Trade Prices and the Global Trade Collapse of 2008-09. Gita Gopinath,July 29, 2012, Paper. "We document the behavior of trade…
The world economy faces considerable uncertainty in the short term. Will the eurozone manage to sort out its problems and avert a breakup?…
The latest Iran sanctions came into full effect last week, adding to a byzantine array of unilateral and multilateral measures that…
We show that world trade network datasets contain empirical evidence that the dynamics of innovation in the world economy indeed follows…
Empirical Confirmation of Creative Destruction from World Trade Data. Ricardo Hausmann, June 18, 2012, Paper. "We show that world trade…
A paradox about globalization — that energetic, free-wheeling word to describe the shared experience of people, commerce, and ideas across…
Consider the following scenario. After a victory by the left-wing Syriza party, Greece’s new government announces that it wants to…
The NBER International Seminar on Macroeconomics brings together leading American and European economists to discuss a broad range of…
During the five years from 2003 to 2007, global perceptions of risk were unusually low, as reflected in the market pricing of sovereign…
Book abstract: When the 2008 housing market bubble burst in the United States, a financial crisis rippled from the epi-center in the United…