The Dual-Purpose Playbook
Corporations are being pushed to dial down their single-minded pursuit of financial gain and pay closer attention to their impact on employees, customers, communities, and the environment.
Research
Development Incentives That Make Sense
The lesson from New York City's experience with Amazon: There are smarter ways to attract businesses than just dangling tax breaks.
Money, Millennials and Human Rights: Sustaining ‘Sustainable Investing’
The first part of this paper examines the rise and current state of environmental, social and governance (ESG) investing. The second addresses the conceptual and statistical weakness of the S domain.
The Bus System of the Future
Indianapolis is rethinking its approach, seeking new efficiencies that will better serve those from disadvantaged communities.
Should the Fed Be Constrained?
Two distinct questions are of interest. (1) To what extent should the central bank be constrained, versus being allowed full discretion?
Managerial Control and Executive Compensation
This article analyzes the trajectory and causes of the explosion of American corporate CEOs’ compensation relative to that of average workers between 1958 and 2017.
Trade Strategy, Development, and the Future of the Global Trade Regime
Meeting Globalization’s Challenges draws on new research to examine the channels through which international trade and the diffusion of technology have enhanced the wealth of nations while also produc
Cost Pass-Through to Higher Ethanol Blends at the Pump: Evidence from Minnesota Gas Station Data
We examine the pass-through of wholesale prices to retail prices in the market for E85, which contains 51%–83% ethanol, and in the much larger market for E10, which contains 10% ethanol.
Understanding Regional Export Growth in China
In this paper, we use disaggregated data on regional trade in China to assess the channels through which the country's exports have surged.
Independent Taxation, Horizontal Equity, and Return-Free Filing
Switching from joint to independent taxation of spouses in married couples would reduce marginal tax rates on secondary earners, make the tax system marriage neutral, and facilitate return-free filing
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