This paper explores the interactions between state and society in rural India within a major community-based development program. We use…
This paper explores the nature and drivers of inequality in Chile. It is a companion paper to Lecaros et al (2023) that analyzed the…
We begin by examining determinants of aggregate foreign exchange reserve holdings by central banks (size of issuing country’s economy and…
Exploiting a new global macro-historical database of effective tax rates, we uncover an intriguing pro-tax-capacity effect of international…
Decades of low inflation led to widespread use of dollar-denominated financial instruments with fixed interest rates and long maturities.…
We discuss the considerable literature that has developed in recent years providing rigorous evidence on how industrial policies work. This…
Designing public transport networks involves tradeoffs between extensive geographic coverage, frequent service on each route, and relying…
Written for a PIIE conference on the 50th anniversary of floating exchange rates, this paper deals with possible alternatives to a unipolar…
We propose a model to study when an intermediate action can serve as a stepping stone that enables the elimination of a harmful norm. While…
We are today in the midst of a transition away from what has come to be called “neoliberalism,” with much uncertainty about what will…