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Research and Papers

RESEARCH

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

Carlo Favero, Andrea Ichino, Aldo Rustichini
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

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

Atif Mian, Amir Sufi, Ludwig Straub
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)

Sylvain Catherine, Max Miller, Natasha Sarin
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

Joost Sijthoff
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

Scott R. Baker, Constantine Yannelis, Steffen Meyer, Michael Pagel, R. A. R. A. Farrokhnia
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

Mario Macis, Guglielmo Briscese, Nicola Lacetera, Mirco Tonin
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

Sangin Park
"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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Coronavirus

Why More Elderly People Get Infected in Some Countries Compared to Others

Christian Bayer, Moritz Kuhn
Italy has a mortality rate of 6 percent while countries like Norway, Denmark, and Germany have rates still close to zero percent. The...
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Academic Capture

Are the Findings in Academic Economic Journals to be Trusted?

Abel Brodeur
A growing number of studies provide evidence that editors (and referees) of academic journals often publish only findings showing a significant effect or surprising...
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Academic Capture

The World Bank's "Papergate": Censorship Is Not the Best Way to Stop Development Aid From Fueling Corruption

Stefano Feltri
A new study of World Bank data finds that aid disbursement to highly aid-dependent countries coincides with sharp increases in bank deposits in offshore...
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Latest news

Coronavirus

Study: the Covid-19 Eviction Moratoriums Helped Reduce Food Insecurity and Mental Stress

Nitzan Tzur Ilan
A new study investigates the impact of 2020 Covid-19 rental eviction moratoria on the wellbeing of US households, finding that eviction moratoria...
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News

Cogs and Monsters: Is Economics Destined to Remain a Dismal Science?

Jana Kasperkevic
In her bold new book Cogs and Monsters: What Economics Is, and What It Should Be, Cambridge professor Diane Coyle offers a...
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Antitrust and Competition

Is there a “California Effect” in Data Privacy Law? Why the EU is Not the World’s Privacy Cop

Jens Frankenreiter
It is common lore in data privacy law and other fields that stringent regulatory standards (such as the ones introduced in the...
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Coronavirus

Governments Were Forced to Restrict Civil Liberties to Deal With Covid-19. More Flexible Constitutions Could Prevent That From Becoming the New Normal

Gabriele Gratton, Barton Lee
A new paper argues that exploitation of gaps within democratic constitutions during emergencies, such as the Covid-19 pandemic, has the potential to...
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Corporate Governance

The Social Responsibility of Business Includes Profits

Alex Edmans
Profits these days are often seen as a dirty word, but it is wrong to demonize profits. A company’s responsibility is not...
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Academic Capture

Academic Gatekeepers, Real and Imagined, Are Threatening the Credibility of the Field of Political Finance 


Renée Adams
One objective of political finance is to hold power to account. However, gatekeeping, both direct and indirect, is keeping important work from...
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Academic Capture

A Call for Comments: Have You Been Affected by Academic Gatekeeping?

Luigi Zingales
On Friday, ProMarket published a piece by Renée Adams about the impact of academic gatekeeping in political finance. Do you have a...
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