Research

Can Twitter Be a Force for Good? Social Media Helps Curb Corporate Misconduct

Collective shaming on social media is crucial in reducing corporate misbehavior — and society would be significantly worse off without watchdog platforms. Social media, once...

The Historical Cost of Populism

Most work on populism has investigated the reasons why voters choose populist leaders and governments. In new research, Moritz Schularick,  Christoph Trebesch, and  Manuel...

Globalization’s Uneven Impact on Women’s Occupational Attainment

The literature on globalization’s impact on women’s workforce participation generally takes a positive outlook but still produces mixed results. In their research, Yoav Roll,...

Are Sovereign Green Bonds Anything More than a Fad?

It has become fashionable for governments to issue “green” bonds to fund the transition to sustainability. However, sovereign green bonds as currently designed have...

How Women in the Workplace Has Changed Over the Last 50 Years

Decades of progress have seen greater opportunities for women in the workplace, but sizable gender gaps still remain. Stefania Albanesi, Claudia Olivetti and Barbara...

To Understand Earnings Inequality, We Need To Study Hours Inequality

A growing literature on income inequality and labor earnings has overlooked the contribution of disparities in hours worked. In new research with Lara Vivian,...

Policies To Reduce GHG Emissions Should Look to Agricultural Carbon Markets

As governments and companies look for ways to reduce greenhouse gas emissions, agricultural sequestration offers one promising method to combat climate change. However, for...

Investors Are Failing To Take into Account the Green Transition

A stock market that has priced in the transition risk away from greenhouse gasses would see higher future returns, the so-called carbon premium, for...

How the AT&T Case Can Inform Big Tech Breakups

Breaking up companies that antitrust regulators consider too dominant can be costly and might negatively impact innovation and consumer welfare. As economists and policymakers...

A New Merger Tool Protects Consumers from Limits of the Cournot Effect

The widely accepted Cournot effect assumes that the merger of complementary firms benefits downstream firms and consumers (in addition to the merged firms themselves)...

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