
The Recent Decline in the United States’ Net Foreign Asset Position
By Andrew Atkeson Since the early 1980’s, the residents…

Designing Disclosure for an Inattentive Audience
By Alex Bloedel Having good information is key to making…

The Long-Term Consequences of Slum Clearance on Children
By Fernanda Rojas Ampuero More than 25% of the world’s…

The Economic Cost of OPEC’s Control of Global Oil
By John Asker OPEC, the global cartel of oil producing…

Aging Population and Aging Firms
By Hugo Hopenhayn During the last 40 years, the US economy…

Technology Transfer and Early Industrial Development: Evidence from the Sino-Soviet Alliance
By Michela Giorcelli and Bo Li The importance of international…

Droughts, Deluges, and (River) Diversions: Valuing Market-Based Water Reallocation
Climate change will continue to amplify water scarcity and…

Restorative Justice and Recidivism: Evidence from the Make-it-Right Program
The United States criminal justice policy has historically…

Market power in rural labor markets
There are increasing worries about rising `market power’…

Enforcing Wealth Taxes in the Developing World: Quasi-Experimental Evidence from Colombia
The rise in income and wealth inequality has spurred a renewed…