For the last two centuries, great powers have fiercely competed to set the technical standards for leading technologies. By imposing their…
Unemployment is low and inflation is falling, but consumer sentiment remains depressed. This has confounded economists, who historically…
We study the equilibrium impact of student aid design in the United States market for sub-baccalaureate higher education. Using novel…
This paper introduces the concept of “climate matching” as a driver of migration and establishes several new results. First, we show that…
We report estimates from the Penn Wharton Budget Model (PWBM) that exempting employment-based green cards from statutory limits for…
This paper introduces the concept of “climate matching” as a driver of migration and establishes several new results. First, we show that…
The outlook for federal debt represents a significant economic challenge for the United States. Economic developments and policy changes…
The global economy is projected to expand 3.0 percent in 2023 and 2.8 percent in 2024, a slower pace than the 3.4 percent rate in 2022.…
After growing 3.4 percent in 2022, the global economy is projected to expand 3 percent in 2023 and 2.8 percent in 2024. A soft landing in…
Fertilizer is critical to agricultural supply chains, but its use results in downstream externalities in the form of aquatic hypoxic zones…