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Related publications

• Working Paper No. 1080 April 04, 2025

  Protecting Social Security: The Case Against Extending the Full Retirement Age

  Edward Lane
  Abstract

  The Social Security “full retirement age” (FRA) is the age at which retirement income benefits are available without reduction for early commencement. Presently, that age is 67 for those born in 1960 or later. This paper is about the unfair and unnecessary threat to reduce Social Security retirement income benefits (Romig 2023) by extending the […]

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• Working Paper No. 1077 February 11, 2025

  A Critical Examination of the “China Collapse” Narrative

  Yan Liang
  Abstract

  Western media and academia have heralded the China collapse narrative. This paper provides a critical and balanced examination of the four challenges facing the Chinese economy—namely, deflation, debt, demographics, and de-coupling/de-risking. It argues that while deflationary pressure is present, consumer demand has been improving as the property market stabilized and policies to bolster domestic demand […]

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• Working Paper No. 1075 January 23, 2025

  The High Cost of the Strong Peso and Its Temporary Nature: The Case of Mexico

  Arturo Huerta G.
  Abstract

  The article analyzes why exchange rate stability has been prioritized in Mexico and why the national currency has appreciated; which policies and factors have made this possible, the costs and consequences of the strong peso, and its sustainability and temporality are also examined. Mexico’s economy does not have the endogenous conditions necessary to maintain such […]

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