ARTICLE | This paper demonstrates that COVAX, the primary international public effort aimed at making yet-to-be-developed vaccines available to poorer countries, was outcompeted for limited supply of vaccines by richer counties who enjoy greater purchasing power.

ARTICLE | This paper assesses economics research and teaching frameworks in the United States by examining how knowledge is produced and ranked, the flaws and strengths of heterodox economic theory; and how students are trained, especially for careers in economic policy. 

ARTICLE |  Over the last few years, economists have focused on the long-run effects of persistent shocks on economic output. 

ARTICLE | Recent controversies over the impact of an energy embargo on Russia triggered by Russia’s war in Ukraine have focused on reducing dependence on fossil fuels and reorganizing energy supplies.

ARTICLE | This paper models economic output jointly with health outcomes as they pertain to the COVID pandemic, finding that a continuously varying control (i.e. the lockdown intensity) fares better than sporadically taken discrete-time decisions with lockdown intensity staying constant over some time intervals.

ARTICLE | This paper proposes a new type of tax to help finance (and accelerate) the green transition.

ARTICLE | Value capture schemes sound simple in theory – future revenues pay debt issued to cover upfront costs. But in practice, these financing mechanisms are highly complex and, as a result, can have unintended consequences on municipal finances.

ARTICLE | This article contributes to the literature on monopsony models by moving away from their emphasis on exogenous factors—worker preferences, incomplete information, and barriers— and focusing on these factors as the main drivers of monopsony power.

ARTICLE | The economy-climate interaction and an appropriate mitigation policy for climate protection have been treated in various types of scientific modeling. 

ARTICLE | This paper highlights the role of credit performance in shaping economic performance and sheds new light on both the Brazilian boom in the 2000s and the economic contraction since 2015. Its results suggest that an active stance on public credit would have been instrumental in speeding up the economic recovery.

ARTICLE | How the European Union (EU) can recover its sense of common purpose after the Covid-19 crisis exacerbated division between and among member countries.

ARTICLE | SCEPA economists published research in an influential academic journal on the Keynesian multiplier, a hotly debated issue in progressive economics on the efficacy of fiscal policy and deficit spending in a recession.

ARTICLE | As the impacts of climate change – from wildfires to flooding – become impossible to ignore, calls to adapt our economy are joined by calls to remove and store existing carbon dioxide, a process known as carbon drawdown.

ARTICLE | From SCEPA economists studying the economic impacts of climate change and mitigation policies show green bonds have great potential to help countries across the world increase environmental investments and reach emission targets.

ARTICLE | A recent article from Intereconomics, co-authored by Willi Semmler, director of SCEPA’s Economics of Climate Change project, argues that as governments struggle to regain economic strength amid the coronavirus pandemic, reconstruction programs must initiate the great green transition.

ARTICLE | The Journal Makronom, based in Germany, recently published a piececo-authored by Economist Willi Semmler, director of SCEPA’s Economics of Climate Change project, on COVID-19 and climate change.

ARTICLE | Germany’s Die Zeit, one of Germany’s most influential newspapers, featured the work of Economist Willi Semmler, director of SCEPA’s Economics of Climate Change project, on climate policy and strategy.

ARTICLE | Adding green bonds to current carbon taxes is the most effective strategy to achieve global environmental goals, according to research by SCEPA economist Willi Semmler and economists at the Economics Research Institute in Berlin (DIW).

ARTICLE | Workers in low-wage households are more likely to experience economic shocks and to withdraw from their retirement accounts, exacerbating pre-existing inequalities in the retirement savings system.

ARTICLE | For many, 401(k) accounts are used both to save for retirement and self-insure against income shocks prior to retirement.