Links for 08-25-17

• Learning from Thirty Years of Experience with Cap-and-Trade - Robert Stavins
• Decline in Labor-Force Participation Not Due to Disability Programs - CBPP
• Financial Stability a Decade after the Onset of the Crisis - Janet Yellon
• The Smile Curve: The Benefits from Global Value Chains - Tim Taylor
• Issues under discussion at Jackson Hole - Larry Summers
• Microfoundations hegemony in macroeconomics - mainly macro
• The long-term benefits of quality early childcare - VoxEU
• Will the China Shock Operate in Reverse? - Tim Taylor
• The Republican Tax Bill - NYTimes