Research

How Were the PPP’s $660 Billion for Small and Medium Firms Allocated?

A new study suggests that the Payroll Protection Program's funds were primarily allocated based on 2019’s estimated payroll, which is how the program was...

Paid to Show the Drug Works: Why “Blind” Clinical Trials for New Drugs are Far Less Blind Than They Should Be

New research shows that physicians in industry-sponsored trials are more captured by pharmaceutical companies than physicians in unsponsored ones. Economists love health care because it...

How Political Conflict Shapes Macroeconomics: Alberto Alesina’s Intellectual Legacy

One of the most respected economists of his generation, Harvard professor Alberto Alesina suddenly died at 63. His friend and colleague Guido Tabellini recalls...

We Need More Respectful and Inclusive Experiments in Development Economics: A Proposal

After many years of field research in Uganda, three economists outline how to prevent a powerful research tool such as randomized controlled trials...

When and How the US Should Reopen Is a Matter of Politics, Trust in Institutions and Media, Survey Says

A new survey from the Rustandy Center and the Poverty Lab at the University of Chicago finds that political party affiliation and trust in...

Why Social Distancing Measures Seem Less Effective in the US

Guidelines assume that the less people move around, the less likely they are to be in contact. However, phone location data show that in...

After the Lockdown: Italian Consumers Are Cautious About Returning to Normal

The effects of reopening commercial and recreational activities depend not only on legislative provisions but also on the propensity of consumers to return to...

How Are Americans Coping With the Covid-19 Crisis? 7 Key Findings From a Household Survey

New research from the Rustandy Center and the Poverty Lab at the University of Chicago finds that lower-income Americans, especially women, were more...

How to Restart the Economy and Save Lives: Simulations on Northern Italy

Italian officials have to choose the optimal strategy to end the lockdown. A policy that sends all the active population back to work avoids...

Insider Trading Data Reveals Pandemic Is a Time for Questioning, Not Answering

Following news reports about executives selling shares in their corporations to avoid losses due to the pandemic, a new study takes a closer takes...

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