This paper studies external sovereign bonds as an asset class. We compile a new database of 220,000 monthly prices of foreign-currency…
Financial Stability in Abnormal Times. Kenneth Rogoff, February 5, 2019, Opinion, "Despite improvements in the financial system since…
The next financial crisis may come soon – are we all that safe? Kenneth Rogoff, February 5, 2019, Opinion, "A decade on from the 2008…
Trend, Seasonal, and Sectoral Inflation in the Euro Area. James Stock, January 27, 2019, Paper, "An unobserved components model with…
Who’s Afraid of Budget Deficits? Jason Furman, Lawrence Summers, January 27, 2019, Opinion, "The United States’ annual budget deficit is…
Do Tax Cuts Produce More Einsteins? The Impact of Financial Incentives vs. Exposure to Innovation on the Supply of Inventors. Raj…
From the costs of delayed Coast Guard inspections to the responsibility that we bear as citizens, Harvard Kennedy School faculty share…
The Euro’s First 20 Years. Jeffrey Frankel, January 25, 2019, Opinion, "According to public opinion polls, 20 years after its…
Corporate Debt, Firm Size and Financial Fragility in Emerging Markets. Laura Alfaro, January 2019, Paper, "The post-Global Financial…
Rogoff Says World Lacks an `A-Team' to Deal With a New Financial Crisis. Kenneth Rogoff, January 23, 2019, Video, "Harvard Professor…