The prices of hydrocarbons, minerals, and agricultural commodities have been on a veritable roller coaster. While commodity prices are…
It is striking how often countries that are
rich with oil, minerals or fertile land have
failed to grow more rapidly than those without.…
All of a sudden, the renminbi is being touted as the next big international currency. Just in the last year or two, the Chinese currency…
Do Powerful Politicians Cause Corporate Downsizing. Lauren Cohen, Joshua Coval, Christopher J. Malloy, October 7, 2011, Paper. "…
Just in the last year or two, the Chinese currency has begun to internationalize along a number of dimensions. A RMB bond market has grown…
In this paper, we provide new evidence regarding the pass-through of diesel and gasoline
taxes to prices, and how the estimated pass-…
Informal payments are a frequently overlooked source of local public finance in developing countries. We use microdata from ten countries…
Book abstract: Countries with an abundance of natural resources, many of which are in sub-Saharan Africa, often show a record of relatively…
Limits of Monetary Policy in Theory and Practice. Carmen Reinhart, October 2011, Paper. "The view that modest alterations to monetary…
Last Thursday, the president urged Congress to pony up roughly $200 billion in taxpayer money to "provide more jobs for teachers [and] more…