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While the GDP was intended by its originators as a measure of production, the absence of a measure of welfare in the national accounts has…
The US economy is doing well. But the next recession – and there is always another recession – could be very bad. The US Bureau of Economic…
US will lack fiscal space to respond when next recession comes. Jeffrey Frankel, August 28, 2018, Opinion, "The US economy is doing…
What Next for the US Stock Market? Martin Feldstein, August 28, 2018, Opinion, "August 22 marked the longest period of rising share prices…
The Depth of the Next US Recession. Jeffrey Frankel, August 27, 2018, Opinion, "Whatever the immediate trigger of the next US recession,…
Presidential Address: Pension Policy and the Financial System. David Scharfstein, August 24, 2018, Paper, "In this paper, I examine…
The Economic Costs of Erdoğan. Dani Rodrik, August 24, 2018, Opinion, "For more than a decade, financial markets gave Recep Tayyip Erdoğan…
Looking for Alternatives: Pension Investments around the World, 2008 to 2017. Victoria Ivashina, Josh Lerner, August 24, 2018, Paper…
Nicolás Maduro will not reverse Venezuela’s economic collapse. Ricardo Hausmann, August 23, 2018, Opinion, "When presenting his economic…