The emerging pledge and review approach to international climate policy provides countries with substantial discretion in how they craft…
Recollection bias is a phenomenon whereby people, after observing a highly unexpected event, hold current risk beliefs about a similar…
Climate science initially aspired to improve understanding of what the future would bring, and thereby produce appropriate public policies…
The paper reviews an event of 30 years ago from the perspective of today: a successful G-5 initiative to reverse what had been a…
This paper studies sovereign debt relief in a long-term perspective. We quantify the relief achieved through default and restructuring in…
Inadequate policy surveillance has undermined the effectiveness of multilateral climate agreements. To
illustrate an alternative approach…
Two hostesses are rivals in a popularity contest throughout the social season. When they hold soirees on the same night invitees must…
In a series of reports and meetings in Spring 2011, intelligence analysts and officials debated the chances that Osama bin Laden was living…
In both advanced and emerging economies, policymakers,
academics, and the financial community were still trying to make
sense of the…
This paper explores the menu of options for renormalizing public debt levels relative to nominal activity in the long run, should…