Policy & the Economy
July 10, 2020
Why We Know So Little about Disparities within the Federal Court System—and How That’s Finally Changing
Millions of hard-to-obtain public court records shed new light on the fairness of the U.S. judiciary.
Adam Pah, David Schwartz, Sarath Sanga, Zachary Clopton, Peter DiCola, Rachel Davis Mersey, Charlotte Alexander, Kristian Hammond and Luis A. Nunes Amaral
June 24, 2020
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.
Dimitris Papanikolaou and Lawrence Schmidt
June 16, 2020
How Is the Pandemic Affecting Antitrust Enforcement?
Deals will be ramping up again soon. Companies shouldn’t expect a free pass from regulators.
Mark McCareins
June 1, 2020
Want Your Employees to Innovate? Trust Them.
R&D teams take more risks—and do better work—when their CEOs have faith in them.
Kieu-Trang Nguyen
May 27, 2020
The Wrong Way to Ramp Up COVID-19 Testing
Robust testing is key to safely reopening the economy. But a new model shows that if testing is not paired with “smart containment,” it could backfire.
Martin Eichenbaum, Sergio Rebelo and Mathias Trabandt
May 11, 2020
The Treasury’s Former Chief Economist Takes Stock of the Pandemic’s Economic Impact
Kellogg’s Janice Eberly zeroes in on a few data points that demonstrate the massive challenge policymakers face.
Janice C. Eberly
May 8, 2020
The U.S. Is Full of Innovative Thinkers. The Government Needs to Marshal All of Them to Fight Covid-19.
Here’s how we can accelerate efforts to reduce the spread, develop treatments, and find a vaccine.
Benjamin F. Jones
May 7, 2020
What Can the Federal Government Do to Get the Economy Back on Track?
A former White House economist weighs the pros and cons of job-retraining programs, aid for states, and universal basic income.
Benjamin Harris
May 5, 2020
Here’s How Americans Are Spending Their Stimulus Checks
Real-time data pinpoints what we’re buying, and who’s spending the fastest.
Scott R. Baker, R Farrokhnia, Steffen Meyer, Michaela Pagel and Constantine Yannelis
May 1, 2020
How to Craft Public-Health Messages That Work
The key? Understanding how fear and confidence shape healthy choices.
Chethana Achar, Nidhi Agrawal and Meng-Hua Hsieh
April 14, 2020
Companies Need to Prepare Today to Survive the Next 18 Months
An economist explains how leaders can try to lower fixed costs, retain workers, and mind their brands.
Sergio Rebelo
April 10, 2020
A Closer Look at Consumer Stockpiling During the Coronavirus Crisis
Researchers examined how households responded to shelter-in-place orders. They uncovered some surprises.
Scott R. Baker, R Farrokhnia, Steffen Meyer, Michaela Pagel and Constantine Yannelis
April 7, 2020
How Infectious-Disease Testing Can Improve Employee Performance
A new study on malaria prevention shows that employees who know their health status become more productive at work.
Oladele Akogun, Andrew Dillon, Jed Friedman, Ashesh Prasann and Pieter Serneels
April 1, 2020
The Unprecedented Stock-Market Reaction to COVID-19
A new analysis explains why this pandemic really is different.
Scott R. Baker, Nicholas Bloom, Steven J. Davis, Kyle Kost, Marco Sammon and Tasaneeya Viratyosin
March 26, 2020
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.
Martin Eichenbaum, Sergio Rebelo and Mathias Trabandt
March 25, 2020
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.
Therese McGuire and Kim Rueben
March 24, 2020
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.
Ravi Jagannathan, Filippo Mezzanotti, Sara Moreira, Jacopo Ponticelli and Scott R. Baker
March 2, 2020
When Do Open Borders Make Economic Sense?
A new study provides a window into the logic behind various immigration policies.
João Guerreiro, Sergio Rebelo and Pedro Teles
January 2, 2020
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.
Ernest Wang, Yue Yin, Itai Gurvich, Morris Kharasch, Clifford Rice, Jared Novack, Christine Babcock, James Ahn, Steven Bowman and Jan A. Van Mieghem
January 2, 2020
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.
Martin Eichenbaum, Benjamin Johannsen and Sergio Rebelo
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