Whereas winners tend to outnumber losers when trade is liberalized, raising tariffs normally has the opposite result. US President Donald…
Many two-sided matching situations involve multiperiod interaction. Traditional cooperative solutions, such as pairwise stability or the…
The purpose of this paper is twofold. The first aim of the paper is to organize historical growth accounts in a new way that highlights the…
Many companies are protecting themselves against “climate risk”—the damage they might suffer from heat waves, flooding, and other effects…
US President Donald Trump’s intended nominee for the US Federal Reserve Board, Stephen Moore, may end up doing whatever Trump wants,…
The Chinese government has repeatedly embraced a goal of developing and deploying electric vehicles (EVs) as it attempts to transition its…
We study the problem of allocating multiple items to two agents whose cardinal preferences are private information. If money is available,…
Economists have long employed hedonic wage analysis to estimate income-fatality risk trade-offs, but some scholars have raised concerns…
The Great Depression led to the Keynesian revolution and dramatic shifts in macroeconomic theory and macroeconomic policy. Similarly, the…
Washington should protect the future of the planet and the American economy.