The paper considers the significance of the problem of policymaker ignorance for political efforts to limit human suffering due to the COVID-19 pandemic. To the extent that policymakers are ignorant of knowledge required to deliberately realize this goal, it can be realized only if luck,...

Maintaining economic output during COVID-19 pandemic can result in benefits for a firm's shareholders but comes at a potential cost to public health. Using novel retail store-level data, we examine how a CEO's political leanings, measured by political donations, impacts this tradeoff. We...

A number of political economy concerns are associated with the provision of foreign aid to developing economies. These concerns suggest that foreign aid is likely to have harmful effects on a recipient's institutional quality; also that attempts to give aid conditional on policy and...

Ein harter Brexit ist für das Vereinigte Königreich sehr viel teurer als für die EU. Mit einer »Hard-but-Smart«-Strategie dagegen würde das UK unilateral auf alle neuen Barrieren, also völlig auf Importzölle, verzichten. Damit ist der prozentuelle Wohlfahrtsverlust des UK und jener auf...

Am 29. März 2017 notifizierte die britische Regierung ihren Austrittswillen nach Art. 50 des EU-Vertrages bei der EU. Der Brexit ist somit offiziell eingeleitet. Am 29. April haben die Staats- und Regierungschefs beim Europäischen Rat nach Art. 50 EUV die Leitlinien für die Verhandlungen...

We analyze the influence of IMF and World Bank programs on political regime transitions. We develop an extended version of Acemoglu and Robinson's [American Economic Review 91, 2001] model of political transitions to show how the anticipation of new loans from international financial...

Since the early 1990s, regional trade agreements (RTAs) covering trade in services have proliferated, with 95 RTAs on services notified to the World Trade Organization (WTO) under Article V of the General Agreement on Trade in Services (GATS), as of June 2011. This paper discusses how RTAs...

We analyze the influence of IMF and World Bank programs on political regime transitions. We develop an extended version of Acemoglu and Robinson's [American Economic Review 91, 2001] model of political transitions to show how the anticipation of new loans from in-ternational financial...

We analyze the influence of IMF and World Bank programs on political regime transitions. We develop an extended version of Acemoglu and Robinson's [American Economic Review 91, 2001] model of political transitions to show how the anticipation of new loans from international financial...

Since the early 1990s, regional trade agreements (RTAs) covering trade in services have proliferated, with 95 RTAs on services notified to the World Trade Organization (WTO) under Article V of the General Agreement on Trade in Services (GATS), as of June 2011. This paper discusses how RTAs...