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Economics

Did China’s One-Child Policy Prompt Households to Save More?

Researchers investigate whether the lack of a “family safety net” is responsible for China’s singularly high household savings rate.

field of wilting flowers and abandoned trucks in front of greenhouse.
Economics

How Local Disruptions Can Affect the Global Supply Chain

A new study of the Kenyan flower industry can help buyers and suppliers prepare for uncertainty.

Economics

How One Tax Reform Led to More Women in the Workforce Decades Later

A study of a major fiscal change in Italy shows how much individual lives are affected when governments get more efficient.

Policy

Larry Summers on Inflation and the Fed’s Attempts to Cool the Economy

In a recent Q&A with Kellogg’s Jan Eberly, Summers is skeptical that the economy can achieve a “soft landing.”

Policy

Tackling Global Poverty Takes More Than Cash

New research points to the power of including psychosocial interventions—such as group problem-solving—alongside economic ones.

Economics

Why Are U.S. Companies Hoarding So Much Cash?

More than anything else, it comes down to taxes.

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Economics

3 Economic Implications of Russia’s War on Ukraine

“We are seeing a world that’s going to be less than the sum of its parts.”

group of working class people at bar watch TV of fed interest rate hike
Economics

When Interest Rates Climb, Some Workers Are Left Behind

When the Fed moves to cool the economy, it can disproportionately hurt female, Black, and less-educated workers in slack labor markets.

Investors discuss doing business in China
Economics

Will Putin's War Slow China's Growth?

The additional spike in food and energy prices caused by the Russia–Ukraine conflict could be devastating for China. But the country’s neutral political stance toward the war may also yield economic gains.

Economics

6 Takeaways on Today’s Economy

A finance professor breaks down the data on inflation, the labor market, and the future of cities.

Economics

Covid Hit in an Era of Broadband and Zoom. How Much Did That Help the Economy?

A new study sheds light on the impact of remote work on GDP in 2020.

Economics

When a Bunch of Economists Look at the Same Data, Do They All See It the Same Way?

Not at all, according to a recent study, which showed just how much noise can be introduced by researchers’ unique analytical approaches.

Economics

Top Economic Concerns for 2022

Growth continues, but risks abound.

Economics

Can Larger Loans Help Small Firms Grow?

Sometimes. But it turns out that lenders are bad at figuring out which businesses will benefit.

Organizations

What Businesses Must Do to Curtail Climate Change

We need to dramatically reduce carbon emissions. This will require a new system of incentives.

Economics

In Some Markets, Competition Can Do More Harm Than Good

A study of the Rwandan coffee industry shows how informal contracts can break down as new competitors enter, resulting in higher costs and lower quality products.

Economics

COVID Has Accelerated These 4 Labor Market Trends

From greater flexibility to higher wages, the workplace is never going to look the same.

Economics

In Some Markets, Competition Can Do More Harm Than Good

A study of the Rwandan coffee industry shows how informal contracts can break down as new competitors enter, resulting in higher costs and lower quality products.

Economics

COVID Has Accelerated These 4 Labor Market Trends

From greater flexibility to higher wages, the workplace is never going to look the same.

Economics

Should Americans Be Worried about Inflation Right Now?

Three economists with opposing views weigh in.

Economics

To Better Measure Economic Uncertainty, Look Beyond the Stock Market

Incorporating news sources, surveys, and even Twitter conversations can help give policymakers more nuanced data.

Economics

The U.S. Economy Is Still Finding Its Footing. But States Are Doing Pretty Well.

Why California is thriving—and even Illinois is on the upswing.

Economics

Measuring COVID’s Devastating Impact on Low- and Middle-Income Countries

Global surveys of more than 30,000 people revealed widespread drops in income, rising food insecurity, and an increase in domestic violence.

Economics

U.S. Firms Are Investing Heavily in Innovation, Yet Economic Productivity Has Slowed. Why?

The answer may lie in how pharmaceutical companies are targeting their R&D spending.

Economics

To Escape Jim Crow–Era Discrimination and Violence, Some Black Men Passed as White. But How Many?

Hundreds of thousands, according to a new study of Census data. Doing so provided some economic benefits but came at a great personal cost.

Policy

With More Stimulus Relief on the Way, Here’s a Look at America’s Covid Economy

A former Treasury official discusses where things stand now—and what the future might bring.

Economics

Why Do COVID-19 Death Rates Differ Wildly from Place to Place?

Researchers were surprised by the variable that best predicted fatalities.

Finance & Accounting

How an Advice Hotline Is Making Farmers in India More Productive

Previous efforts to provide farmers with guidance fell short. But this venture went further.

auctioneers and bidders mingle
Economics

How Auctions­ Help Solve Some of the World’s Most Complicated Problems

Whenever you turn your lights on, query Google, or stream a video on your phone, it’s likely an auction happened in the background. Our faculty discuss the decades of research that helped make auctions so ubiquitous.

Economics

Meet the (Surprisingly Rational) COVID Consumer

Research on initial consumer spending shows that those at higher risk were making safer choices.

Auctioneer sells ad space on search page
Economics

What Is “Auction Theory,” and What Kinds of Questions Can It Answer?

The recent Nobel put the field of auction theory in the spotlight. An economist explains how it works, using his own research as a guide.

Policy

Unpacking the Federal Reserve’s Aggressive Response to COVID-19

A Kellogg professor spent the past year at the Fed. He explains the bank’s “guns-blazing” response—and the limits to these interventions.

Economics

Does Requiring Food-Stamp Recipients to Work Actually Increase Economic Self-Sufficiency?

The answer is increasingly urgent as politicians debate whether to reinstate the requirement, which was paused during the COVID-19 recession.

Economics

White Americans Overestimate Racial Progress. But Certain Attempts to Remedy That Could Backfire.

Researchers hoped that having white participants read about racism would help them grasp the true extent of racial gaps in wealth and income. They were wrong.

Economics

We’re Several Months into the COVID Economy. What Have We Learned?

From household spending to the strength of the dollar, an economist sees some clear trends—and signs of what’s to come.

Workers in less work-from-home-friendly sectors suffered greater economic consequences of COVID-19.
Economics

Why the Next Round of COVID-19 Aid Should Target Industries That Can’t Work from Home

A new study pinpoints which sectors—and which workers in those sectors—suffered the most. Congress should take note.

Innovation

Want Your Employees to Innovate? Trust Them.

R&D teams take more risks—and do better work—when their CEOs have faith in them.