We discuss the considerable literature that has developed in recent years providing rigorous evidence on how industrial policies work. This…
Despite the confidence with which many analysts proclaim that a severe recession is inevitable, there is no reason to assume that the US…
Industrial policy has for a long time raised difficult questions for policymakers to unpick. What justifications are there for government…
Two-stage examinations consist of a first stage in which students work individually as they typically do in examinations (stage 1),…
This paper studies individual and social motives in tax evasion. We build a simple dynamic model that incorporates these motives and their…
Throughout history, economic ideology has swung from one end of the pendulum to the other, from the reification of markets to reliance on…
Designing public transport networks involves tradeoffs between extensive geographic coverage, frequent service on each route, and relying…
The United States’ debt-to-GDP ratio, which improved during the inflationary spike of 2021-22, is expected to increase as inflation cools…
Development debates frequently focus on making economic growth sustainable or ensuring that natural resources are used sustainably; such…
Written for a PIIE conference on the 50th anniversary of floating exchange rates, this paper deals with possible alternatives to a unipolar…