Policy & the Economy
May 4, 2021
Why Spending Big on U.S. Infrastructure Makes Sense
A Kellogg professor explains the new appetite for large public investment—and how the American Jobs Act would deliver.
David A. Besanko
April 1, 2021
How Debit Cards Are Helping Low-Income Households Save—and Benefiting Their Neighbors Too
A federal initiative in Mexico had huge spillover effects.
Pierre Bachas, Paul Gertler, Sean Higgins and Enrique Seira
March 13, 2021
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.
Janice C. Eberly
March 1, 2021
There’s an Education Gap Between Rural and Urban Communities. Can Technology Bridge It?
Researchers identified a program that helps rural students learn—and improves their incomes later in life.
Nicola Bianchi, Yi Lu and Hong Song
March 1, 2021
Contact Tracing Is Failing in the U.S. Here’s How to Fix It.
For starters, turn responsibility over to local organizations and communities, where trust is higher.
Sarit Markovich
January 7, 2021
How Well Does COVID Public Policy Align with Science?
In an era of misinformation, policy based on “dubious science” could mean a greater loss of life and economic hardship.
Yian Yin, Jian Gao, Benjamin F. Jones and Dashun Wang
December 1, 2020
Should Local Governments Be Offering Tax Credits to Angel Investors?
New research casts doubt on whether these incentives actually spur innovation and economic growth.
Matthew Dennes, Sabrina Howell, Filippo Mezzanotti, XinXin Wang and Ting Xu
December 1, 2020
How Racism Discouraged Volunteer Enlistment Immediately after Pearl Harbor
New research examines what happened when Black and Japanese men, who were battling discrimination at home, were asked to fight injustice abroad.
Nancy Qian and Marco Tabellini
November 4, 2020
One Key Trait That Predicts How Much People Will Socially Distance
This new research could help policymakers deliver more effective COVID-safety messaging.
John Barrios, Efraim Benmelech, Yael V Hochberg, Paola Sapienza and Luigi Zingales
October 19, 2020
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.
Nicolas Crouzet
October 1, 2020
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.
Elena Prager, Adam Leive, Mary Zaki, Colin Gray and Kelsey Pukelis
October 1, 2020
Researchers Designed an Algorithm to Save Schools Money and Improve Equity. The District Loved it. Then Things Got Messy.
A tale of bus routes in Boston shows the promises and pitfalls of using new technology to change entrenched systems.
Dimitris Bertsimas, Arthur Delarue and Sébastien Martin
September 2, 2020
Pharma Companies Argue That Lower Drug Prices Would Mean Fewer Breakthrough Drugs. Is That True?
Probably not, a new study suggests—as long as the price decreases are modest.
David Dranove, Craig Garthwaite and Manuel I. Hermosilla
September 2, 2020
How Credit Ratings Are Shaping Governments’ Responses to Covid-19
To fund pandemic-related spending, governments around the world will need to take on more debt. If they can.
Efraim Benmelech
September 1, 2020
How Did School Desegregation Shape the Political Ideology of White Students Later in Life?
A new study suggests that, more than four decades later, the impact of these policies on political leanings is apparent.
Ethan Kaplan, Jörg L. Spenkuch and Cody Tuttle
July 20, 2020
A Look Inside Chicago’s Economic Recovery Plan
Attracting HQ2s. Expanding mental-health care. A member of the COVID-19 Recovery Task Force explains how the city can emerge both stronger and more equitable.
Benjamin Harris
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
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 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
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