The Measure and Mismeasure of Fairness
The field of fair machine learning aims to ensure that decisions guided by algorithms are equitable. Over the last decade, several formal, mathematical definitions of fairness have gained prominence.
Research
A Radical Reckoning with Cultural Devastation and Its Aftermath: Reflections on Wub-e-ke-niew’s We Have the Right to Exist
Wub-e-ke-niew’s enormously unsettling book We Have the Right to Exist presents a version of indigenous philosophical thought as an alternative way of being human in the world that creates profound ins
Great Dilution: The Global Impact of the US Inflation Shock on Sovereign Debt
Decades of low inflation led to widespread use of dollar-denominated financial instruments with fixed interest rates and long maturities.
Is the era of zero interest rates gone for good?
Cost of borrowing will probably stay elevated for foreseeable future, making it harder for governments to service debts.
The Disparate Impacts of College Admissions Policies on Asian American Applicants
There is debate over whether Asian American students are admitted to selective colleges and universities at lower rates than white students with similar academic qualifications.
Diversifying Society’s Leaders? The Causal Effects of Admission to Highly Selective Private Colleges
Leadership positions in the U.S. are disproportionately held by graduates of a few highly selective private colleges.
Productivity Variation and Input Misallocation: Evidence from Hospitals
There are widespread differences in total factor productivity across producers in the U.S. and around the world.
The New Economics of Industrial Policy
We discuss the considerable literature that has developed in recent years providing rigorous evidence on how industrial policies work.
The Reversal Problem: Development Going Backwards
The Covid-19 pandemic triggered the most synchronous economic downturn in more than a century.
Here’s How Scared of China You Should Be
It all depends on the answers to these five questions.
Get smart & reliable public policy insights right in your inbox.