Could China's Digital Currency Unseat the Dollar?
Improvements in medical treatment have contributed to rising health spending.
Research
Why is the Euro Punching Below Its Weight?
On the twentieth anniversary of its inception, the euro has yet to expand its role as an international currency.
How Are Small Businesses Adjusting to COVID-19? Early Evidence from a Survey
In addition to its impact on public health, COVID-19 has had a major impact on the economy.
Tradability and the Labor-Market Impact of Immigration: Theory and Evidence From the United States
In this paper, we study how occupation (or industry) tradability shapes local labor-market adjustment to immigration.
The Cost-Effectiveness Implications of Carbon Price Certainty
While a firm knows the carbon price with certainty under a tax, it must form an expectation about future allowance prices to identify its cost-effective abatement investment under a cap-and-trade prog
Dissecting the US Treasury Department’s Round 1 Allocations of CARES Act COVID-19 Relief Funding for Tribal Governments
This study dissects the US Department of the Treasury’s formula for distributing first-round CARES Act funds to Indian Country.
The Price of Biodiesel RINs and Economic Fundamentals
The D4 RIN is the tradable compliance certificate for the biomass-based diesel (BBD) mandate in the renewable fuel standard (RFS).
Measuring the Macroeconomic Impact of Carbon Taxes
Policymakers often express concern about the impact of carbon taxes on employment or GDP.
The Federal Fisc
Long before the presidential primaries, or a paralyzing pandemic, Harvard Magazine asked several faculty experts to write about issues that would be shaped by the national elections, that mattered to
Reopening Scenarios
We use a five-age epidemiological model, combined with 66-sector economic accounting, to address a variety of questions concerning the economic reopening.
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