Economics and Policy

A first-hand account of experiencing the global economy.

A model provides a simple method for calculating the cost of latency, the delay between the decision and execution of a trade.

Lehman’s bankruptcy and Merrill Lynch’s takeover have important lessons for policymakers, writes Dean Glenn Hubbard.

The trade organization doesn’t treat rich and poor nations the same, but all members can gain from collective negotiations.

Do Chinese avoid conflict? If so, how will this cultural trait affect negotiations with your Chinese joint venture partner? New research sheds light on how culture influences people in business settings.