Publications

This paper examines how Venezuela’s economy has fared since President Hugo Chávez was elected in 1998. The paper looks at growth, employment, poverty, investment and other indicators, and considers th...chevron_right

This paper discusses the high "de-facto" unemployment rate in Sweden in 2004, as cited by a McKinsey Global Institute report. The author then applies the same methodology used by McKinsey to calculate...chevron_right

This paper challenges the conventional view that productivity growth is a main determinant of a rise in living standards. The authors then assess the rate of the "usable productivity" growth in the US...chevron_right

This report reviews and compares international vacation and holiday laws. The authors discover that the United States is the only advanced economy that does not guarantee its workers any paid vacation...chevron_right

This paper draws attention to the fact that military spending diverts resources from productive use. According to the author, this causes an economic slowdown with higher interest rates, reduced expor...chevron_right

This working paper calls for a new policy based on the idea of social inclusion and its potential to improve understanding of social issues and policies. The authors discuss how indicators based on th...chevron_right

This report examines the slow increase of wage growth as compared to productivity growth in the years between 1973 and 2006. The author states that the upward redistribution of income from typical wor...chevron_right

This paper focuses on monetary and exchange rates policy in Argentina after the economic recovery from its collapse in 2001. The authors analyze the various sources of aggregate demand and government ...chevron_right

This report questions the economic forecasts that are produced and widely disseminated by the IMF. It examines the cases of Argentina and Venezuela and shows the consistent forecasting errors that the...chevron_right

This paper discusses the US labor market, specifically focusing on low-wage work. It also examines the extent of existing opportunities that will allow low-wage workers shift into better-paying jobs. ...chevron_right

This paper discusses the decline in unionization rates among African-American workers in the US between 1979 and 2006. It also analyzes the decline of the US manufacturing sector and the declining rat...chevron_right

This paper discusses how the cost of developing new drugs in the US is rising despite an increase in spending in the bio-medical research field. The author identifies a series of factors that impede t...chevron_right

This paper discusses the cost of the Medicare drug benefit in the US. The author argues that although the cost of the program is less than the projected cost, it is still far higher than necessary. He...chevron_right

This article explains the Argentine Central Bank's intervention strategies in the exchange rate markets. The authors show how this macroeconomic policy has played a significant role in Argentina's eco...chevron_right

This paper discusses the key economic indicators that provide information on the housing market in US. The author examines each of these data sources, both governmental and private, and discusses thei...chevron_right