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Blog Post
January 31, 2023
A central objective of climate policy is the reduction of carbon emissions, either by promoting renewable energies and increasing energy efficiency across sectors, or by imposing restrictions on activities contributing to greenhouse gas (GHG) emissions. The financial sector is expected to play a maj...
WORKING PAPERS
January 23, 2023
The US limits work visas for low-skill jobs outside of agriculture, with a binding quota that firms access via a randomized lottery. We evaluate the marginal impact of the quota on firms entering the 2021 H-2B visa lottery using a novel survey and pre-analysis plan. Firms exogenously authorized to e...
Blog Post
January 19, 2023
Kenya has become a poster child for digitally driven development. Known as “Silicon Savannah,” the country has a multi-billion-dollar tech industry that routinely produces startups. Among its most prominent successes is M-Pesa. Launched in 2007, the mobile wallet service revolutionized how Kenyans t...
WORKING PAPERS
November 17, 2022
The large divergence in the returns of top-performing star firms and the rest of the economy is substantially reduced when we account for the mismeasurement of intangible capital. Star firms produce and invest more per dollar of invested capital, have more valuable innovations as measured by the mar...
CGD NOTES
November 16, 2022
Inflation has become a central feature of the global economy. In Latin America (aside from idiosyncratic cases such as Argentina and Venezuela, where high inflation rates have long been the norm), inflation began to rise the first half of 2021, at the same time it did in the US. The fact that risin...
POLICY PAPERS
November 03, 2022
Few labor-based pathways for regular migration are available for people in Northern Central America. This paper summarizes the state of labor-based migration channels in the region and argues that extending those channels is a necessary complement to asylum reform. It offers five recommendations for...
POLICY PAPERS
October 31, 2022
The US is looking for ways to stimulate economic development within, and expand legal migration pathways from, El Salvador, Guatemala, and Honduras. At the same time, US employers are struggling with shortages in key industries. A Global Skill Partnership between the US and El Salvador, Guatemala, o...
Blog Post
September 29, 2022
With a little more than two years left in the current administration’s term, now is the time to lay the foundation for a robust infrastructure so that US leadership translates into helping more refugees in the decades to come. If properly resourced and supported, the Resettlement Diplomacy Network c...
Blog Post
September 21, 2022
While any global leader needs to “walk and chew gum” at the same time, the effort to rapidly welcome Afghans required intense engagement from the highest levels of government to service providers on the frontlines. This major undertaking took place in the wake of an administration that targeted the ...