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Unequal Fields: How Agricultural Subsidies Are Reinforcing Income Gaps in Farming - by Imre Fertő Read more

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Dependency meets illiberalism: expansion of the EV battery sector in Central Europe - new study by Judit Ricz and Andrea Éltető in Post-Communist Economies Read more

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The Large Core of College Admission Markets: Theory and Evidence - new co-authored study by Péter Biró in The Review of Economics and Statistics Read more

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Accident-Induced Absence from Work and Wage Growth - new co-authored article by Anikó Bíró and Márta Bisztray in Journal of Labor Economics Read more

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Running Out of Bank Runs – new research article by Hubert Janos Kiss and co-authors

Running Out of Bank Runs Jan Libich, Dat Thanh Nguyen & Hubert Janos Kiss Published: 16 July 2023 – Journal of Financial Services Research  Abstract The theoretical literature on bank runs has modeled depositors’ withdrawal decision as a one-off choice, made simultaneously by all depositors. Our game-theoretic framework gives depositors a heterogeneous, stochastic opportunity to change their minds about […]