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Blog Post
July 10, 2017
The Financial Stability Board's long-awaited report finds that the number of active CBRs has declined by 6 percent since 2011 and has continued through 2016, affecting all regions and major international currencies. The analysis suggests that small economies are among the most affected by C...
Blog Post
July 10, 2017
The state of Rajasthan in north India has become the digital frontier, with a program that registers all family members under a single identity document known as the “Bhamashah Card,” but it still has to overcome significant challenges of poverty and inequality. In a state that is simila...
Blog Post
July 05, 2017
Each of the G20 summits of the past seven years has suffered in comparison with the London and Pittsburgh Summits of 2009, when the imperative of crisis response motivated leaders, finance ministers, and central bankers to coordinate effectively with each other. Subsequent summits have lacked the sa...
Blog Post
June 29, 2017
Even if there were a robust and credible negative impact on wages of non-Hispanic male natives without a high school degree from low skill migrant arrivals (which there isn’t), this would not justify limiting immigration as there are better instruments to achieve the same objectives, with much...
Blog Post
June 28, 2017
George Borjas has a 2015 paper on the Mariel boatlift experience arguing that, although the large and rapid influx of migrants did not affect average wages or low-skill wages, a small, demographically arbitrary, group experienced large negative wage impacts. In this blog post I want t...