While gold prices rise due to heightened geopolitical uncertainty, the US stock market is breaking records, and global demand for the…
Shipping has long been the invisible hand of world trade, propelling globalization and the growth of emerging economies. Ships move 90…
March 31, 2024, Paper: "This paper delves into the intricate relationship between ethics, social responsibility, and profitability in the…
We build on Baqaee and Farhi (2019, 2021) and derive a theoretically-grounded criterion that allows targeting bans on exports to a…
Understaffed and underfunded, the United States’ air-traffic control system is close to its breaking point. The main obstacle to reform is…
“I know I could get much more money from other jobs, but I came back to serve my country.” This sentiment echoed strongly among my…
We discuss the considerable literature that has developed in recent years providing rigorous evidence on how industrial policies work. This…
Reform committees (also known as reform councils) are institutional mechanisms or structures tasked with holding policy discussions…
This paper shows that China's lending boom to developing country sovereigns has largely ended and that debt distress and defaults are…
The global economy has witnessed great economic volatility in the first two decades of the 21st century. Yet over this period, and in…