Red states are falling behind blue states in the jobs boom. But the divide between red and blue states goes deeper than just job creation. We develop

NAFTA gave a big push to trade and financial integration, favorably affecting Mexico Uncertainty over a possible reversal could weigh on growth, leadi

Phillips curve estimation suggests that supply-side effects explained the core inflation decline. A stronger ruble contributed to lower inflation and

The government has taken advantage of increased political capital to push for needed structural changes Relying on a gradual policy approach, producti

We have shown that red states are falling behind blue states in the jobs recovery. We examine three possible drivers: (i) demographics; (ii) opioids;

We compare the US labor force participation rate to other G10 economies. The decline in the US participation rate is a clear outlier, especially wh