Tariffs, production networks, and spillovers: the case of a US-China trade war

The R*–Labor Share Nexus

Over the past quarter century, the U.S. economy has experienced significant declines in both the labor share of income and the natural rate

How Resilient Were Emerging Market Economies Through the 2022‑23 U.S. Monetary Tightening Cycle?

The cross-border spillover effects of shifts in U.S. monetary policy have long been a focus of academics and policymakers alike. A common fi

Financial Intermediaries and Pressures on International Capital Flows

Global factors, like monetary policy rates from advanced economies and risk conditions, drive fluctuations in volumes of international capit

The Price of Delay: Supply Chain Disruptions and Pricing Dynamics

Using a unique match of US import and consumer price microdata, the authors of this working paper show sizable pass-through of firms' delive

Croissance décevante au deuxième trimestre malgré des exportations en hausse : le paradoxe de l’économie chinoise

Economic Fragility: How Tariffs and Oil Costs Are Reshaping American Power

A pair of children’s shoes is an odd place to look for the changing dynamics of American power. But stick with me because, after the past ye