This article is a short outline of what I see as the macroeconomic effects of a possible continuation of weakness in crypto financial markets. The direct effects would be small, although weakness in ...

The recent short-lived strike by U.S. dock workers and port operators highlighted the inherent and persistent tension between what benefits individuals (micro effects) and what may better serve an ...

The macro economy, like the global climate, is a complex system (highly nonlinear and buffeted by random shocks) that defies attempts to model it and predict its future path. The challenge of ...

This paper develops a macro heterogeneous-agent model to quantify the distributional impacts of higher temperatures in the US. Households adapt to temperature by using energy and equipment for heating ...

Since the turnover of the Panama Canal from the U.S. to Panama, the Panamanian government has made increasing tourism to the country a high priority in order to increase foreign monetary revenue and ...