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Economics
Investigating the U.S. Reliance on Foreign Suppliers
Ana Maria Santacreu discusses whether the heavy reliance on a few foreign suppliers in some industries could make the U.S. economy more susceptible to foreign economic shocks
The Lump of Labour Fallacy and Youth Unemployment
Helga Hejny discusses why the lump of labour approach is an unsuitable theory to tackle youth unemployment. Image…
The Public and Private Sector Pay Gap in Pakistan
Asma Hyder discuses the magnitude of public/private wage differentials in Pakistanusing data drawn from the 2001-02 Pakistan Labour…
Veblen goods and urban distinction
A fundamental observation of 21st century cities is that they have become great centers of consumption. Elizabeth Currid-Halkett discusses the geographic variation in consumer behavior
Does the National Debt Matter?
The U.S national debt has increased 400% in 12 years, while over the same period, national income has grown by only 30%. David Andolfatto discusses whether this fiscal situation is sustainable
Estimation of Fixed Effects Dynamic Panel Data Models
Cheng Hsiao discusses the pros and cons of using the conditional mean approach of Mundlak and Chamberlain and…
What Have We Learned from the COVID-19 Crisis?
Louis-Philippe Rochon discusses how cuts in both employment and consumption spending, during the lockdowns, have magnified the income and wealth inequalities that characterize our 21st Century dual economies
Why Are Older Women Missing in India?
Almost half of missing women in India are of postreproductive ages. Rossella Calvi discusses women’s intrahousehold bargaining power…
The impact of sex education mandates on teenage pregnancy
David Paton discusses evidence that laws mandating sex education in schools are associated with higher rates of teenage…
Indebted Demand
Atif Mian discusses the theory of indebted demand, capturing the idea that large debt burdens by households and governments lower aggregate demand, and thus natural interest rates.
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