How the US-China Trade War Affected the Rest of the World
U pendin g a decades-long effort to reduce global trade barriers, China and the United States began mutually escalating tariffs on $450 billion in trade flows in 2018 and 2019. These tariff increases reduced trade between the US and China, but little is known about how trade was affected in the rest of the world. In The US-China Trade War and Global Reallocations (NBER …
The Benefits of Rehabilitative Incarceration | NBER
2020年4月6日 · Figure 2. In Norway, the average time spent in prison is a little over six months, which is similar to most other Western European countries. This contrasts with average US prison time of almost three years, which is in large part the reason the United States is an outlier in its incarceration rate compared with the rest of the world [Figure 1].
Understanding Early Childhood Development and Its Importance
2024年10月22日 · 1. “Parental Investments and Skills Formation during Infancy and Youth: Long Term Evidence from an Early Childhood Intervention,” Attanasio OP, Cortes D, Maldonado D, Rodriguez-Lesmes P, Charpak N, Tessier R, Ruiz JG, Gallego J, Hernandez T, Uriza F, Gallegos A. NBER Working Paper 32851, August 2024.
Business Cycle Dating | NBER
The NBER’s Business Cycle Dating Committee maintains a chronology of US business cycles. The chronology identifies the months of peaks and troughs of economic activity. Expansions are the periods between a trough and a peak; recessions are the periods between a peak and a trough. By convention ...
Unpacking the Causes of Pandemic-Era Inflation in the US
After several decades of relatively low and stable inflation, in 2021 the US experienced a sharp rise in the pace of price increases. The annual inflation rate, as measured by the Consumer Price Index, was 1.7 percent in February 2021 but rose to more than 5 percent in June 2021.
National Bureau of Economic Research | NBER
The members of the Conference on Research in Income and Wealth (CRIW) have elected Research Associate Karen Dynan of Harvard University to succeed Katharine Abraham of the University of Maryland as CRIW Chair. Dynan’s research focuses on consumer spending, household finance, and applied macroeconomics. Before moving to Harvard, she served as …
The Impact of COVID-19 on Student Experiences and Expectations: Evidence from a Survey Esteban M. Aucejo, Jacob F. French, Maria Paola Ugalde Araya, and Basit Zafar
Research | NBER
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Global Supply Chains: The Looming “Great Reallocation” | NBER
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.
The Macroeconomic Impact of Climate Change: Global vs. Local ...
This paper estimates that the macroeconomic damages from climate change are six times larger than previously thought. Exploiting natural global temperature variability, we find that 1°C warming reduces world GDP by 12%.