Income & Wealth

    The Institute strongly supports collecting data and generating better theories about income and wealth. We use a multidisciplinary approach, casting a wide net to better understand these issues which sit at the heart of contemporary economics.

    Narrow by:

    Narrow results by…

    Finance and Growth: When Credit Helps, and When it Hinders

    The financial sector can support growth but it can also cause crisis. The present crisis has exposedgaps in economists’ understanding of this dual potential. Read more

    The Austerity Trap: A Century of Unrest and Budget Cuts

    Budget cuts can be dangerous. Inspired by the wrenching experience in Greece, increasing attention is now being paid to the fact that austerity may fail to reduce the government deficit if the economy declines in response, as is likely in a liquidity trap (Delong and Summers 2012). Read more