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Forthcoming Articles

'Market power and the Laffer Curve', Eugenio J. Miravete (University of Texas at Austin), Katja Seim (University of Pennsylvania) and Jeff Thurk (University of Notre Dame).
Nominal wage rigidity in village labour markets, Supreet Kaur (University of California, Berkeley).

Past Highlight

Photograph: "Cropped" by James Amond, used under CC BY 2.0 / Desaturated from original, with colour filter.

17 December 2015 Development, Environment, International Trade Authors: Arnaud Costinot (MIT), Dave Donaldson (Stanford), Cory Smith (MIT)

Climate change: the potential impact on global agricultural markets

Many fear that climate change will have severe effects on the global economy, particularly through the threat to food production and farmers’ earnings. This research suggests that much of the potential harm could be avoided if farmers can switch their crops in response to changing relative yields.