We discuss the considerable literature that has developed in recent years providing rigorous evidence on how industrial policies work. This…
August 14, 2023, Opinion: "However one does the analysis, the result is the same: the decline in inflation over the past year was largely…
August 14, 2023, Video: "This panel will focus on the dynamics of Singapore’s continued economic transition. In the first 50 years of…
August 13, 2023, Opinion: "As recently as 2022, most monetary economists expected interest rates to remain low indefinitely. While many…
The thread running through La Ferrara’s work is an unwillingness to limit herself to traditional microeconomic models where “prices and…
August 13, 2023, Opinion: "I am old — I turn 60 next year. So I don’t believe in Santa Claus. I don’t believe in the Tooth Fairy. And I am…
The Covid-19 pandemic triggered the most synchronous economic downturn in more than a century. Ninety percent of countries posted a decline…
2023, Paper: "We develop a model in which specialized bond investors must absorb shocks to the supply and demand for long-term bonds in two…
August 7, 2023, Opinion: "After 17 months of intense fighting, the costs of rebuilding Ukraine will most likely be far higher than…
August 4, 2023, Video: "Lawrence H. Summers, Former Treasury Secretary tells us why he's concerned about wage inflation potentially…