A New Era of Endless Labor Shortages? A Critical Analysis of McKinsey's New Report

The McKinsey report's highlighting of an extremely high job vacancy ratio in recent years does not reflect the true state of the U.S. labor market.

By Thomas Ferguson and Servaas Storm


The China Miracle?

If we are to work toward a better future, we must look beyond the surface, and understand the multifaceted reality of China’s ascent in the global arena.

Featuring Yuen Yuen Ang

The concentration of innovation in a handful of urban centers engenders large and persistent regional disparities in economic opportunity.

By Aakash Kalyani, Nicholas Bloom, Marcela Carvalho, Tarek Alexander Hassan, Josh Lerner, and Ahmed Tahoun

The current paper returns to the key questions of wages and incomes and how wealth effects cripple reliance on interest rates to control inflation.

By Thomas Ferguson and Servaas Storm

How convincing is the model analysis by Bernanke and Blanchard? How empirically relevant are their mechanisms causing inflation – and how robust and plausible are their econometric findings?

By Servaas Storm

The empirical analysis of public sector investments and the health value created by the drugs selected for Medicare price negotiations provides a cost basis for the assessment of the maximum fair price.

By Edward W. Zhou, Paula G. Chaves da Silva, Debbie Quijada, and Fred Ledley

It is not just all about banking system liquidity

By Jan Toporowski

Read in the context of his time, Bagehot’s book Lombard Street appears as an attempt above all to reveal the dynamic of globalization when global money was sterling.

By Perry G. Mehrling

Jul 08, 2024

Webinars and Events

Poverty. Development. Globalisation

Two weeks of dialogues on Poverty, Development, Globalisation

Jul 01, 2024

Webinars and Events

The Political Economy of Ecological Change and Economic Security in the Global South

The intricacies of the political economy that play out across countries in the Global South have profound significance for understanding the nature of ecological change and economic security that confront our world today.

May 30, 2024

Webinars and Events

Turin Festival of Economics 2024

Who owns knowledge?

May 27, 2024

Webinars and Events

Winning Back the People: The Berlin Summit

In the global super election year of 2024, populists are threatening to experience a new upswing almost everywhere – whether in the USA, the EU or in East Germany. What makes so many citizens so dissatisfied? What could help win people back and restore their trust in liberal democracy?

Apr 11, 2024

Webinars and Events

Resolving Global Vaccine Inequity

The development of COVID-19 vaccines within a year of the emergence of SARS-CoV-2 was an unprecedented triumph of scientific research that saved millions of lives. In contrast, the lack of global coordination to manage intellectual property, technology transfer, production, financing, and distribution of vaccines led to excess deaths and losses in economic output.

Feb 20, 2024

Webinars and Events

Meeting of Young Minds in Frontiers of Economics (MYM)

Challenges And Emerging Perspectives

YSI projects are collaboratively organized by members of the community to explore topics in new economic thinking. Projects may be held virtually (discussions, webinars, reading groups) or in person (workshops, pre-conferences). Learn more about YSI here

To view projects further into the future, visit the YSI website.