We quantify the commute time savings associated with work from home, drawing on data for 27 countries. The average daily time savings when working from home is 72 minutes in our sample. We estimate ...

Lagos Governor Sanwo-Olu proposes N4.23trn 2026 budget focused on infrastructure, economic growth, social welfare, governance ...

Generative artificial intelligence (AI) is a potentially important new technology, but its impact on the economy depends on the speed and intensity of adoption. This paper reports results from a ...

The week ahead is a pivotal one for market participants seeking some clarity on US growth and the likelihood of another Fed rate cut. Now that the longest-ever government shutdown is over, investors ...

Jobs and inflation data will be released late and with caveats, complicating the Federal Reserve’s interest rate deliberations. By Ben Casselman and Rebecca Davis O’Brien The government shutdown is ...

In this paper we exploit 150 years of tariff policy in the US and abroad to estimate the short-run effects of tariff shocks on macro aggregates. A careful review of the major changes in US tariff ...