Innovation Policy and the Economy
American technological creativity is geographically concentrated in areas that are generally distant from the country’s most persistent pockets of joblessness.
Research
Fundamentals of Regulatory Design
The modern regulatory world is crowded with ideas about different regulatory approaches including, among others: performance-based regulation, self-regulation, light-touch regulation, right-touch regu
Climate Change, Climate Policy, and Economic Growth
The topics of climate change and climate change policy encompass a complex mixture of the natural sciences, economics, and a mass of institutional, legal, and technical details.
Evaluating Regulatory Performance: Learning from and Institutionalizing Retrospective Analysis of EPA Regulations
A well-functioning environmental regulatory program makes the American people better off by protecting the air we breathe, water we drink, and food we eat.
First-Price Auctions with Budget Constraints
Consider a first-price sealed-bid auction with interdependent valuations and private budget constraints.
How to Increase Growth While Raising Revenue: Reforming the Corporate Tax Code
Despite the substantial revenue potential of corporate taxation, the United States currently collects about the lowest corporate revenue (only 1 percent of U.S. GDP) among the advanced economies.
The Direct Effect of Taxes and Transfers on Changes in the U.S. Income Distribution, 1967–2015
Scholars have increasingly drawn attention to rising levels of income inequality in the United States.
Carbon Tax Review and Updating: Institutionalizing an Act-Learn-Act Approach to U.S. Climate Policy
The design of climate change policy must address a number of key uncertainties, including the impacts of climate change, the economics of a carbon tax, and the global effort to combat climate change.
Quid Pro Quo, Knowledge Spillover and Industrial Quality Upgrading
While there is a vast body of research on the benefits of FDI in developing countries, whether and how the form of FDI matters have received limited attention.
On Trade Justice: A Philosophical Plea for a New Global Deal
Trade has made the world. Still, trade remains an elusive and profoundly difficult area for philosophical thought.
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