IPEF’s OPEC Moment
With the generational investments of the IIJA, the chips for America act, and the IRA, "Decarbonization commodities" will be scarce relative to demand, and dominated by only a few nations, including China.
Not So Scary After All: Disinflation and the Phillips Curve
In our previous piece in our vacancies series, we took a deep dive into Ball, Leigh and Mishra (2022), “Understanding U.S. Inflation During the COVID Era,” a paper presented at the Brookings Papers on Economic Activity Conference in September 2022. The paper, which warned that the Fed’s...
Recessions are Mostly Driven by Lower Hiring
While layoffs are painful to workers, more attention needs to be paid to the threat of a rise in unemployment arising from a slowdown in hiring. In this report, we examine the important role that a fall in hiring rates plays during unemployment increases.
Expanding the Capacity Frontier: An Approach to Increasing Energy Commodity Production
Energy price volatility, which may be with us for quite some time as we pursue decarbonization, is one of our nation’s greatest macroeconomic threats.
Contingent Supply: Managing the Logistical Risk of Market-Contingent Acquisition
This is the fourth piece in the Contingent Supply series, which looks at the operational requirements, financial needs, and economic opportunities involved in using the SPR to stabilize oil markets.
