The power of Pan-Africanism as a guiding vision for the continent’s development is widely studied, mostly as an aspirational phenomenon. At…
Does Sustainable Investing Lead to Lower Returns? George Serafeim, January 25, 2018, Paper, "Taking into account the work that the…
Massive dollars shuttled back and forth among firms on the twisted path to and passage of the 2017 tax reform. Prices of individual stocks…
Trade Invoicing, Bank Funding, and Central Bank Reserve Holdings. Gita Gopinath, Jeremy Stein, 2018, Paper, "In recent work (Gopinath…
US economy is in great shape, but very fragile. Martin Feldstein, January 19, 2018, Video, "In a sea of bulls, one bear has emerged:…
We study an economy where intermediaries facilitate exchange between a supplier and consumers. The set of feasible transactions is…
Stocks Are Headed for a Fall. Martin Feldstein, January 16, 2018, Opinion, "Year after year, the stock market has roared ahead, driven by…
Behavioral Economics and Public Opinion. Cass Sunstein, January 2018, Paper, "On the basis of data from many nations, our forthcoming book…
In Defense of Economic Populism. Dani Rodrik, January 9, 2018, Opinion, "Populists’ aversion to institutional restraints extends to the…
Giddy Markets and Grim Politics. Kenneth Rogoff, January 8, 2018, Opinion, "Economists have endless debates about whether culture or…