In today’s global marketplace, countries can’t help but feel drawn into the hype of international competition. But should cross-country comparisons hold such sway with policymakers? And more important, are they in the best interests of a country’s economy?
Adam M. Zaretsky
Everyone knows that social welfare programs shackle an economy, right? New evidence shows that such programs’ effects on labor markets are smaller than traditionally thought.
Keep up with what’s new and noteworthy at the St. Louis Fed. Sign up now to have this free monthly e-newsletter emailed to you.
Fed in Print: An index of the economic research conducted by the Fed.