We examine the pass-through of wholesale prices to retail prices in the market for E85, which contains 51%–83% ethanol, and in the much…
Following the crisis of 2008, several central banks engaged in a new experiment by setting negative policy rates. Using aggregate and bank…
The Paris Agreement to the United Nations Framework Convention on Climate Change has achieved one of two key necessary conditions for…
We review the evidence that artificial intelligence (AI) is having a large effect on the economy. Across a variety of statistics—including…
In this paper, we use disaggregated data on regional trade in China to assess the channels through which the country's exports have surged…
Switching from joint to independent taxation of spouses in married couples would reduce marginal tax rates on secondary earners, make the…
Whether man-made or naturally occurring, large-scale disasters can cause fatalities and injuries, devastate property and communities,…
Organized wholesale electricity markets in the United States follow the principles of bid-based, security-constrained, economic dispatch…
This publication shows how public–private partnerships (PPPS) can be effective to meet Asia’s growing infrastructure needs.
It shows how…
When George HW Bush was laid to rest last week, the encomiums appropriately remarked on his general decency and competence, which tended to…