Social Policy-Making for the Long Term. Peter A. Hall, April 2015, Opinion. "Dismantling the Welfare State is a classic work, as fresh…
Who Neglects Risk? Investor Experience and the Credit Boom. Samuel G. Hanson, Adi Sunderam, April 2015, Paper. "Many argue that…
Does Evasion Break the Law of Tax Incidence? Point of Collection and the Pass-through of State Diesel Taxes. Erich Muehlegger, April 2015,…
From Financial Repression to External Distress: The Case of Venezuela. Carmen Reinhart, April 2015, Paper. "The literature on external…
High public debt often produces the drama of default and restructuring. But debt is
also reduced through financial repression (FR), a tax…
We document the link between increased levels of economic and policy uncertainty and unemployment at the state-level during the 2007-2009…
Germans cannot agree to unlimited bailouts of euro members. On the other hand, if they had insisted on the founding principles (fiscal…
The Fed Needs to Step Up Its Pace of Rate Increases. Martin Feldstein, March 30, 2015, Opinion. "The Federal Reserve now faces the…
A Window on China’s New Normal. Martin Feldstein, March 27, 2015, Opinion. "Every year at this time, China’s government organizes a major…
The End of a Cycle in Latin America and its Associated Risks. Laura Alfaro, Carmen Reinhart, March 26, 2015, Opinion, "Latin America is no…