We study international capital flows across 200 years. A major novelty is our analysis on official flows (government-to-government lending…
Information provided to Congress about the economic and budgetary effects of proposed legislation could be expanded and improved if further…
The Resilient Society by Markus Brunnermeier is a creative, wide-ranging book that aims and often succeeds at providing a new perspective…
Wyoming is facing two distinct labor market challenges: in the short-term, low workforce availability is a constraint while in the long-…
Martin L. Weitzman was a Professor at the Harvard Department of Economics from 1989 until 2018 when he took on emeritus status as a…
This paper develops a novel method to identify the causal contribution of managers to team performance. The method requires repeated random…
Martin Wolf begins The Crisis of Democratic Capitalism by observing: “As the Cold War ended, in 1989, many agreed … that the Western…
We study sovereign external debt crises over the past 200 years, with a focus on creditor losses, or “haircuts”. Our sample covers 327…
This paper investigates the economic and social consequences of sovereign default on external debt. We focus on the crises’ impact on real…
We study newsworthiness in theory and practice. We focus on situations in which a news outlet observes the realization of a state of the…