Artificial intelligence helps make markets more efficient and easier for analysts and market participants to understand highly complex phenomena—from the behavior of electrical power grids to climate change. There is…
This paper examines the extent to which a fiscal stimulus through car loans induces financial distress. Using data to study the impact of Thailand’s first-car-buyer tax rebate scheme at both…
This paper estimates the country-level contributions to the social cost of carbon (SCC) using recent climate model projections, empirical climate-driven economic damage estimations and socio-economic projections. Central specifications show high…
The book examines how and why Germany and Japan have modified their military postures since 1990 so far, and assesses how far the countries still have to go—and why. The…
China is the world’s largest user of industrial robots. In 2016, sales of industrial robots in China reached 87,000 units, accounting for around 30 percent of the global market. To…
What are relative contributions of race and class to government responsiveness? Why do these inequalities exist in the first place? And under what contexts are disparities in responsiveness reduced? To…
Everyone in Washington agrees on the need to promote “innovation” to ensure economic prosperity. However, high levels of unemployment have eroded confidence in the ability of our innovation system to…
Although American political institutions may forestall a reversion to electoral autocracy, we see some striking parallels in terms of democratic dysfunction, polarization, the nature of autocratic appeals, and the processes…
We investigate the effect of pollution on worker productivity in the service sector by focusing on two call centers in China. Using precise measures of each worker’s daily output linked…
This paper documents the effect of primary forest cover loss on increased incidence of malaria. Back of the envelope calculations indicate that the morbidity-related malaria-reducing local benefits of primary forests…