Research Library

Our current economic situation is not permanent, and laws should not be altered based on the idea that domestic shutdown will last forever. However, we should remain flexible as our economy recovers.

Stephen Mumme, nonresident scholar at the Center for the United States and Mexico, explores the recent Rio Grande water war and its temporary resolution, arguing that the 1944 water treaty has once again proven resilient and adaptable to the challenges confronting both the United States and Mexico as they share their transboundary water resources.

Jose Ivan Rodriguez-Sanchez, the postdoctoral research fellow in international trade for the Center for the U.S. and Mexico, analyzes the economic impact of COVID-19 travel restrictions on the tourism industry of Texas border counties, many of which depend on Mexicans entering the U.S. and spending billions of dollars each year.

While recent headlines announce that President Biden's proposed budget will drive the national debt past WWII levels, fellow Jorge Barro explained in November 2020 that a projected surge will be very different from the 1940s.

Public finance fellow Jorge Barro analyzes Federal Reserve survey data released in September 2020 that shows that U.S. wealth inequality has declined for the first time in 30 years.

The liquefied natural gas (LNG) industry faces increasing pressure to do more to achieve climate change objectives. A new product—Green LNG—could help ensure that natural gas keeps its role in the energy transition, if the LNG industry can convert Green LNG into a uniform, tradable commodity, write the authors.

Analysis of Federal Reserve survey data released in September 2020 shows that U.S. wealth inequality has declined for the first time in 30 years.

Public finance fellow Joyce Beebe discusses the tax policy considerations of an increasingly mobile workforce, including state tax and regulatory issues, reimbursement for home office expenses and workplace benefits.

Public finance fellow Jorge Barro examines the Federal Reserve’s aggressive financial market response to the Covid-19 pandemic and asserts that without its use of unconventional policy tools, adverse outcomes could have spread to other areas of the economy, disproportionately impacting low-income households.

The authors assert that the time is ripe for the United States and Europe to take the lead on shepherding a systems-level change in the recycling market, strengthened by government regulation and legislation. They examine the economic, social, and environmental impacts of mismanaged waste and argue that the Covid-19 pandemic could serve as a catalyst for action toward a global, circular economy.