America Is Suffering From a Resolve Gap
What Washington should do when its opponents prove more determined to get their way
Research
Redesigning Federal Student Aid in Sub-Baccalaureate Education
We study the equilibrium impact of student aid design in the United States market for sub-baccalaureate higher education.
Why Supporting Ukraine Enhances US National Security
While the United States has valid reasons to avoid a direct confrontation with Russia, supporting Ukraine’s war effort should be a top foreign-policy priority.
Help for the Heartland? The Employment and Electoral Effects of the Trump Tariffs in the United States
We study the economic and political consequences of the 2018-2019 trade war between the United States, China and other US trade partners at the detailed geographic level, exploiting measures of local
Using Satellite Imagery to Detect the Impacts of New Highways: An Application to India
This paper integrates daytime and nighttime satellite imagery into a spatial general-equilibrium model to evaluate the returns to investments in new motorways.
The Mismeasurement of Work Time: Implications for Wage Discrimination and Inequality
Comparing measures of work time in the recall CPS-ASEC data with contemporaneous measures reveals many logical inconsistencies and probable errors.
Risks in Renaissance Art: Production, Purchase, and Reception
This Element represents the first systematic study of the risks borne by those who produced, commissioned, and purchased art, across Renaissance Europe.
Homeward Bound: How Migrants Seek Out Familiar Climates
This paper introduces the concept of “climate matching” as a driver of migration and establishes several new results.
Another Trump Presidency Won’t Much Change U.S. Foreign Policy
The world’s fears are mostly exaggerated
On the design of effective sanctions: the case of bans on exports to russia
We build on Baqaee and Farhi (2019, 2021) and derive a theoretically-grounded criterion that allows targeting bans on exports to a sanctioned country at the level of ~5000 6-digit HS products.
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