It was good news that the economy added 2.5 million jobs last month. But we are still only one-tenth of the way to repairing the massive…
Official (government-to-government) lending is much larger than commonly known, often surpassing total private cross-border capital flows,…
This book provides the first comprehensive economic valuation of U.S. National Parks (including monuments, seashores, lakeshores,…
The falling projections of working-age population in China has led to predictions of much slower economic growth. We consider three…
There are few comprehensive studies of household consumption in China that covers all commodities due to data restrictions. This prevents…
The partial economic shutdown that began in mid-March 2020, along with additional nonpharmaceutical interventions (NPIs) such as social…
We decompose the decline in coal production from 2008 to 2016 into the contributions of several sources. In particular, we estimate the…
Countercyclical fiscal policy generally focuses on national economic downturns. But US states experience significantly different patterns…
Small samples negatively affect the quality of the information we use when making group-based estimates. Small samples have higher…
On the twentieth anniversary of its inception, the euro has yet to expand its role as an international currency. We document this fact with…