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Research and Papers

Coronavirus

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...
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Coronavirus

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,...
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RESEARCH

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...
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Coronavirus

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...
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Coronavirus

How Inequality Hurts the Economy and Complicates Policy Responses to the Pandemic

In the years leading up to the pandemic, rising inequality created a saving glut of the rich which pushed down interest rates...
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Inequality

Inequality Has Increased Far Less Than You Think (If You Consider Social Security Benefits)

In the United States, Social Security accounts for nearly 60 percent of the total wealth of the bottom 90 percent. Once Social Security is...
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Coronavirus

Covid Economics: The Marcoeconomic Impact of the Pandemic and Policy Responses

ProMarket reviews the most recent and interesting academic papers on the ongoing pandemic: One paper argues that people do not always fully internalize the...
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Coronavirus

From Borrowing to Stockpiling: How The Virus Outbreak Changed American Household Consumption

The first academic study of American consumers' reaction to the pandemic finds that total spending rose by half between February 26 and March 11,...
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Coronavirus

Managing Expectations Is Critical to Ensure Compliance with Stay-at-Home Measures

A study of a representative sample of Italians finds that 50 percent of respondents reported having adopted all recommended actions, including staying at home,...
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Antitrust and Competition

The Darkest Side of Monopsony: The South Korean Case

"Chaebols”, large business groups controlled by founder families, are usually considered a crucial ingredient of South Korea's economic miracle. But after a process of...
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Antitrust and Competition

The United States: An Exceptional Case? A Webinar With Stephen Haber, Richard R. John, and Luigi Zingales

ProMarket writers
Many see the US as a land where free markets and antitrust enforcement have historically kept monopolies under control. But is that...
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COMMENTARIES

Bethany McLean’s Fourth of July Weekend Reading List: Jeff Bezos, Homeschooling, and How to Make Capitalism Work for All

Bethany McLean
Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean. 
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Coronavirus

Lifting Lockdown Measures Won’t Bring Back Lost Jobs, New Study Suggests

Yongseok Shin
A new paper examines data on local outbreaks in South Korea and finds that even in the absence of lockdowns, an increase...
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Bailout

What Comes Next for Economic Policies to Combat Covid-19? A Conversation Between Six Booth Faculty

Stefano Feltri
As the Covid-19 crisis evolves from a temporary shock into what seems like a long-term catastrophe, six finance scholars from Chicago Booth—Douglas...
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News

A New Stigler Center Case Study Explores the Link Between Italy’s Morandi Bridge Disaster and Crony Capitalism

Stefano Feltri
Two years ago, the Morandi bridge collapse claimed 43 lives. Based on financial statements, Italian government documents, and interviews with independent experts...
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News

Few Bad Apples? New Study Finds That 40 Percent of Officers in a Large Police Force Are Discriminatory

Felipe Goncalves, Steven Mello
A new paper seeks to examine whether police misbehavior is concentrated or diffuse by identifying whether highway patrol officers in Florida are...
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Media

Bethany McLean’s Weekend Reading List: Wirecard, Shale Oil, and the Fall of Chuck E. Cheese

Bethany McLean
Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean. 
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ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.

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