Afghanistan has endured decades of war and political turmoil, leading to repeated waves of displacement (refugees and internally displaced persons) and emigration. This paper documents key stylized ...

This paper studies domestic monetary policy transmission in European countries with a significant share of lending and deposits in foreign currency, referred to as ‘euroized economies’. We find that ...

The Executive Board of the International Monetary Fund concluded the Post-Financing Assessment (PFA) with Angola ...

Although the level of Dutch labor productivity is high, its growth faces challenges. From an employment perspective, productivity can be boosted by improving education outcomes, strengthening ...

Policymakers will need to achieve a difficult balance between benefits and risks while safeguarding both individual consumers and financial stability ...

Despite considerable investments—including Nikita Khrushchev’s attempt to create a Soviet counterpart to Silicon Valley on ...

Trade during wartime was once considered a nonstarter because it was seen as contributing to military capability ...

Wider external gaps in key economies point to the need for policy adjustment at home ...

Bowes does not shy away from comparisons with the precarious economic existence of many people today ...

Her work on taxation and innovation won her the 2025 John Bates Clark Medal—known as the Baby Nobel—awarded for the most significant contributions to economic thought and knowledge by an economist ...

Gary Seidman profiles Stanford economist Guido Imbens, who is reshaping how researchers establish cause and effect in the ...

US President Franklin D. Roosevelt’s New Deal projects and regulations were so wide-ranging in their aims and scope that it’s ...