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Ben Marrow Profile picture
Ben Marrow
@benmarrow
PhD in Financial Economics @UChicago. Writing @TheEconomist. Formerly: @AQRCapital | @Yankees | @NewYorkFed | @Yale. Personal views
Oct 4, 2019 • 9 tweets • 3 min read
Absolutely incredible paper presented at the @StiglerCenter's Political Economy of Finance conference in Chicago this weekend, by @NicolaLimodio.

Takeaway: fluctuations in the international price of silver can predict the probability of terrorist attacks!

(1/9) How does this work? The Quran requires that muslims above a certain threshold of wealth give away 2.5% of wealth as charity ("zakat").

In Pakistan, the government automatically taxes citizens above this threshold at the 2.5% level.

(2/9)