Japan's Economic Prospects
Conventional wisdom suggests that after a spectacular economic performance during the 1970s and 1980s, Japan has endured two “lost decades” that have seen it slip from its status as a premier economy
Research
What Makes Annuitization More Appealing?
We conduct and analyze two large surveys of hypothetical annuitization choices.
Four Magic Tricks for Fiscal Conservatives
The United States is famous for its ability to innovate.
Sorry, U.S. Recoveries Really Aren’t Different
Five years after the onset of the 2007 subprime financial crisis, U.S. gross domestic product per capita remains below its initial level.
The Natural Resource Curse: A Survey of Diagnoses and Some Prescriptions
Book abstract: In the years following the global financial crisis, many low-income countries experienced rapid recovery and strong economic growth.
Internationalization of the RMB and Historical Precedents
The possibility that the renminbi may soon join the ranks of international currencies has generated much excitement.
The Truth Behind the Ryan Budget
As we head into the final weeks of the presidential election, the Romney campaign’s hopes remain fixed on the economy.
Why the UK Must Reverse its Economic Course
It is the mark of science and perhaps rational thought more generally to operate with a falsifiable understanding of how the world operates. And so it is fair to ask of the economists a fundamental q
Obama’s Short-Run Fixes Neglect Long-Term Reform
Should voters blame President Barack Obama for America’s current economic malaise? The Mitt Romney campaign, hard as it tries, will find it difficult to convince moderates that Obama completely misha
Over-Optimistic Official Forecasts in the Eurozone and Fiscal Rules
Why do countries find it so hard to get their budget deficits under control? Systematic patterns in the errors that official budget agencies make in their forecasts may play an important role.
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