Climate change: Uncertainty no excuse for inaction
January 9, 2019
Forecasts are highly uncertain, and that argues for quicker, more aggressive policy intervention
Lisa Cook interview: On invention gaps, hate-related violence, discrimination, and more
December 11, 2018
“This has to be a broader, more diverse field just for it to save itself, just for it to continue and remain vibrant.”
Killer robots? Not so much
October 5, 2018
The death of jobs has been grossly exaggerated, at least in Germany, where robots are plentiful. The story on wages, however, is less promising
United we fall?
December 3, 2018
When governments relinquish power over monetary policy, they’re more likely to default on foreign loans. And lenders know it
College financial aid: Equity and efficiency
October 18, 2018
Targeting financial aid to those who need it most could boost the nation’s economy
Growth, disease, and the personal touch
November 30, 2018
Social connections lead to higher economic growth through technology diffusion. But networks also spread pathogens, with opposite effect
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
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
Meeting expectations: On self-fulfilling debt dilution
August 30, 2018
In global credit markets, lender beliefs shape government behavior, potentially rendering ineffective a popular debt crisis “solution”
Race, and the race between stocks and homes
July 31, 2018
Black-white economic inequality remains large and persistent, and recent wealth inequality trends for all Americans are explained by assets, not income
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
