The prevalence of many urban phenomena changes systematically with population size. We propose a theory that unifies models of economic…
Demonetization on Five Continents. Jeffrey Frankel, December 22, 2016, Opinion, "Around the world, several countries are currently…
The Destructive Power of Inflation. Martin Feldstein, December 22, 2016, Opinion, "When I was in Argentina last week, I was reminded of the…
In collaboration with the Government of Bihar, India, we conducted a large-scale
experiment to evaluate whether transparency in fiscal…
Behavioral economic research has established that defaults, one form of nudge, powerfully influence choices. In most policy contexts, all…
‘Acting Wife’: Marriage Market Incentives and Labor Market Investments. Amanda Pallais, December 2016, Paper, "Do single women avoid career…
A Country Divided: The Growing Opportunity Gap in America. Robert Putnam, 2016, Paper, "Are the destinies of children from poor and wealthy…
Dominant Currency Paradigm. Gita Gopinath, December 2016, Paper, "Most trade is invoiced in very few currencies. Despite this, the Mundell-…
For decades, migration economics has stressed the effects of migration restrictions on income distribution in the host country. Recently…