How Far Goods Travel: Global Transport and Supply Chains from 1965–2020

[Symposium: Supply Chains]

By Sharat Ganapati and Woan Foong Wong

Journal of Economic Perspectives, Summer 2023

This paper considers the evolution of global transportation usage over the past half century and its implications for supply chains. Transportation usage has more than doubled as costs decreased by a third. Participation of emerging economies in world tra...

The Changing Firm and Country Boundaries of US Manufacturers in Global Value Chains

[Symposium: Supply Chains]

By Teresa C. Fort

Journal of Economic Perspectives, Summer 2023

This paper documents how US firms organize goods production across firm and country boundaries. Most US firms that perform physical transformation tasks in-house using foreign manufacturing plants in 2007 also own US manufacturing plants; moreover, manu...

Global Value Chains in Developing Countries: A Relational Perspective from Coffee and Garments

[Symposium: Supply Chains]

By Laura Boudreau, Julia Cajal-Grossi, and Rocco Macchiavello

Journal of Economic Perspectives, Summer 2023

There is a consensus that global value chains have aided developing countries' growth. This essay highlights the governance complexities arising from participating in such chains, drawing from lessons we have learned conducting research in the coffee and ...

Are Developed Countries Outsourcing Pollution?

[Symposium: International Dimensions of Climate Change Policy]

By Arik Levinson

Journal of Economic Perspectives, Summer 2023

Have rich countries improved their environments by importing polluting goods? No, the mix of goods imported has shifted towards those from cleaner industries, not dirtier. Has pollution worsened in poor countries manufacturing goods for export to rich one...

Banking supervision, reference class planning, and sports betting

[News]

July 13, 2023

Reading recommendations from Timothy Taylor, managing editor of the Journal of Economic Perspectives.

Real-Time Pricing and the Cost of Clean Power

By Imelda, Matthias Fripp, and Michael J. Roberts

American Economic Journal: Economic Policy

Solar and wind power are now cheaper than fossil fuels but are intermittent. The extra supply-side variability implies growing benefits of using real-time retail pricing (RTP). We evaluate the potential gains of RTP using a model that jointly solves inv...

Past Officers of the American Economic Association

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Report of the Committee on Government Relations

By Katharine G. Abraham

American Economic Review, May 2011

Report of the Committee on Government Relations

By Katherine G. Abraham

American Economic Review, May 2010

Staying beneath the death ceiling

[Research Highlight]

May 25, 2017

An interview with Raymond Fisman

Is There a Stable Relationship between Unemployment and Future Inflation?

By Terry Fitzgerald, Callum Jones, Mariano Kulish, and Juan Pablo Nicolini

American Economic Journal: Macroeconomics

Evaluating the stability of the Phillips curve using aggregate data is challenging, due to the bias that endogenous monetary policy imparts on estimated Phillips curve coefficients. We argue that regional data can be used to identify the structural rel...

Oversight Committee for Registry of Random Controlled Trials

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Transitional housing and recidivism

[Research Highlight]

July 21, 2023

Logan Lee discusses the impact of residential housing programs on reincarceration rates.

Halfway Home? Residential Housing and Reincarceration

By Logan M. Lee

American Economic Journal: Applied Economics, July 2023

Every year, hundreds of thousands of people are released from prison. For many, the transition back to society includes a mandatory stay in residential housing. I estimate the effect of residential housing on reincarceration using administrative data from...

AEA Awards Ceremony and Presidential Address

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U.S. Climate Policy: What is Needed to Reach the Paris Goals?

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AEA Distinguished Lecture

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U.S. Inflation: Outlook and Policy Response

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U.S. Monetary Policy for 2022

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AEA Nobel Laureate Address honoring the 2020 Nobel Laureates Paul R. Milgrom (Stanford University) and Robert B. Wilson (Stanford University)

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