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Development economics is split between macro-development economists - who focus on economic growth, international trade, and fiscal/macro policies - and micro-development economists - who study microfinance, education, health, and other social programs. Recently there has been substantial...
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The bulk of global inequality is accounted for by income differences across countries rather than within countries. Expanding trade with China has aggravated inequality in some advanced economies, while ameliorating global inequality. But the “China shock” is receding and other low-income...
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We use high frequency data on traffic congestion from Google Maps to measure the impact of Jakarta's main traffic congestion reduction policy, a high-occupancy vehicle restriction policy. We find that the unexpected lifting of the policy led to a large, sudden and persistent increase in travel...
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