Research Library

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.

Many economists have been concerned that automation will result in a loss of jobs. This work shows that is not the issue, and that the two main effects of automation are increased inequality and economic growth.

Despite its massive geological endowment and receiving what could be considered the largest windfall in its economic history, Venezuela entered 2020 in the middle of an unprecedented economic crisis. The Covid-19 pandemic and turbulence in oil markets represent the latest in a string of problems that expose the country’s vulnerability.

Parental stress, which is heightened during natural disasters, can produce negative physiological responses in the developing brains of their infants and young children. This irreversibly alters the child’s brain structure, impacting their long-term prospects for good health and academic and economic success. Now is the time to institute policies and practices that mitigate the effects of the Covid-19 pandemic on the next generation, write the authors,

The author analyzes some important new provisions in the USMCA that were not part of earlier USMCA briefs in this series.

The Covid-19 pandemic may spur a period of "economic Darwinism," finishing off weak businesses and favoring wealthy nations, write the authors.

The authors explore the history of the resource curse and provide summarize the working paper series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”

In this working paper, the authors suggest that companies must strive for transparent frameworks, political neutrality and a fair allocation of returns when engaging in foreign direct investment. This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”

The authors evaluate Argentina’s energy sector and test the hypothesis that investments in tight oil and shale gas extraction expose investors to fewer risks than extracting conventional oil and gas. This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”

To avoid the resource curse, nonresident fellow Todd Moss proposes a direct cash dividend to drive macroeconomic benefit, alleviate poverty and create incentives that drive demand for transparency and sound management. This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”