This paper integrates daytime and nighttime satellite imagery into a spatial general-equilibrium model to evaluate the returns to investments in new motorways. Our approach has…
This paper integrates daytime and nighttime satellite imagery into a spatial general-equilibrium model to evaluate the returns to investments in new motorways. Our approach has…
If the era of hyperglobalization started in 1995, with the creation of the World Trade Organization (WTO), its death throes began in early 2018, when U.S. President Donald Trump…
December 8, 2023, Opinion: "Manufacturing industries are no longer the labor-absorbing sectors they used to be, and that is a big problem for developed and developing economies…
This is a bold and intriguing paper. It offers a new explanation for poverty reduction (or lack thereof) and interesting new empirical measures of global market access and the…
For much of the past few months, President Joe Biden’s administration has been trying to drum up public enthusiasm around “Bidenomics”—an economic agenda formed around the logic…
September 2023, Paper: "Industrial policy is experiencing a global resurgence. The governments of Brazil, the European Union, South Africa, and the United States are just a few of…
August 2023, Paper: "There are few economic policies that generate more kneejerk opposition from economists than industrial policy. This has not stopped governments from making…
August 4, 2023, Opinion: "In the past, economists assessing the performance of industrial policies often focused on indicators such as import tariffs, capturing only limited…
The United Kingdom faces a good-jobs challenge. The British economy falls short on inequality metrics on the one hand, and average household disposable income levels on the other…
