Deep-seated, persistent uncertainty is a pernicious feature of climate change. One key parameter, equilibrium climate sensitivity, has…
The point of departure for the study of the impact of energy and environmental policies is the neo-classical theory of economic growth…
This article is based on the author's Homer Jones Memorial Lecture delivered at the Federal Reserve Bank of St. Louis, April 6, 2016.
Two big questions look somewhat different than they did 10 or 20 years ago. First: would the long-term trend of globalization continue?…
This paper presents the first-ever comprehensive estimate of the total economic value of the National Parks Service. The estimate covers…
Workers respond to the output choices of their peers. What explains this well documented phenomenon of peer effects? Do workers value…
Levy Yeyati and Sturzenegger (2001, 2003, 2005) proposed an exchange
rate regime classification based on cluster analysis to group…