Spencer G. Lyon

How to Even Out the Pains and Gains from International Trade

The idea of creating transfer schemes to compensate the losers from international trade yet still preserve some of the gains faces a myriad of...

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How Many Banks Are at Risk of Insolvency Right Now?

Given the recent banking turmoil and failure of SVB and Signature and issues in First Republic, it is important to understand the...

The Challenges of Regulating Disinformation

In response to rising concerns about political disinformation, governments have introduced a slew of interventions. Federico Vaccari warns in new research that...

India’s Evolving Industrial Policy Is Critical for Realizing Its Development Vision

Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s...

Can Twitter Be a Force for Good? Social Media Helps Curb Corporate Misconduct

Collective shaming on social media is crucial in reducing corporate misbehavior — and society would be significantly worse off without watchdog platforms.

The Historical Cost of Populism

Most work on populism has investigated the reasons why voters choose populist leaders and governments. In new research, Moritz Schularick,  Christoph Trebesch,...

Globalization’s Uneven Impact on Women’s Occupational Attainment

The literature on globalization’s impact on women’s workforce participation generally takes a positive outlook but still produces mixed results. In their research,...

Nobel Laureate Douglas Diamond on How the Fed Could Have Prevented SVB’s Collapse

Nobel Laureate and bank run expert Douglas Diamond argues that the Fed’s choice to signal long-term low interest rates, and then suddenly...