In 2012, the average resident of San Francisco supported about $76,000 in gross domestic —about $19,000 more than the average in Chicago. That gap has widened to more than $29,000 today. San Francisco’s economy is growing nearly three times faster on a per cap... More »
Es tentador ser escépticos sobre la relación causal entre democracia y crecimiento económico, especialmente con ejemplos como China, el eclipse de la primavera árabe o el aumento del populismo en Europa y Estados Unidos. Sin embargo, nueva evidencia empírica m... More »
In 1938, Alvin Hansen—the “American Keynes”—introduced a phrase that would form the basis of worry for policymakers in developed nations the world over. In the face of plunging birth rates and ever-increasing life expectancies, OECD nations were soon to face a... More »
Uno de los grandes desafíos de América Latina es manejar eficientemente sus recursos naturales. Para lograrlo, es necesario aumentar la productividad, pues esta promueve el desarrollo económico a largo plazo. Sin embargo, en nuestra región, las mediciones que ... More »
Productivity is a fundamental concept in business because it encompasses how employees, firms, and the economy as a whole efficiently transform their inputs into outputs. From the macroeconomic perspective, productivity is often analyzed using aggregate indust... More »
Has growth in Africa’s financial sector been hindered by population density? More »
Medium sized cities are a major driver of economic growth in the American economy More »
Climate change is about more than just the weather. Three economists find that rising temperatures lead to falling economic growth. More »