This paper builds on Padilla and Cachanosky (2018) and examines if immigrants' educational attainments matter, particularly for immigrants with low educational attainments, when it comes to test the impact immigrants have on the economic freedom of the US states. Except in the area of government...

Argentina's experience with inflation targeting lasted only 26 months. In this paper, we study the reason why this regime failed in Argentina and the economic context of its implementation. We find that the main reason was an internal inconsistency in how inflation targeting was implemented, and...

This paper offers an economic and institutional assessment of 21st-century Latin American populism, particularly in Argentina, Bolivia, Brazil, Ecuador, and Venezuela. We find that populism fails to offer the significant economic and social improvements that leaders promise and voters hope for....

We offer a critique of a paper recently published Lorenzoni and Werning (2023). The paper seeks to make a) an original contribution to the hypothesis that inflation is primarily caused by conflict, and b) reconcile the Post-Keynesian and New-Keynesian traditions. In the first section the authors...