We investigate whether leading indicators can help explain the cross-country incidence of the 2008–09 financial crisis. Rather than looking…
Any solution to the Eurozone crisis must meet two objectives. One is short run and the other is long run. Unfortunately they tend to…
I am very proud to receive an honorary degree from Jomo Kenyatta University of Agriculture and Technology (JKUAT). Being my first degree…
Almost three billion people around the world—or 4 out of every 10 individuals—are exposed to high levels of smoke each day from traditional…
We show that world trade network datasets contain empirical evidence that the dynamics of innovation in the world economy indeed follows…
Consider the following scenario. After a victory by the left-wing Syriza party, Greece’s new government announces that it wants to…
The clamour for the right to social pensions is another attempt to deal with the Indian state’s inability to provide adequate social…
Patronage systems in the public service are universally reviled as undemocratic and corrupt. Yet patronage was the prevailing method of…
The NBER International Seminar on Macroeconomics brings together leading American and European economists to discuss a broad range of…
During the five years from 2003 to 2007, global perceptions of risk were unusually low, as reflected in the market pricing of sovereign…