Does inflation vary across the income distribution? This article reviews the growing literature
on inflation inequality, describing recent advances and opportunities for further research in …

The observed uneven distribution of economic activity across space is influenced by
variation in exogenous geographical characteristics and endogenous interactions between …

The US-China trade war created net export opportunities rather than simply shifting trade
across destinations. Many “bystander” countries grew their exports of taxed products into the …

In the presence of markup differences, externalities, and other social effects, the direction of
innovation can be systematically distorted. I build a simple model of endogenous technology …

We argue theoretically and document empirically that aging leads to greater (industrial)
automation, because it creates a shortage of middle-aged workers specializing in manual …

Spatial economics aims to explain why there are peaks and troughs in the spatial
distribution of wealth and people, from the international and regional to the urban and local …

We provide a review of the recent literature–both theoretical and empirical–analyzing the
multi-dimensional connections between globalization and innovation. We develop a model …

Endogenous demand composition across sectors due to income elasticity differences, or
Engel's Law for brevity, affects (i) sectoral compositions in employment and in value …

Developing artificial intelligence (AI) technology requires data. In many domains,
government data far exceed in magnitude and scope data collected by the private sector …

This paper reviews recent research on geography and trade. One of the key empirical
findings over the last decade has been the role of geography in shaping the distributional …