Do the Laws of Tax Incidence Hold? Erich Muehlegger, September, 2013, Paper. "The canonical theory of taxation holds that the incidence of…
Unpacking the Multiplier: Making Sense of Recent Assessments of Fiscal Stimulus Policy. Stephen Marglin, September 2013, Paper. "In what…
Brazil's Enigma: Sustaining Long-Term Growth. Laura Alfaro, September 2013, Case. "Over the past decade, Brazil's future as a leading world…
At the beginning of the twentieth century Venezuela had one of the poorest economies in Latin America, but by 1970 it had become the…
The End of the Emerging-Market Party. Ricardo Hausmann, August 30, 2013, Opinion. "Enthusiasm for emerging markets has been evaporating…
Fiscal Devaluations. Emmanuel Farhi, Gita Gopinath, August 29, 2013, Paper. "We show that even when the exchange rate cannot be devalued, a…
US Interest Rates Will Continue to Rise. Martin Feldstein, August 28, 2013, Opinion. "Six months ago, I wrote that long-term interest rates…
/centers/mrcbg/programs/growthpolicy/model-safe-asset-mechanism-sam-safety-traps-and-economic-policy
A Model of the Safe Asset Mechanism (SAM): Safety Traps and Economic Policy. Emmanuel Farhi, August 22, 2013, Paper. "The global economy…
Network Effects in Countries' Adoption of IFRS. Karthik Ramanna, August 22, 2013, Paper. "If the differences in accounting standards across…
Did Taxes Cause the Financial Crisis? Mark Roe, August 21, 2013, Opinion. "After the financial crisis erupted in 2008, many observers…