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This paper proposes a necessary update to the IMF’s voting formula by adding a variable representing member states’ shares of cumulative CO2 emissions since 1944.

Andrés Arauz, Lola Allen and Ivana Vasic-Lalovic / December 08, 2022

Article Artículo

IMF Surcharges Can Be Removed as Precautionary Balances Are Safely Within Target

With the IMF projecting a steady increase in the amount of countries that will pay surcharges, largely as a result of external economic shocks, it is the right moment for surcharges to be safely terminated.

Andrés Arauz / December 08, 2022

Article Artículo

CEPR Sanctions Watch, November 2022

In this edition of CEPR Sanctions Watch: the Afghan Fund meets, but relief for Afghanistan remains far as winter draws near.

Michael Galant / December 07, 2022

Article Artículo

Bolivia

Elections

Latin America and the Caribbean

World

The 2019 Election Is Not Directly Comparable to the 2016 Referendum

This is the ninth in a series of blog posts addressing a report by Diego Escobari and Gary Hoover covering the 2019 presidential election in Bolivia.

David Rosnick / December 06, 2022

Article Artículo

Debt

Economic Crisis and Recovery

United States

A Quick Note on That Record Low Savings Rate

While it is undoubtedly true that the savings rate has fallen by any measure, a large part of the decline is due to people paying taxes on capital gains.

Dean Baker / December 06, 2022

Article Artículo

Media

Spotlight

United States

CEPR Spotlight: The Media

CEPR Co-founder and Senior Economist Dean Baker had his Twitter account, @DeanBaker13, “permanently suspended”

Dawn Niederhauser / December 06, 2022

Article Artículo

COVID-19

Economic Crisis and Recovery

The November Jobs Report Was Not as Strong as Advertised

Taken together, the stronger than expected job growth, coupled with the big jump in wages, seems to indicate that we have a serious problem with inflation. The consensus seems to be that the Fed may have to keep the rate hikes in overdrive.

Dean Baker / December 04, 2022

Jobs Byte Artículo

Economic Crisis and Recovery

Jobs

United States

Workers

Economy Adds 263,000 Jobs in November, Unemployment Steady at 3.7 Percent

Wages grew at a 5.1 percent annual rate over the last three months.

Dean Baker / December 02, 2022

Article Artículo

Economic Crisis and Recovery

Preview: What to Expect in the November Jobs Report

The big questions will be whether wage growth has slowed to a pace consistent with the Fed’s inflation target and whether job growth has slowed to a sustainable pace.

Dean Baker / November 30, 2022

Article Artículo

Housing

Inequality

United States

Census and WaPo at Odds Over Effect of Inflation on Low-Income Families

Dean Baker / November 30, 2022

Article Artículo

Bolivia

Elections

Latin America and the Caribbean

World

Escobari and Hoover’s “Difference Estimates” Are Driven by Geography — Not by “Fraud”

This is the eighth in a series of blog posts addressing a report by Diego Escobari and Gary Hoover covering the 2019 presidential election in Bolivia.

David Rosnick / November 30, 2022

Article Artículo

IMF

Special Drawing Rights

World

The International Monetary Fund’s Special Drawing Rights: Why a New Issuance is Necessary and Feasible at this Time, and Would Save Many Lives

The SDR issuance last year probably saved hundreds of thousands of lives, if we use, e.g., the Bank for International Settlements’ research on the relation between recessions and mortality.

Mark Weisbrot and Joe Sammut / November 30, 2022

Article Artículo

Media

United States

OMG, a Right-Wing Jerk Can Buy Twitter! Media Concentration Matters

Dean Baker / November 29, 2022

Article Artículo

Haiti

Latin America and the Caribbean

US Foreign Policy

Regional Leaders Raise Doubts Over US-Backed Plan to Send Foreign Military to Haiti

Jake Johnston / November 28, 2022

Article Artículo

Crypto

Global Finance

United States

Sam Bankman-Fried’s Truly Effective Philanthropy: Teaching

We should all recognize that Sam Bankman-Fried is much smarter than the rest of us. After all, outwardly he looks to be one of the biggest frauds of all time. By the age of 30 he amassed a fortune that dwarfs that of your average billionaire. He did it by

Dean Baker / November 25, 2022

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