Latest Advanced Concepts News
Measuring the welfare effects of AI and automation
Growing adoption of the new generation of technologies such as smart automation…
Why Did the US Labor Share of Income Fall So Quickly?
The share of US national income going to labor was sagging through…
An old result on automation and wages
The first issue of AER Insights is out and the very first article is…
Is the U.S. budget deficit sustainable?
The U.S. federal budget deficit for 2018 came in just shy of…
The costs and benefits of performance fees in mutual funds
Performance fee-based contracts, which aim to align the interests of the fund…
What is “average inflation targeting”?
he Federal Reserve is charged by Congress with maintaining price stability and…
Monetary Policy and Financial Stability
As you well know, monetary policy has powerful effects on financial markets,…
Sustaining Maximum Employment and Price Stability
In July, the current U.S. economic expansion will become the longest on…
