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We estimate the effect of television on fertility in Brazil, where soap operas portray small families. We exploit differences in the timing…
Financial stress is widely believed to cause health problems. However, policies seeking to relieve financial stress by limiting debt levels…
The possibility that the renminbi may soon join the ranks of international currencies has generated much excitement. This paper looks to…
The political fallout from Mitt Romney’s characterization of 47% of the American electorate as “victims” who are “dependent on government”…
After a patently sham trial, a Turkish court on Friday handed down lengthy jail sentences to more than 300 military officers convicted of…
Why do countries find it so hard to get their budget deficits under control? Systematic patterns in the errors that official budget…
Politicians, particularly Republican candidates, among them Mitt Romney and Paul Ryan, like to emphasize the importance of individual…
Since late 2010, the world has witnessed a remarkable groundswell of political change in Tunisia, Egypt, Libya, Yemen, Syria, and other…
The purpose of this essay has not been to provide China with a detailed list of all of the things that the country must do to maintain a…
Throughout history, major political and economic shocks have often occurred in August, when leaders have gone on vacation believing that…