Showing results 1 - 10 of 2879
| Alberto Cavallo
April 2021, Paper: "We use the structure of the Melitz (2003) model to compare the cost of living and welfare across countries, while incorporating product variety measured by the count of barcodes or firms. For 47 countries, we compare welfare relative to the United States to conventional measures of real consumption. Relative welfare is similar to or higher than that indicated by real consumption for a select group of nations in Europe and…
| Jason Furman | Willie Powell
May 7, 2021, Opinion: "The United States added 266,000 jobs in April while the unemployment rate rose slightly to 6.1 percent with the realistic unemployment rate, which adjusts for misclassification and the unusual decline in labor force participation, falling to 7.6 percent as more people entered the labor market. The economy was still 10 million jobs short of its pre-pandemic trend in April with the employment rate down 3.2 percentage points…
| Jeffrey Frankel
May 2, 2021, Opinion: "Richard Cooper, Robert Mundell, and John Williamson made important contributions on a variety of topics in international economics throughout their careers, particularly in terms of how we think about currency arrangements. This column reviews the work of all three, tracing their ideas and drawing lessons for policymakers today."
HKS Author - Jeffrey Frankel
| Ricardo Hausmann
March 2021, Paper: "Loreto is a place of contrasts. Located on the western flank of the Amazon jungle, it is by far Peru’s largest state in terms of size, but also among those with the lowest population density. Its capital, the city of Iquitos, sits on the western bank of the Amazon River, surrounded by tributaries Nanay and Itaya. It is closer to the Brazilian and Colombian borders than it is to the capitals of its nearest Peruvian neighbor…
| Stefanie Stantcheva | Dani Rodrik
April 2021, Paper: "One of the biggest challenges that countries face today is the very unequal distributions of opportunities, resources, income and wealth across people. Inclusive prosperity – whereby many people from different backgrounds can benefit from economic growth, new technologies, and the fruits of globalization – remains elusive. To address these issues, societies face choices among many different policies and institutional…
| LaChaun Banks | Sherri Ann Charleston
March 29, 2021, Video: "Join the Ash Center; Tufts University’s Jonathan M. Tisch College of Civic Life; Office of Diversity, Inclusion and Belonging at Harvard University; and Black Student Union at Harvard Kennedy School for a conversation with Heather McGhee, a leading voice in the national conversation on systemic racism and its consequences, and the author of the recently released book, The Sum of Us: What Racism Costs Everyone and How We…
| Joseph Fuller
2021, Paper: "As the structure and makeup of the American workforce shift, the education and training system has lagged behind the rate of economic change. Yet, there is a clear appetite among learners, workers, employers, and funders for new models of working and learning. The demand for new models has only accelerated during the [Coronavirus Disease 2019] COVID-19 pandemic, as Americans indicate more interest in pursuing non-degree options…
April 24, 2021, Videos: "Why does economics matter? Rebecca Henderson is one of 25 University Professors at Harvard, a research fellow at the National Bureau of Economic Research and a fellow of both the British Academy and of the American Academy of Arts and Sciences. Her research explores the degree to which the private sector can play a major role in building a more sustainable economy. Rebecca sits on the boards of Idexx Laboratories and of…
| Gordon Hanson
May/June 2021, Opinion: "For decades, the promise of globalization has rested on a vision of a world in which goods, services, and capital would flow across borders as never before; whatever its other features and components, contemporary globalization has been primarily about trade and foreign investment. Today’s globalized economy has been shaped to a large extent by a series of major trade agreements that were sold as win-win propositions:…
| Kenneth Rogoff
April 21, 2021, Paper: "Faced with a global natural catastrophe, countries must spend to deal with the immediate crisis, and to reduce longer-term economic scarring. Sustained infrastructure and education spending can help counter headwinds to the long-term outlook. However, the fact that government borrowing rates are at extremely low levels does not imply that the very high debt, especially short-term borrowing, is a free lunch. Real borrowing…