On 8 August 2023, the WTO circulated two panel reports in the cases brought by India and the United States in “United States — Certain Measures on Steel and Aluminium Products” (DS547) and “India — Additional Duties on Certain Products from the United States” (DS585).

The escalation of broad export controls by the US, under the guise of national security and the aim to curb technological transfers to potential adversaries,1 marks a new epoch of bureaucratic oversight. The US push for broad export controls also underscores a critical juncture in US-EU...

"A thorough investigation of the current combination of austerity and extravagance that characterizes government spending and central bank monetary policy. At the close of the 1970s, government treasuries and central banks took a vow of perpetual self-restraint. While, to this day, welfare...

This study investigates the impacts of the minimum wage on U.S. regional labor markets. Using ten years of county-level data, we examine the relationship between the minimum wage and several key components of the labor market. Following past research, the number of people in the labor force is...

We study the optimal design of means-tested transfers and progressive income taxes. In a simple analytical model, we demonstrate an optimally negative relation between transfers and income-tax progressivity due to efficiency and redistribution concerns. In a rich dynamic model, we quantify the...