Social Protection in the Developing World
Social protection programs have become increasingly widespread in low- and middle-income countries, with their own distinct characteristics to match the environments in which they are operating.
Research
Martin Weitzman: A Gift That Keeps on Giving
This special issue is a reminder that the world lost a truly remarkable scholar when Martin Weitzman sadly passed away in 2019.
The Social Costs of Sovereign Default
This paper estimates the costs of sovereign defaults to a broader extent than has been done in the literature.
Edward Cunningham: What is the future of China’s private sector?
CHINA’S PRIVATE SECTOR is often summed up with a combination of four numbers: 60/70/80/90.
Why Commodity Prices Are Likely to Fall Further
Real interest rates appear to be on a firm upward trend, because nominal interest rates will rise and inflation will fall.
How Partisanship in Cities Influences Housing Policy
Housing policy is one of the most important areas of local politics.
The Coming Rise in Residential Inflation
We study how the recent run-up in housing and rental prices affects the outlook for inflation in the USA. Housing held down the overall inflation in 2021.
Comparing Past and Present Inflation
There have been important methodological changes in the Consumer Price Index (CPI) over time.
The Aftermath of Debt Surges
Debt in emerging markets and developing economies is at its highest level in half a century.
Bad news for the Fed from the Beveridge space
The Federal Reserve seeks to cool an overheated US labor market to ease wage hikes and reduce job vacancies, without a painful spike in unemployment.
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