Interviews

Interview with Gita Gopinath

Douglas Clement December 20, 2016

Harvard economist on the dollar’s unique status, crises & productivity, and policy spillover to emerging markets

Interview with David Autor

Douglas Clement September 7, 2016

MIT economist on tech, trade & job markets, how Chinese imports affect U.S. politics & family structure, and the Janus-faced gig economy

Featured Articles

Abandoning a Currency Peg

Douglas Clement and Solomon Polansky October 4, 2016

Fear of future loss can convince central banks to loosen a fixed exchange rate

The Costs of Monopoly: A New View

James A. Schmitz, Jr. July 12, 2016

Contrary to conventional wisdom, monopolies inflict substantial economic harm, particularly on the poor

Research Digest

A Post-Brexit Prescription

Ann Harrington July 11, 2017

Investment opportunities outside the EU could offset losses from breakup

Right-Sizing a Financial Safety Net

Ann Harrington February 3, 2017

With shadow banks garnering a larger share of financial assets, should investor protections be expanded?

Paying for Retirement: A Global Template

Ann Harrington October 19, 2016

Key changes to a mandatory saving-for-retirement plan could smooth a transition for retirees and workers

Economic Policy Papers

Reforming the European Monetary Union

V. V. Chari, Alessandro Dovis, and Patrick J. Kehoe 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

Thomas J. Holmes and Ethan Singer March 20, 2017

Large retailers have used the scale economies of shipping containers to expand sales and imports

The Great Recession: A Macroeconomic Earthquake

Lawrence J. Christiano February 7, 2017

Why it happened, endured and wasn’t foreseen. And how it’s changing theory

Insuring Against Adverse Outcomes at Birth

Christopher Phelan December 1, 2016

Policy should focus on the insurance motives of parents

Innovation and Growth with Frictions

Randall Wright November 1, 2016

Monetary policy that provides sound banking and sound money can spur growth through innovation