Do the Laws of Tax Incidence Hold? Erich Muehlegger, September, 2013, Paper. "The canonical theory of taxation holds that the incidence of…
Unpacking the Multiplier: Making Sense of Recent Assessments of Fiscal Stimulus Policy. Stephen Marglin, September 2013, Paper. "In what…
Brazil's Enigma: Sustaining Long-Term Growth. Laura Alfaro, September 2013, Case. "Over the past decade, Brazil's future as a leading world…
Shifts in U.S. Federal Reserve Goals and Tactics for Monetary Policy: A Role for Penitence? Julio J. Rotemberg, Fall 2013, Paper. "This…
Is Democratic Regulation of High Finance Possible? Matthew Desmond, September 2013, Paper. "Cristie Ford’s paper is about the strengths and…
The End of the Emerging-Market Party. Ricardo Hausmann, August 30, 2013, Opinion. "Enthusiasm for emerging markets has been evaporating…
Fiscal Devaluations. Emmanuel Farhi, Gita Gopinath, August 29, 2013, Paper. "We show that even when the exchange rate cannot be devalued, a…
US Interest Rates Will Continue to Rise. Martin Feldstein, August 28, 2013, Opinion. "Six months ago, I wrote that long-term interest rates…
/centers/mrcbg/programs/growthpolicy/model-safe-asset-mechanism-sam-safety-traps-and-economic-policy
A Model of the Safe Asset Mechanism (SAM): Safety Traps and Economic Policy. Emmanuel Farhi, August 22, 2013, Paper. "The global economy…
Network Effects in Countries' Adoption of IFRS. Karthik Ramanna, August 22, 2013, Paper. "If the differences in accounting standards across…