This Working Paper challenges two widely held views: first that trade performance has been the primary reason for the declining share of…
Massive dollars shuttled back and forth among firms on the twisted path to and passage of the 2017 tax reform. Prices of individual stocks…
In the cyber arena, the same technologies that are creating unprecedented benefits for billions are also democratizing destruction. Graham…
Donald Trump’s big choice at Davos. Lawrence Summers, January 21, 2018, Opinion, "Donald Trump will be attending this year’s World Economic…
Trade Invoicing, Bank Funding, and Central Bank Reserve Holdings. Gita Gopinath, Jeremy Stein, 2018, Paper, "In recent work (Gopinath…
US economy is in great shape, but very fragile. Martin Feldstein, January 19, 2018, Video, "In a sea of bulls, one bear has emerged:…
The Right Question About Inequality and Growth. Jason Furman, January 19, 2018, Opinion, "The relationship between inequality and growth…
We study an economy where intermediaries facilitate exchange between a supplier and consumers. The set of feasible transactions is…
To improve global health, tax the things that are killing us. Lawrence Summers, January 18, 2018, Opinion, "Please use the sharing tools…
January 2018. GrowthPolicy’s Devjani Roy interviewed Professor Mihir Desai, Mizuho Financial Group Professor of Finance at Harvard Business…