The foundation of American government — its purpose, form and structure — are found in the Constitution, the supreme law of the land. The Constitution establishes a ...
Donald Trump ran his presidential campaign promising to abolish entire federal agencies and departments, but it’s not quite so easy for a president to simply end an organization that was created and ...
Using both the input shares and the consumption shares within the CES production and CES consumption structure we derive simple closed-form sufficient statistics for the sectoral distortions and for ...
This paper documents the de facto seniority structure of sovereign debt using new data on defaults (missed payments or arrears) and creditor losses in debt restructuring (haircuts). We overturn ...