Options-Pricing Formula with Disaster Risk. Robert Barro, January 2016, Paper. "A new options-pricing formula applies to far-out-of-the…
Rare Events and Long-Run Risks. Robert Barro, January 2016, Paper. "Rare events (RE) and long-run risks (LRR) are complementary elements…
International Coordination. Jeffrey Frankel, January 2016, Paper. "After a 30-year absence, calls for international coordination of…
Positive and Normative Judgments Implicit in U.S. Tax Policy, and the Costs of Unequal Growth and Recessions. Matthew Weinzierl,…
Taxation, Corruption, and Growth. William Kerr, January 2016, Paper. "We build an endogenous growth model to analyze the relationships…
Extrapolation and Bubbles. Robin Greenwood, Andrei Shleifer, January 2016, Paper. "We present an extrapolative model of bubbles. In the…
Economy Faces 1 In 3 Chance Of Recession. Lawrence Summers, January 27, 2016, Audio. "With U.S. stocks off to a dismal start in 2016 and…
China’s Slowdown and the Chinese Stock Market. Jeffrey Frankel, January 27, 2016, Opinion. "The Shanghai Stock Exchange Composite Index has…
Globalization and Chinese Growth: Ends of Trends? Jeffrey Frankel, January 26, 2016, Paper. "Two big questions from 20 years ago look…
China’s Stock-Market Red Herring. Jeffrey Frankel, January 25, 2016, Opinion. "With the Shanghai Stock Exchange Composite Index down…