As they grow, countries need better transportation, energy, and communications networks. But how should a country go about prioritizing these…
Zombie firms are poorly performing firms that are unable to service their debt obligations over a prolonged period. They have…
One of the most enduring puzzles in economics is the vast disparity in wealth and prosperity between regions of the…
In recent years, the mental health of PhD students has garnered significant attention, with calls for urgent policy interventions to…
Democracy promotes economic development (Naidu et al. 2014, Acemoglu et al. 2019). However, a rising internal threat is spreading across…
The extent to which geographic distance is a barrier to technological knowledge transfer is of interest to governments of countries…
One of the classic insights from international economics is that there are winners and losers from trade. Recent research has…
As we approach COP29, modelling the relationship between climate variables – such as temperature and precipitation – and economic output…
In September 1433, Cosimo de’ Medici, the founder of the Medici dynasty, was summoned to appear before the Signoria, the…
It is well understood that real estate lending booms can cause financial crises and weak recoveries (Schularick et al. 2014).…