We develop a Bayesian latent factor model of the joint long-run evolution of GDP per capita for 113 countries over the 118 years from 1900…
Social protection programs have become increasingly widespread in low- and middle-income countries, with their own distinct characteristics…
September 1, 2022, Opinion: "Some earlier big run-ups in the US currency’s value, including in the mid-1980s and the early 2000s, were…
This paper estimates the costs of sovereign defaults to a broader extent than has been done in the literature. Applying the synthetic…
2022, Paper: "In a 2020 JAMA Viewpoint, Lawrence Summers and I guessed at the possible economic costs of long COVID.1 At the time, we…
Fatema Z. Sumar is the Executive Director of the Harvard Center for International Development (CID) and an Adjunct Lecturer in Public…
August 30, 2022, Opinion: "In a recent paper published with Olivier Blanchard in July 2022, we argued that the Fed’s hope to cool the labor…
August 30, 2022, Opinion: "Although US monetary policy was too aggressive for too long, the likely culprit behind the recent surge in…
August 26, 2022, Video: "Harvard's Jason Furman, former chair of the White House Council of Economic Advisers, joins CNBC's 'Squawk Box' to…