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High-resolution land cover maps are one of the technological innovations driving improvements in many fields influenced by Geographic Information Systems (GIS) and Remote Sensing. In particular, the G...
Land Cover (LC) maps are fundamental products for a wide variety of applications. The workflow for their production is composed of classification of satellite imagery and validation against a referenc...
Puget Sound is one of the best places in the United States to capture energy from tides. As water in the Sound rises and falls twice daily at high and low tide, strong underwater currents move swiftly...
We present two alternative approaches for estimating VaR. Both approaches are based on the observation that each trading day is very diverse and we can observe K different phases of the trading day. W...
Average income per capita in the countries of the OECD was more than 20 times larger in 2000 than that of the poorest developing countries. Two general explanations have been offered to account fo...
The high-frequency trading arms race is a symptom of flawed market design. Instead of the continuous limit order book market design that is currently predominant, we argue that financial...
We investigate the divergence between these results and find that a virtually all of the difference can be explained by the higher level of temporal and spatial aggregation. Since our baseline...
We introduce a numerical algorithm for solving dynamic economic models that merges stochastic simulation and projection approaches: we use simulation to approximate the ergodic measure of the solution...
Expanding College Opportunities for High-Achieving, Low Income Students.
aWe show that the vast majority of low-income high achievers do not apply to any selective college. This is despite the fact that selective institutions typically cost them less, owing to generous fin...
The decisions that young people make about college – where to apply, where to attend, how to finance their education, and what course of study to pursue – can greatly affect whether they achieve their...
Using a recursive empirical model of the real interest rate, GDP growth and the primary government deficit in the United States, I solve for the ergodic distribution of the debt/GDP ratio. If such a d...
A financial friction is a wedge between the return received by providers of financial capital–ultimately, consumers–and the cost of capital paid by businesses and consumers who use capital. I study tw...
I propose that an organization's growth potential may suffer if its identity is eclipsed by or confounded with the organizations with which it collaborates and competes. Using status as a salient feat...
Financial literacy and cognitive capabilities are convincingly linked to the quality of financial decision-making. Yet, there is little evidence that education intended to improve financial decision-m...

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