Research in Brief

Using Value-Added Measures to Assess Healthcare

At the core of healthcare reform is the goal to maximize value for patients at the lowest cost possible. As is shown in this study, value-added measures can give valuable insight into the effectiveness and efficiency of healthcare providers.

Higher Savings, Lower Returns: The Unacknowledged Externalities of Financial Innovation

New research shows how innovation in finance may increase the aggregate demand for investments over time, yet lower the expected return on assets.

How Female Migration Can Reduce Gender Inequality

A recent OECD study suggests that differences in the rates of immigration across gender are associated with socially-institutionalized forms of gender inequality, such as norms that restrict females’ access to education, family planning, property ownership, and labor markets. The authors study how these factors impact female migration and, in turn, contribute to perpetuating gender inequality.

The Changing Landscape of GMO Policy in the EU

Diffusion patterns of GMO-"freeness" in the EU reveal significant intra-state diffusion but limited inter-state growth.

Poverty Trap, or Ticket to Economic Growth? Forecasting the Impact of Climate Change on Migration and Global Inequality

A new study models the long-run effects of global warming on agricultural productivity and its impact on migration flows in low- and middle-income countries.

Putting a (New) Price Tag on Global Warming

A new model suggests that future costs of climate change have been underestimated.

China’s Official Unemployment Rate: An Unusual Outlier or a Lie?

As a result of mismeasurement, the official unemployment rate series for China is implausible and is an outlier in the distribution of unemployment rates across countries ranked by their stages of development.

Moving to Opportunity: How Housing Policy Can Disrupt the Persistence of Poverty

What matters for future economic success is the amount of childhood exposure to better neighborhoods.

Getting a Job: How Certain Characteristics Do (or Don’t) Influence Receiving a Callback

How does unemployment duration, age, or holding a low-level “interim” job affect the likelihood of receiving a callback from a potential employer?