Finally, there are approved vaccines against COVID-19, but they will be certainly scarce at first. As a result, vaccine nationalism is rampant. However, for considerations of self-interest, solidarity as well as of international law, national governments should also cater for the health of other...

We document a new international stylized fact describing the relationship between real exchange rates and external asset holdings. Economists have long argued that the real exchange rate is associated with the net international investment position, appreciating as external wealth increases. This...

We document a new international stylized fact describing the relationship between real exchange rates and external asset holdings. Economists have long argued that the real exchange rate is associated with the net international investment position, appreciating as external wealth increases. This...