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The Economics of Artificial Intelligence
A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping …
Currency Crises
There is no universally accepted definition of a currency crisis, but most would agree that they all involve one key element: investors fleeing a currency "en masse" out of fear …
High-Skilled Migration to the United States and Its Economic Consequences
Immigration policy is one of the most contentious public policy issues in the United States today. High-skilled immigrants represent an increasing share of the U.S. workforce, …
Studies in Labor Markets
The papers in this volume present an excellent sampling of the best of current research in labor economics, combining the most sophisticated theory and econometric methods with …
Means-Tested Transfer Programs in the United States
U.S. government programs to aid the poor have long been controversial, with much debate centering on how much assistance should be offered and what forms it should take. This …
Corruption and Reform
Despite recent corporate scandals, the United States is among the world's least corrupt nations. But in the nineteenth century, the degree of fraud and corruption in America …
Capital Controls and Capital Flows in Emerging Economies
Some scholars argue that the free movement of capital across borders enhances welfare; others claim it represents a clear peril, especially for emerging nations. In "Capital …
Social Security Programs and Retirement Around the World
In nearly every industrialized country, large aging populations and increased life expectancy have placed pressure on social security programs - and, until recently, the pressure …
The Microstructure of Foreign Exchange Markets
The foreign exchange market is the largest, fastest-growing financial market in the world. Yet conventional macroeconomic approaches do not explain why people trade foreign …
R & D and Productivity
A single-volume study of R&D productivity. The book addresses the relationship between research and development and productivity, and using econometric techniques, it establishes a …