In a series of reports and meetings in Spring 2011, intelligence analysts and officials debated the chances that Osama bin Laden was living…
Benefit-cost analysis (BCA), a discipline best known for guiding policy choices, can also guide personal decisions. In either application,…
The literature on external default has stressed the existence of the so-Âcalled debtÂ-intolerance puzzle: developing nations tend to…
Jeffrey Frankel
Professor, Harvard University’s Kennedy School of Government
Jeffrey A. Frankel is James W. Harpel Professor of Capital…
In recent years, a widespread consensus has emerged about the necessity of establishing bridges between quantitative and qualitative…
In both advanced and emerging economies, policymakers,
academics, and the financial community were still trying to make
sense of the…
High public debt often produces the drama of default and restructuring. But debt is
also reduced through financial repression (FR), a tax…
In the wake of the Great Recession, policymakers and academics have expressed concerns about rising employer skill requirements. Using a…
We document the link between increased levels of economic and policy uncertainty and unemployment at the state-level during the 2007-2009…
Germans cannot agree to unlimited bailouts of euro members. On the other hand, if they had insisted on the founding principles (fiscal…