Harvard economist Alberto Alesina passed away at 63. Paola Giuliano, UCLA professor and Alesina's co-author, recalls his intellectual and human legacy: "He shaped the...
The effects of reopening commercial and recreational activities depend not only on legislative provisions but also on the propensity of consumers to return to...
Princeton Professor Markus Brunnermeier and former IMF chief economist Olivier Blanchard discuss the impact of the current global health crisis on public finances and policy...
The global economy and financial markets are seriously hit by the coronavirus outbreak. Central banks can do something, but monetary policy is not enough. A fiscal stimulus might mitigate the impact, but the record-level outstanding amount of public and private debt adds additional risk to the current perfect storm. Â
A new study of World Bank data finds that aid disbursement to highly aid-dependent countries coincides with sharp increases in bank deposits in offshore...