Research Library

Is the U.S. headed for a recession? History tells us a near-term recession is unlikely — but emergent threats like unregulated crypto exchanges and U.S. debt servicing necessitate further measures to mitigate economic risk, writes public finance fellow Jorge Barro.

A number of states are moving toward accepting bitcoin and other cryptocurrencies for tax payments, writes public finance fellow Joyce Beebe. She explores the challenges this may bring and why a sizable number of states are racing to be viewed as crypto-friendly.

Cryptocurrencies may remain volatile investments, but the blockchain technology that underlies them is here to stay — and it’s transforming the health tech and agricultural tech sectors. Research analyst Alexandra Bello outlines the benefits.

This brief reviews the factors that distinguish a “hobby” from a “business” in the eyes of the IRS as well as associated requirements, common misapplications of regulations and the factors that go into a determination between the two.

Europe’s reliance on fuel-switching and demand-rationing — and its need for new natural gas supply sources — will persist through this winter into next year. Using a newly developed interactive dashboard, Center for Energy Studies experts analyze possible winter scenarios using Germany as a case study.

This issue brief highlights the potential collaboration between Arab countries and China in dealing with the global energy transition, and examines the energy transition from the perspectives of the world's largest economy (China) and richest hydrocarbon region (the Middle East).

How much can demographic changes account for trends in the U.S. economy? This paper shows that a heterogeneous-agent, overlapping-generations model with historical demographic flows can generate several features of the U.S. economy over the past several decades, including a secular decline in economic growth, a rise in savings relative to GDP, a corresponding decline in real interest rates, and, in part, changes in wealth inequality.

An increasing number of states have begun to contemplate state-administered individual retirement account programs. How do these differ from employer-sponsored plans? And would they be able to provide workers with meaningful retirement savings? Public finance fellow Joyce Beebe explains.

Protests in Iran following the death of Mahsa Amini show no signs of abating. Fellow Kelsey Norman explores the origin of women’s discontent in Iran and offers an analysis of how the protests may ultimately play out.

This paper lays out one potential step-by-step path toward decarbonizing Saudi Arabia, imagining a sweeping restructuring of a fossil fuel-driven society and economy.