We analyze linear models with a single endogenous regressor in the presence of many instrumental variables. We weaken a key assumption…
In this paper, we provide new evidence regarding the pass-through of diesel and gasoline
taxes to prices, and how the estimated pass-…
Informal payments are a frequently overlooked source of local public finance in developing countries. We use microdata from ten countries…
Emissions of greenhouse gases linked with global climate change are affected by diverse aspects of economic activity, including individual…
The 2010 BP Deepwater Horizon oil spill posed near-term economic risks to the Gulf of Mexico region and raised questions about appropriate…
In his celebrated essay “The Quagmire Myth and the Stalemate Machine”, published in 1972, Daniel Ellsberg drew out the lesson regarding the…
Three years have passed since the financial crisis of 2008, and unemployment rates remain painfully high. As of August 2011, America…
Economic activity can damage natural systems and reduce the flow of ecosystem services. The harms can be substantial, as our case studies…
The 2011 Technical Panel on Assumptions and Methods was convened by the Social Security
Advisory Board in September 2010 to review the…