Archive

A look at the American household debt boom

Increased borrowing by middle-class families with low income growth played a central role in rising indebtedness

We reveal a novel channel through which market participants’ sentiment influences how they forecast stock returns: their optimism (pessimism) affects the weights they assign to fundamentals.

How the fear-of-the-new transformed a “miracle” into an aborted attempt at catching-up

Find all of our COVID-19 pandemic articles, webinars, and working papers here.

If a tree falls outside of the market sector, does it make a sound?

Evidence shows pharmaceutical companies won’t stop price-gouging and risking American lives for financial gain in this time of crises – unless we force them.

A Report From the Front Line

States can be sorted into two groups with statistically significantly different productivity regimes. In this sense, the US economy shows signs of dualism—which is the idea that the economy consists of heterogeneous units that exhibit different behaviors and levels of performance.

This paper analyzes regional contributions to the US payroll share from 1977 to 2017 and the four major business cycles throughout this period.

Please join us for a discussion with Geoff Mann, INET Senior Fellow and author of Climate Leviathan: A Political Theory of Our Planetary Future, on how the coronavirus pandemic might (or might not) teach us to prepare for a life on an increasingly hot planet.

A Template to Prevent a Global Debt Crisis?

With the COVID-19 death toll rising, we should question the wisdom and morality of an IP system that silently condemns millions of human beings to suffering and death every year.

As the COVID crisis threatens to overwhelm both federal and state government services, getting the digital component of government services to function effectively is mission critical.

Just before the crisis, European countries were designing austerity reforms that would increase inequality and reduce internal demand. Could they return?