We use a dynamic trade and reallocation model with downward nominal wage rigidities to quantitatively assess the economic consequences of recent U.S. tariff increases on imports from Mexico, Canada, and China, as well as the "reciprocal" tariff changes announced on "Liberation Day" and...

We examine the 2025 U.S. debt limit episode through the lens of financial markets. First, we document an increase in trading activity in the U.S. sovereign CDS market, and we infer a probability of default from CDS premiums. We find that default risk reached 1% by the November 6 Presidential...

Will the 21st century witness Africa's major push toward catching up with other world regions? Or will the continent continue to underperform its peers? A flagship report published by the World Bank in 2000 asked, Can Africa Claim the 21st Century? It provided a blueprint for Africa to navigate...

Introduction -- Ad-hoc and Sensor Networks -- Ambient Intelligence -- Analysis of energy consumption patterns -- Based Human-Computer Interaction -- Biomedical Applications in Molecular, Structural, and Function Imaging -- Biomedical Signal Processing and Analysis, Computer-Aided Diagnosis --...