Recent trends suggest the world economy may be tending towards an equilibrium with two distinct trading blocs, each … internally integrated, but with significant isolation between the blocs. This paper uses a quantitative theory to explore how far … this bifurcation would need to go to pose a threat to the special role of the dollar in international exchange. The theory …

in demand for new research and a corresponding increase in the use of preprint platforms around the world. We find that ….S. institutions receive more attention, than preprints with authors from the rest of the world. In an exploration of potential …

of the World (ROW) is developed to quantify capital controls and evaluate their impact on the world economy. We find … these controls had large effects. Counterfactual analysis show world output would have been 0:5 percent higher had there …

. Participation of emerging economies in world trade and longer-distance trade between countries contribute to this usage increase …

In his Labor Day address, President Biden stated that the U.S. "has the highest drug prices in the world, and there is …A commonly held theory presumes that drug companies in the U.S set prices for patented drugs at profit- maximizing … levels that fund and incentivize substantial research and development efforts. In contrast, in the rest of the world (ROW …