have argued that trade makes war less likely, yet World War I erupted at a time of unprecedented globalization. This paper …

can be viewed as a form of economic sanction and has two advantages over most sanctions: it helps rather than hurts the … greater incentives to judge truthfully. A similar approach could be used to reduce moral hazard associated with World Bank and …

around the world suggests that for countries like Russia with an established oil industry, even large increases in the scale …Russia is often considered a perfect example of the so-called "resource curse"--the argument that natural resource … of mineral incomes have only a minor effect on the political regime. In addition, Russia--a country with an …

We use a new micro data set that covers all oil fields in the world to estimate a stochastic industry-equilibrium model … market in a general-equilibrium model of the world economy. We analyze the impact of the advent of fracking on the volatility …

whether the U.S. share of world oil imports is more or less than its share of OPEC asset holdings; in the long run, whether …