Government & Politics
-
Will Spain Reject Austerity?
Nov 20, 2015
Spain’s future path for economic policy will soon be decided.
-
Inclusive Growth: Making It Happen
Nov 20, 2015
Exploring inequality, gender, and the North-South divide.
-
Externalities and Public Goods: Theory OR Society?
Nov 19, 2015
How much does the standard theory of externalities and public goods really say?
-
Working Paper Series
The American Dual Economy: Race, Globalization, and the Politics of Exclusion
Nov 2015
I describe the American economy in the twenty-first century as a dual economy in the spirit of W. Arthur Lewis.
-
Working Paper Series
Inequality, Debt Servicing, and the Sustainability of Steady State Growth
Nov 2015
We investigate the claim that the way in which debtor households service their debts matters for macroeconomic performance.
-
Working Paper Series
Did Quantitative Easing Increase Income Inequality?
Oct 2015
The impact of the post-meltdown Federal Reserve policy of ultra-low interest rates and Quantitative Easing (QE) on income and wealth inequality has become an important policy and political issue.
-
Governance in Africa
Oct 29, 2015
A combination of leeway within the government and constitutional immunity during incumbency enables office holders to abuse their budget at will, which in turn creates a crisis of growth in Africa, relative to other parts of the world.
-
Working Paper Series
When Credit Bites Back: Leverage, Business Cycles and Crises
Oct 2015
This paper studies the role of credit in the business cycle, with a focus on private credit overhang.
-
Working Paper Series
The Cyclically Adjusted Budget: History and Exegesis of a Fateful Estimate
Oct 2015
This paper traces the evolution of the concept of the cyclically adjusted budget from the 1930s to the present.
-
Institute Grantee Appointed Central Bank Governor
Oct 20, 2015
The Institute extends its congratulations to Philip Lane, who has been named to succeed Patrick Honohan as the Irish central bank chief, and inherit his role on the council of the ECB.
-
What Really Caused the Crisis & What to Do About It
Oct 14, 2015
Adair Turner discusses his new book, Between Debt and the Devil: Money, Credit, and Fixing Global Finance.
-
Big Finance, Demystified
Oct 8, 2015
John Kay shares findings from his new book, Other People’s Money, and his insights on changing the financial sector.
-
$1.90 Per Day: What Does it Say?
Oct 6, 2015
The World Bank’s global poverty estimates suffer from deep-seated problems arising from a single source, the lack of a standard for identifying who is poor and who is not that is consistent and meaningful.
-
Is the Devil in the Details? Estimating Global Poverty
Oct 3, 2015
Economists’ assumptions, even about seemingly “small” matters, make an enormous difference to global poverty estimates but their impact often goes unnoticed, and the choices made have been badly justified. We must stop pretending that the World Bank’s “$1 per day” estimates are at all reliable.
-
Working paper
Religious Riots and Electoral Politics in India
Sep 2015
The effect of ethnic violence on electoral results provides useful insights into voter behaviour and the incentives for political parties in democratic societies.