Anti-immigration policies often rest on the premise that immigrants worsen native-born employment and wages. This column uses data from 2000 to 2023 to estimate the
Macroprudential policy has become a central pillar of the post-crisis regulatory framework, designed to limit systemic risk by restraining excessive credit growth, strengthening bank balance
Discussions on Japan’s ‘lost decades’ have long focused on sluggish demand and the survival of ‘zombie’ firms. However, new evidence from microdata suggests a fundamental
Lithium, cobalt, nickel, copper, and rare earth elements are reshaping global trade and great-power politics in ways reminiscent of the earlier scramble for natural resources.
Today, 1.6 million more women than men are enrolled in four-year colleges and universities in the US. An emerging narrative holds that, as women increasingly
Since 2010, a growing proportion of doctoral graduates have been taking jobs outside academia. This column explores where elite early-career economists work, using a dataset