...