Are the cultural and economic explanations of populism in tension with each other?

Lobbying has become pervasive in advanced economies. New research shows how lobbying negatively affects productivity, efficiency and financial risk.

Is the optimal currency area model useful in understanding the eurozone crisis?

Italy’s government could issue what would amount to small-denomination IOUs to pay some of its bills.

Arthur Laffer, the economist behind the Laffer curve, is about to receive the Presidential Medal of Freedom. Many economists wonder whether the theory is sound.

Access to credit affects productivity growth in a non-linear way.

New research on a) the nonlinearity of the Phillips curve; and b) ways to improve the Phillips curve.

Does the informal labor market buffer the economy from negative shocks? Does it stabilize inflation?

Collective bargaining in Italy and Germany: what are the differences?

Can the Zero Lower Bound (ZLB) on interest rates be used to identify the causal effects of monetary policy?