We develop a model of the world economy as input-output relationships subject to distortions ... and CES consumption structure we derive simple closed-form sufficient statistics for the sectoral ...
The U.S. has very high corporate profits, very high asset prices, very high fiscal deficits, very high trade deficits, and ...
We construct the World Uncertainty Index (WUI) for an unbalanced panel of 143 individual countries on a quarterly basis from 1952. This is the frequency of the word “uncertainty” in the quarterly ...