Domestic policies with international consequences

[Research Highlight]

December 12, 2018

What drove post-World War II capital flows?

Assistant Professor

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What are the economic impacts of a warming Earth?

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Policymakers make wide-ranging assumptions when determining the social costs of climate change.

Geoffrey Williams on guns and the 1960s crime wave

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How did access to cheap guns affect the homicide rate?

American Academy of Political and Social Science Elects Five 2019 Fellows

[News]

December 18, 2018

Five distinguished scholars have been selected.

Assistant Professor of Economics

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Nudging consumers toward green practices

[Research Highlight]

December 03, 2018

Would a nickel tax on disposable bags be enough to change behavior?

Call for Papers for East Coast College Social Sciences Association Roundtable

[News]

December 19, 2018

The conference roundtable is scheduled for April 5-6, 2019.

Assistant Professor

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2019 RAND Summer Institute

[News]

December 21, 2018

The 26th Summer Institute will be held on July 8-11, 2019.

2018 in Research Highlights

[Research Highlight]

November 27, 2018

Economists tackled gender issues, education, globalization, and more.

The unequal burden of a gasoline tax

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Gasoline taxes reduce emissions. But is there a better way?

Labor Drops: Experimental Evidence on the Return to Additional Labor in Microenterprises

By Suresh de Mel, David McKenzie, and Christopher Woodruff

American Economic Journal: Applied Economics, January 2019

A field experiment in Sri Lanka provided wage subsidies to randomly chosen microenterprises to test whether hiring additional labor benefits such firms, and whether a short-term subsidy can have a lasting impact on firm employment. Using 12 rounds of surv...

Fiscal Austerity in Ambiguous Times

By Axelle Ferriere and Anastasios G. Karantounias

American Economic Journal: Macroeconomics, January 2019

This paper analyzes optimal fiscal policy with ambiguity aversion and endogenous government spending. We show that, without ambiguity, optimal surplus-to-output ratios are acyclical and that there is no rationale for either reduction or further accumulati...

When Is Foreign Exchange Intervention Effective? Evidence from 33 Countries

By Marcel Fratzscher, Oliver Gloede, Lukas Menkhoff, Lucio Sarno, and Tobias Stöhr

American Economic Journal: Macroeconomics, January 2019

This paper examines foreign exchange intervention based on novel daily data covering 33 countries from 1995 to 2011. We find that intervention is widely used and an effective policy tool, with a success rate in excess of 80 percent under some criteria. Th...

2019 Live Webcasts of Selected AEA Sessions

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U.S. Federal Reserve: Joint Interview

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Tax Policy and the Economy

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How Can Economics Solve Its Gender Problem?

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10th Anniversary of the Financial Crisis: Joint Interview

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