The Journal of Economic Perspectives, Vol. 33, No. 2 (Spring 2019), pp. 89-114 (26 pages) This paper takes stock of what we have learned from the "Renaissance" in fiscal research in the ten years ...
The American public is broadly critical of the power held by major corporations in the United States and the profits made by business corporations. Nearly three-quarters of U.S. adults (73%) say major ...
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A hot economy eventually boosts inflation. Such is the simple wisdom of the Phillips curve. Yet inflation across developed countries has been remarkably weak since the 2008 global financial crisis, ...
We study the long-term impact of climate change on economic activity across countries, using a stochastic growth model where labor productivity is affected by country-specific climate ...
IN 1970 GEORGE AKERLOF penned one of the most famous papers in economics. “The market for lemons” shows how, in markets where sellers know more than buyers, trade can dry up. His example is not fruit ...
Economic inequality has increasingly become a part of the U.S. national political conversation. We conducted this study to further understand how Americans feel about this issue and how those views ...