Nuclear security in Russia has continued to evolve since the suspension of nearly all US–Russian nuclear-security cooperation in 2014, but…
Identification and Estimation of Dynamic Causal Effects in Macroeconomics Using External Instruments
External sources of as-if randomness — that is, external instruments — can be used to identify the dynamic causal effects of macroeconomic…
The global financial crisis has permanently lowered the path of GDP in all advanced economies. At the same time, and in response to rising…
Data from digital platforms have the potential to improve our understanding of gentrification, both by predicting gentrification and by…
I distinguish between political and economic populism. Both are averse to agencies of restraint, or, equivalently, delegation to…
This paper studies a model of intermediated exchange with liquidity-constrained traders. Intermediaries are embedded in a trading network…
This paper studies a model of intermediated exchange with liquidity-constrained traders. Intermediaries are embedded in a trading network…
This paper is a meta-analysis of the literature on capital controls that aims to solve (at least) four very serious apples-to-oranges…
Female labor force participation varies significantly even among countries with similar levels of economic development. Recent studies have…
In this tribute to the 2007 recipient of the winner of the Jeffrey Z. Rubin Theory-To-Practice Award from the International Association for…