Progress on a persistent puzzle
August 6, 2019
Why do exchange rates fluctuate as they do? Basic commodity prices may hold part of the answer to a long-standing mystery
William “Sandy” Darity Jr. interview: “If you think something’s the right thing to do, then you pursue it.”
June 3, 2019
His recent focus has been on reparations for African Americans, but his scholarship spans decades and ranges from imperialism to psychology, from “price-specie flow” to rational expectations
Older but wiser, so less of a tax burden
June 11, 2019
Increasing college attainment mitigates the labor tax cost of caring for an aging population
The good old days? In many ways, yes
March 25, 2019
Less-educated Americans born in the 1960s fare much worse than those born 20 years earlier due to wage changes, shorter life expectancy, and higher medical costs
Coping with volatile labor markets
March 4, 2019
There are high costs to not optimally adjusting government policy to deal with earnings volatility
Ten troublesome blockchain terms: What’s accurate, what’s not?
February 22, 2019
A deep dive into blockchain verbiage to bring clarity to this evolving worldwide discussion
Interviews
Interview with Philip Jefferson
September 12, 2018
Swarthmore economist on poverty, declining labor share, and the importance of racial diversity in economics
Interview with Marianne Bertrand
June 19, 2018
University of Chicago economist on the glass ceiling, implications of growing inequality and the trouble with boys
Featured Articles
Sweat equity: Intangible, valuable, and tax-sensitive
August 22, 2018
The value of a business owner’s time is substantial, according to new estimates, and highly sensitive to taxes
First Women in Macro Conference
June 27, 2018
Three Minneapolis Fed economists on a groundbreaking meeting
Research Digest
In the gig economy, reputation counts
February 6, 2019
An online labor market yields important insights into worker reliance on employer reputation
Climate change: Uncertainty no excuse for inaction
January 9, 2019
Forecasts are highly uncertain, and that argues for quicker, more aggressive policy intervention
Trading places
September 26, 2018
Viewing location as an asset helps explain why people live in locales with poor prospects and argues for development policy that focuses on people, not places
Economic Policy Papers
Reforming the European Monetary Union
May 8, 2017
The lack of policy commitment that led to the EMU also created its challenges. Addressing those challenges, not dissolving the Union, is the way forward
Container Imports and the Advantage of Size
March 20, 2017
Large retailers have used the scale economies of shipping containers to expand sales and imports
The Great Recession: A Macroeconomic Earthquake
February 7, 2017
Why it happened, endured and wasn’t foreseen. And how it’s changing theory
Insuring Against Adverse Outcomes at Birth
December 1, 2016
Policy should focus on the insurance motives of parents
Innovation and Growth with Frictions
November 1, 2016
Monetary policy that provides sound banking and sound money can spur growth through innovation
