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Policy

Containing COVID-19 Will Devastate the Economy. Here’s the Economic Case for Why It’s Still Our Best Option.

The death toll from failing to contain the virus will be far more costly to society.

Policy

How to Shore Up State and Local Budgets during a Coronavirus Recession

State governments are responsible for implementing much of the social safety net. They’ll be looking to the federal government for extra help.

Economics

Take 5: What Previous Recessions Can Teach Us about the Coronavirus Crisis

From stimulus strategies to how businesses will fare, research on past downturns can help inform our outlook today.

Policy

When Do Open Borders Make Economic Sense?

A new study provides a window into the logic behind various immigration policies.

Healthcare

Do Doctors Who Supervise Residents Spend Less Time with Patients?

Data from two ERs suggest that patients at teaching hospitals aren’t losing out on face time with senior physicians.

Finance & Accounting

Predicting Exchange Rates Is Hard. Could Dusting Off an Old Technique Help?

Investors take note: the “real exchange rate” may be a more accurate long-term forecaster than economists thought.

Economics

Two Ways the Economy Could Have Recovered Faster after the Great Recession

Doubling down on these monetary policies could help combat future financial crises.

Economics

What’s Causing Wage Stagnation in America?

Previous explanations pointed to globalization and automation. But research shows that employer concentration is also to blame.

Policy

Dozens of New Terrorist Organizations Emerge Each Year. Which Ones Will Become Most Dangerous?

A new tool gets at the answer using the same techniques that investors use to evaluate startups.

Economics

How Dodd-Frank Made Commercial Mortgage Loans Safer

The financial reform bill increased the cost of certain loans, but lowered the risk of default.

Economics

India’s Economy Is Slowing Down. What Happens Next?

The country’s chief economic advisor discusses how labor, trade, and energy factor into the country’s economic outlook.

Economics

How Raising the Sales Tax Could Help Fight a Recession

New research points to a counterintuitive new tool to spur spending.

Healthcare

Would “Medicare for All” Really Reduce Healthcare Costs in the U.S.?

Single payer drives significant savings in countries like Canada. But new research suggests it might play out differently in the U.S.

Economics

Companies Are Shifting Investment Away from Physical Capital, with Far-Reaching Consequences

Buildings and machinery are out. Software, IP, and research are in. Here’s why it matters.

Economics

No, Extended Warranties Are Usually Not Worth It

So why do so many people keep buying them?

Finance & Accounting

Is Maximizing Shareholder Value a Thing of the Past?

Top CEOs recently “redefined” the purpose of a corporation. Kellogg faculty weigh in.

Economics

Daughters’ Math Scores Suffer When They Grow Up in a Family That’s Biased Towards Sons

Parents, your children are taking their cues about gender roles from you.

Economics

Some High-Frequency Trading Strategies Can Damage the Stock Market’s Health

But a small tweak to how trading orders are processed could help.

Federal interrogator grills smartphone.
Policy

Why Antitrust Regulators Don’t Scare Big Tech

A business law expert explains why the market is more likely than the government to rein in Apple, Amazon, Facebook, and Google.

Policy

The Business Case for Comprehensive Immigration Reform

Two economists propose a bipartisan immigration overhaul, with an eye towards the future of the labor force.