Policy & the Economy
August 1, 2022
For Those Living in Poverty, Therapy Can Have Benefits Beyond Mental Health
A large study suggests that cognitive behavioral therapy can also improve physical health and economic outcomes.
Nathan Baker, Bryan T. Gharad, Dean Karlan, Angela L. Ofori-Atta and Christopher Udry
August 1, 2022
How Former Enemies Can Develop Trust
A simple intervention can help diffuse animosity toward onetime armed foes, a study shows.
Emile Bruneau, Andres Casas, Boaz Hameiri and Nour Kteily
July 8, 2022
When Political Discussions Get Heated, Is It Best to Just Stay Out of It?
Keeping your head down when hot-button topics arise could come at a cost to your reputation.
Ike Silver and Alex Shaw
July 5, 2022
Where Does Capitalism Go Next?
A conversation on “creative destruction,” growth, and designing a more equitable capitalist future.
Benjamin F. Jones and Philippe Aghion
June 21, 2022
Where Is the U.S. Healthcare Industry Headed?
New business models abound, private equity is expanding, and healthcare workers are hard to find.
David Dranove and Craig Garthwaite
June 8, 2022
Take 5: Democracies and How They Thrive
A look at this form of government at a time when democracy is under stress around the world.
Georgy Egorov, Ameet Morjaria, Sandeep Baliga, Nancy Qian and and coauthors
June 3, 2022
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.
Scott R. Baker, Efraim Benmelech, Zhishu Yang and Qi Jacky Zhang
June 1, 2022
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.
Christopher Ksoll, Rocco Macchiavello and Ameet Morjaria
June 1, 2022
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.
Nicola Bianchi, Michela Giorcelli and Enrica Maria Martino
June 1, 2022
Consumers Pay When Generic Drug Companies Collude. Here’s a Way to Stop Them.
Price-fixing by pharmaceutical cartels can cost billions, and the threat of lawsuits isn’t enough to deter it.
Amanda Starc and Thomas G. Wollman
May 3, 2022
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.”
Larry Summers and Janice C. Eberly
May 1, 2022
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.
Dean Karlan, Christopher Udry and and coauthors
April 29, 2022
Why Are U.S. Companies Hoarding So Much Cash?
More than anything else, it comes down to taxes.
Michael Faulkender, Kristine W. Hankins and Mitchell A. Petersen
April 29, 2022
Why Sanctions Against Russia Are Falling Short
Game theory offers an explanation.
Sandeep Baliga
April 26, 2022
China Is Caught in a COVID-19 Trap of Its Own Making
Why moderating its “zero-COVID” strategy is proving difficult.
Nancy Qian
April 8, 2022
How Does Economic Uncertainty Play Out at the Local Level?
Indexing policy uncertainty by state provides new insights—and offers local governments a cautionary tale.
Scott R. Baker, Steve Davis and Jeffrey Levy
April 6, 2022
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.”
Sergio Rebelo
April 5, 2022
We Hear a Lot about New Drugs. But What Spurs Innovation in Medical Procedures?
There’s been little research on what brings about new procedures, despite how life-changing they can be.
David Dranove, Craig Garthwaite, Christopher Heard and Bingxiao Wu
April 4, 2022
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.
Nittai K. Bergman, David A. Matsa and Michael Weber
April 1, 2022
How Social Stigma Can Dissuade Us from Taking Care of Our Health
A new study explores the decisions that go into seeking preventative care.
Chethana Achar, Lea Dunn and Nidhi Agrawal
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