Updating my priors on the effectiveness of wage subsidies in developing countries
In 2017 I published (ungated) a review of active labor market programs in developing countries, in which I concluded that the “accumulated evidence suggests that wage subsidies
The flawed rationale behind America’s “reciprocal tariffs”
On 2 April 2025, the Trump administration declared a “national emergency” caused by “large and persistent US goods trade deficits” and announced the imposition of
Effects of monetary policy on labour income: The role of the employer
How do monetary policy shocks affect workers’ wages and employment? This column looks at the role that firms play in determining the wage and employment
