Next, the editorials insist that China is profoundly resilient. They note risks, including American protectionism and weak consumer demand at home, but treat them almost as inconveniences. One editorial repeats Mr Xi’s line that “China is an ocean, not a pond”—big enough, that is, to weather any turbulence.

The Budget Lab at Yale aims to address gaps in current economic analysis. Founded last year by three former members of the Biden administration — Yale Law School professor Natasha Sarin ’11, University of California, Berkeley economics professor Danny ...

The 2025 Nobel Prize in Economics was awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for their pioneering research on how innovation drives sustained economic growth. Mokyr explored the historical roots of technological progress,

The Labor Department's internal watchdog is investigating how the Bureau of Labor Statistics collects and reports economic data as a part of an effort to better understand how the U.S. economy is performing. But analysts warn the BLS model is old and not ...

Structural models of default are widely used to analyze corporate bond spreads, but have generally been unable to explain why risk premiums are as high as they are. This credit spread puzzle can be addressed by taking into account such factors as the ...