Two big questions look somewhat different than they did 10 or 20 years ago. First: would the long-term trend of globalization continue?…
Investors worldwide are closely watching the steep decline in China’s stock market. The Shanghai Stock Exchange Composite Index is down…
This essay provides an overview of the major emissions trading programs of the past thirty years on which significant documentation exists…
It is tempting to view economic events in China through a single template: the view that they are driven by government intervention because…
What is the socially optimal level of liquidity in a retirement savings system?
Liquid retirement savings are desirable because liquidity…
America’s two political parties rarely agree, but one thing that unites them is their anger about ‘currency manipulation’, especially by…
Financial crises cast a long shadow on investment. For nine major Asian economies, average investment as a share of GDP declined sharply…
Data on 2,355 married women from the 2006 China Health and Nutrition Survey are used to study how female employment affects fertility in…