Experiences in real-world pollution markets suggest that firms make persistent errors in forecasting allowance and credit prices that…
Economists have for decades recommended that carbon dioxide and other greenhouse gases be taxed – or otherwise priced – to provide…
Past pandemic experience can affect health outcomes in future pandemics. This paper focuses on the last major influenza pandemic in 1968 (…
As governments, firms, and universities advance ambitious greenhouse gas emission goals, the demand for emission offsets – projects that…
The Infrastructure Investment and Jobs Act, the CHIPS and Science Act, and the Inflation Reduction Act authorized and appropriated…
There have been important methodological changes in the Consumer Price Index (CPI) over time. These distort comparisons of inflation from…
We study how the recent run-up in housing and rental prices affects the outlook for inflation in the USA. Housing held down the overall…
Debt in emerging markets and developing economies is at its highest level in half a century. In about 9 in 10 emerging markets and…
The Federal Reserve seeks to cool an overheated US labor market to ease wage hikes and reduce job vacancies, without a painful spike in…