Global Economy & Development
Key themes at the IMF/World Bank Spring Meetings: Dollar dominance
Research
BPEA | 1991: MicroeconomicsDirections and Trends in Industrial Organization: A Review Essay on the Handbook of Industrial Organization
Microeconomics 1991
THE HANDBOOK OF INDUSTRIAL ORGANIZATION is mistitled. At the very least, the volumes produced by Richard Schmalensee and Robert Willig and their cadre of authors are a Two-hand book. Indeed, given the weight of each volume, it would be more appropriate to call the product a Two-arm book. (This is not to be confused with the two-armed bandit of probability theory and consumer search theory, although those aware of the $157 price tag might question whether I have too quickly dismissed the latter appellation.)
U.S. Economy
Do US states have different recoveries from economic shocks?
Federal Fiscal Policy
What can be done about the high and rising national debt?