Why Commodity Prices Are Likely to Fall Further
Real interest rates appear to be on a firm upward trend, because nominal interest rates will rise and inflation will fall.
Research
How Partisanship in Cities Influences Housing Policy
Housing policy is one of the most important areas of local politics.
The Coming Rise in Residential Inflation
We study how the recent run-up in housing and rental prices affects the outlook for inflation in the USA. Housing held down the overall inflation in 2021.
Comparing Past and Present Inflation
There have been important methodological changes in the Consumer Price Index (CPI) over time.
The Aftermath of Debt Surges
Debt in emerging markets and developing economies is at its highest level in half a century.
Bad news for the Fed from the Beveridge space
The Federal Reserve seeks to cool an overheated US labor market to ease wage hikes and reduce job vacancies, without a painful spike in unemployment.
Resolving Barriers to Entrepreneurship: Implications for Socio-economic Development
Entrepreneurship is central to economic growth, particularly in emerging economies and other economically disadvantaged settings.
Reducing Burnout and Resignations among Frontline Workers: A Field Experiment
Government agencies around the world struggle to retain frontline workers, as high job demands and low job resources contribute to persistently high rates of employee burnout.
Four Facts about Human Capital
This paper synthesizes what economists have learned about human capital since Becker (1962) into four stylized facts.
Does International Trade Weaken or Strengthen Countries’ Resilience?
Four significant problems currently afflicting leading economies serve as examples of how trade barriers erected by governments have reduced resilience.
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