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Title
Author(s)
Year
R. Douglas Arnold
2015
Social Security will be insolvent in 2033. If nothing is done, retirees will face an immediate 23% cut in their monthly benefits. The solvency cliff and its approximate date have been known for more than two decades. This paper examines why Congress has ...
2015
April, 2015 Culture Psychology Social and Behavioral Psychology Download File ...
Carles Boix
2015
Carles Boix April, 2015 in The Politics of Advanced Capitalism, eds. Pablo Beramendi, Silja Hausermann, Herbert Kitschelt, Hanspeter Kriesi (New York, Cambridge University Press, 2015) Development Macroeconomics Domestic Politics Economics and Finance ...
2015
This paper reviews some of the most prominent asset price bubbles from the past 400 years and documents how central banks (or other institutions) reacted to those bubbles. The historical evidence suggests that the emergence of bubbles is often preceded or ...
Alan Blinder
2015
This article comes in three parts. Part 1 reviews a few pertinent facts about the stunning economic events that have occurred in the United States (and elsewhere) since 2007. The author chose these particular facts from among many for their relevance to ...
Roland Benabou
2015
We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious and economic lines. History offers many examples of the recurring tensions between science and organized religion, but as part of the ...
Christina Davis
2015
The multilateral trade regime has significantly evolved in both depth of policy commitments among WTO members and breadth of membership. As members deepened policy commitments toward each other, total membership simultaneously expanded from 23 countries ...
Gene Grossman
2015
We study the distributional consequences of trade in a world with two industries and two heterogeneous factors of production. Productivity in each production unit reflects the ability of the manager and the abilities of the workers, with complementarity ...
Marc Fleurbaey
2015
Discounted utilitarianism and the Ramsey equation prevail in the debate on the discount rate on consumption. The utility discount rate is assumed to be constant and to reflect either the uncertainty about the existence of future generations or a pure ...
Marc Fleurbaey
2015
A free trade is always Pareto-improving. But some “free trades” are actually forced in the sense that they reflect the trader’s poverty rather than his or her preferences. We propose a rigorous concept of forced trade, and apply it to the ethical ...
Susan Fiske
2015
Discussing socioeconomic status in college classes can be challenging. Both teachers and students feel uncomfortable, yet social class matters more than ever. This is especially true, given increased income inequality in the United States and indications ...
Robert Keohane
2015
Creating and sustaining global democracy will require constructing a democratic global political infrastructure. It will require not just rational institution-building but also attentiveness to symbolism that engages people’s emotions. And it will require ...
Alan Krueger
2015
The rescue of the US automobile industry amid the 2008-2009 recession and financial crisis was a consequential, controversial, and difficult decision to make at a fraught moment for the US economy. Both of us were involved in the decision process at the ...
2015
ABSTRACT: Despite being wealthier, Indian children are significantly shorter and smaller than African children. These differences begin very early in life, suggesting that they may in part reflect differences in maternal health. By applying reweighting ...
2015
ABSTRACT: Do the wet savannahs and shrublands of Africa provide a large reserve of potential croplands to produce food staples or bioenergy with low carbon and biodiversity costs? We find that only small percentages of these lands have meaningful ...
Charles Cameron
2015
This paper examines the effects of centralized presidential policy-making, implemented through unilateral executive action, on the willingness of bureaucrats to exert effort and stay in the government. Extending models in organizational economics, we show ...
Charles Cameron
2015
We study horizontal stare decisis as an endogenous practice of a court that, in each period, draws a deciding judge from a larger bench of judges. We show that the logical structure of legal doctrine creates opportunities for gains from trade among judges ...
Sir Angus Deaton
2015
ABSTRACT: The health of people in sub-Saharan Africa is a major global concern. However, data are weak, and little is known about how people in the region perceive their health or their health care. We used data from the Gallup World Poll in 2012 to ...
Sir Angus Deaton
2015
In this paper we analyze the relationship between turnover-driven growth and subjective wellbeing, using cross-sectional MSA level US data. We find that the effect of creative destruction on well-being is (i) unambiguously positive if we control for MSA ...
Sir Angus Deaton
2015
Purchasing power parity exchange rates, or PPPs, are price indexes that summarize prices in each country relative to a numeraire country, typically the United States. These numbers are used to compare living standards across countries, by academics in ...

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