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Why Bahar and Hausmann Tell Us Nothing About Venezuelan Migration Flows to the United States

Report

Why Bahar and Hausmann Tell Us Nothing About Venezuelan Migration Flows to the United States

In a widely circulated paper, Dany Bahar and Ricardo Hausmann claim that sanctions on the Venezuelan economy do not lead to greater migration flows to the United States. This paper shows that their conclusions rest on a serious methodological mistake: testing for a long-run relationship through a misspecified cointegration in first-differences. This mistake invalidates their statistical approach and findings.

By Francisco R. Rodríguez, Giancarlo Bravo

Q and A on Honduras’s 2025 General Elections

Report

Q and A on Honduras’s 2025 General Elections

Your questions about Honduras’s November 30 elections answered. The following Q and A looks at the key issues that have generated discussion and debate ahead of the election and provides background on the electoral process as well as the internal and external actors that are likely to play a role in its conduct and outcome.

TEGUCIGALPA, HONDURAS - MARCH 9 : Honduran citizens vote during the primary elections in Tegucigalpa, Honduras on March 9, 2025. According to authorities from the CNE (National Electoral Council), due to the delay in the delivery of ballot boxes to the polling stations, the closing time will be extended until 9 pm. (Photo by Emilio Flores/Anadolu via Getty Images)
An SDR Playbook for the IMF

Report

An SDR Playbook for the IMF

A new working paper shows how an IMF playbook could boost the global economy by providing guidance to countries on how best to maximize use of the Special Drawing Rights they receive.

By Andrés Arauz, CEPR

IMF Headquarters.
The Racial Preference for White African Immigrants

Report

The Racial Preference for White African Immigrants

In the wake of Donald Trump’s absurd claims about a ‘white genocide’ in South Africa, it is worth examining the advantages that White African immigrants have in the US labor market over their Black counterparts.

By Algernon Austin

The first group of Afrikaners from South Africa to arrive for resettlement listen to remarks from US Deputy Secretary of State Christopher Landau and US Deputy Secretary of Homeland Security Troy Edgar (both out of frame), after they arrived at Washington Dulles International Airport in Dulles, Virginia, on May 12, 2025. President Donald Trump on Monday defended the decision to resettle a group of white Afrikaners in the United States as refugees, saying they were fleeing a
The Jubilee Report: A Blueprint for Tackling the Debt and Development Crises and Creating the Financial Foundations for a Sustainable People-Centered Global Economy

Report Mark Weisbrot’s Columns

The Jubilee Report: A Blueprint for Tackling the Debt and Development Crises and Creating the Financial Foundations for a Sustainable People-Centered Global Economy

CEPR Co-Director and economist Mark Weisbrot joined other members of the Jubilee Commission of Experts at the Vatican on Friday, June 20, for the release of The Jubilee Report: A Blueprint for Tackling the Debt and Development Crises and Creating the Financial Foundations for a Sustainable People-Centered Global Economy.