Suppressed prices in real-time markets provide inadequate incentives for both generation investment and active participation by demand…
At the beginning of the twentieth century Venezuela had one of the poorest economies in Latin America, but by 1970 it had become the…
Book abstract: At the beginning of the twentieth century Venezuela had one of the poorest economies in Latin America, but by 1970 it had…
Book abstract: At the beginning of the twentieth century Venezuela had one of the poorest economies in Latin America, but by 1970 it had…
Reputational Contagion and Optimal Regulatory Forbearance. Lucy White, August 30, 2013, Paper. "Existing studies suggest that systemic…
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…