Is Green Growth Possible? A Debate
Wishful thinking and tinkering won’t cut it. Nothing short of a mass mobilization for deep de-carbonization across the global economy can avert the looming climate catastrophe.
The new IPCC Report is overly optimistic about global productivity growth and fossil fuel energy use. More dramatic, immediate action is needed
A new report shows an economically viable path to net-zero CO2 emissions in key industries by 2060
A response to economists who doubt our capacity to decarbonize while maintaining robust growth
Market tweaks and incentives won’t save us from climate catastrophe. Only radical policy change will.
Hope for mitigating climate catastrophe may not be lost, but the scale of political change needed is no cause for optimism
Working Paper Series
Asset markets are indispensable in harnessing society’s diverse views and insights about future business performance. But those views are shaped as much by emotion and crowd mentality as by rational expectations.
Economic distress in rural areas and opioid exposure in cities are key indicators of overdose deaths
For years, governments in India and much of the developing world have followed the advice of a paper arguing that labor regulations actually hurt workers. The problem? The research was wrong.
Starting with the literature on the estimates of the natural rate of interest, this paper critically analyzes the modern practice of identifying the benchmark rate of monetary policy with an equilibrium or neutral interest rate reflecting “fundamental forces” unaffected by monetary factors.