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Optimism is better than despair. The car bomb never went off, and Abdulwahab died when one of his devices exploded among panicked Christmas shoppers. This note will be visible only to you...

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In this environment, policymakers can respond to fluctuations in capital flows through capital account policies such as sterilized interventions and taxing capital inflows, in addition to conventional monetary policy. This result, which is robust to a number of alternative specifications, suggests that in spite of their disparate economic structures and policy regimes, the dollar appreciation shock affects the Asian economies primarily through its impact on U...

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The prevailing media messaging of the time was captured in these war propaganda posters. Don't be laughed at! Equality before the law is not the goal...

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