In this paper, we focus on recorded music gifts during the holiday season and estimate the reduction in deadweight loss due to the…
The recent stock-market correction—the first in the U.S. in two years—has invited substantial commentary about what investors should do,…
Recent medical literature suggests that vitamin D supplementation protects against acute respiratory tract infection. Humans exposed to…
There is an unmet need for greater investment in preparedness against major epidemics and pandemics. The arguments in favour of such…
A central authority possessing tax and expenditure responsibilities can readily provide an efficient level of a public good. Absent a…
For EMF 32, we applied a new version of our Intertemporal General Equilibrium Model (IGEM) based on the North American Industry…
Nation 1 is seeking to join the nuclear club. Nation 2, its enemy, would like to prevent this, and has the potential to destroy 1’s bomb-…
Excess prices for drugs in the U.S. is a persistently vexing policy problem. While there is agreement among most policy analysts that supra…
The power of Pan-Africanism as a guiding vision for the continent’s development is widely studied, mostly as an aspirational phenomenon. At…
This Working Paper challenges two widely held views: first that trade performance has been the primary reason for the declining share of…