Covid

One Year Into the Pandemic: Who Maintains Social Distancing and Who Doesn’t

A new study measures factors associated with the adoption of social distancing across America and finds that widespread adoption of social distancing...

Defying Expectations, Bankruptcy Filings Are Down During the Covid-19 Crisis So Far

Historically, bankruptcy filings have closely tracked the business cycle and unemployment rates. However, a recent study found that this relationship has reversed...

Regulators Should Keep a Close Eye on the Little Guys in the Race for a Covid-19 Vaccine

As the race to find a Covid-19 vaccine or treatment rages on, many have raised concerns over trustworthiness of clinical research and...

Why Consolidation Undermined the Airline Industry’s Ability to Recover from the Coronavirus Crisis

A major factor contributing to the industry’s struggles during the current crisis was the loss of resiliency due to the consolidation...

How to Save 40 percent of the Payroll Protection Program’s Costs

Thanks to the loan program part of the CARES Act, small businesses can receive up to 2.5 times their monthly payroll, regardless of how much...

Back to Work? The Political Preparation for “Phase 2” of the Pandemic Is a Matter of Trust

According to a special wave of the Booth/Kellogg Financial Trust Index, Americans have bought into social distancing rules. However, most of the respondents are...

The Coronavirus Crisis Has Exposed Private Equity’s Unsustainable Business Model

Private equity portfolio companies are heavily indebted, and they aren’t generating enough cash to service debts. The steady increase in asset values...

During a Pandemic, Beware the Man of One Model

"I have great respect for the scientific model builders who attempt at quantifying the uncertainty we face and those policy advisors who are willing to accept differences...

Trump Voters Were More Reluctant to Acknowledge the Seriousness of the Pandemic and Adapt Their Behavior Accordingly

Using data on individuals' search behavior and cellphone movement data, a new study shows that areas with a high share of Trump voters began...

Is Regulation Jeopardizing Policy Response to Coronavirus Crisis? Sendhil Mullainathan and Richard Thaler Collect Red-tape Stories

Two of the most well-known University of Chicago economists launched a website to collect examples of regulations that are limiting the United States' reaction to...

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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...

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...

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...

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...

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 the political finance. Do you have...