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Demographics and the US Economy
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.
Jorge Barro November 11, 2022
Barbed wire between Israel, Jerusalem
The Israeli-Palestinian Case: Current Prospects and Continued Importance of the Two-State Solution
This report explores the current situation in Palestinian-Israeli dynamics and concludes that the only real solution is a return to the two-state paradigm. Peace and security — for both Israelis and Palestinians — will come through mutual recognition of statehood and clearly defined and respected international borders, the author writes.
Samih Al-Abid July 1, 2022