Inflation was quite predictably an outcome of the policies that were being pursued.
The clash between the Western and Chinese economic systems is threatening the world trading system, with countries increasingly using trade…
Many Americans are persuaded that trade agreements of the last 40 years have been a costly mistake. To be sure, open markets leave some…
This contribution surveys significant contributions technological innovations have made to humans' economic and material welfare, the…
This special issue is a reminder that the world lost a truly remarkable scholar when Martin Weitzman sadly passed away in 2019. Across five…
There have been important methodological changes in the Consumer Price Index (CPI) over time. These distort comparisons of inflation from…
We study how the recent run-up in housing and rental prices affects the outlook for inflation in the USA. Housing held down the overall…
The Federal Reserve seeks to cool an overheated US labor market to ease wage hikes and reduce job vacancies, without a painful spike in…
This paper uses historical labor market data to assess the plausibility that the Federal Reserve can engineer a soft landing for the…
Since the outset of the Covid-19 pandemic, labor market indicators that traditionally move together have been sending different signals…