Legitimacy without the Duty to Obey
This article aims to make conceptual room for a view about political legitimacy called the power-liability account.
Research
The Natural Resources Trap: Private Investment Without Public Commitment
Volatility in commodity prices has been accompanied by perpetual renegotiation of contracts between private investors in natural resource production and the governments of states with mineral and ener
A Comparison of Monetary Anchor Options for Commodity-Exporters in Latin America and the Caribbean
Throughout, the history of the Latin America and Caribbean (LAC) region, natural resource wealth has been critical for its economies.
Are Leading Indicators of Financial Crises Useful for Assessing Country Vulnerability? Evidence from the 2008-09 Global Crisis
This paper investigates whether leading indicators can help explain the cross-country incidence of the 2008-09 financial crisis.
Diagnostics Before Prescription
Development economists should stop acting as categorical advocates (or detractors) for specific approaches to development.
Meaningful and Cost Effective Climate Policy: The Case for Cap and Trade
Addresses the questions of whether creating a market for greenhouse gas (GHG) reductions is a "cure worse than the disease itself" and offers a better understanding of the issues, the rhetoric, and th
What Causes Industry Agglomeration? Evidence from Coagglomeration Patterns
Why do firms cluster near one another? We test Marshall's theories of industrial agglomeration by examining which industries locate near one another, or coagglomerate.
Synthetic Control Methods for Comparative Case Studies: Estimating the Effect of California’s Tobacco Control Program
Building on an idea in Abadie and Gardeazabal (2003), this article investigates the application of synthetic control methods to comparative case studies.
Comments on Credibility, Commitment and Regulation,‘ by Dieter Helm
Book abstract: Volatility in commodity prices has been accompanied by perpetual renegotiation of contracts between private investors in natural resource production and the governments of states with m
The Varieties of Regional Change
Many metropolitan areas have experienced extreme boom-bust cycles over the past century.
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