Research in Brief

The Uphill Battle to Reduce CO2 Emissions May Be Twice as Steep as Previously Thought

A new study examines the role of uncertainty in modeling the social cost of carbon use. Its conclusions indicate that the optimal carbon dioxide tax and abatement level may be double the estimates of a widely used model.

Change Versus Invention: Innovation and Public Health Care

A survey of public health care leaders in California finds that innovation is seen as less technology-driven and more about the implementation of efficient and effective systems.

State of the Union Part 2: Obama’s Gamble on Free Community College

Free community college will help, but opportunity costs will prevent others from taking advantage of the president’s proposal.

Late Retirement Bonus: How the Government can Incentivize Working Longer

A new study finds that individuals increase the age in which they intend to claim Social Security benefits when they are offered lump sums instead of and equal to their future benefit increases.

Rethinking the Optimal Tariff Theory

Using forty years of price data from the raw cane sugar market in New York City, trade economist Douglas Irwin finds that market demand responds asymmetrically to tariff increases versus tariff reductions.

When One Size Doesn’t Fit All: Differing Outcomes for Foster Children in Group Homes

A study investigates how certain children in the foster care system may respond negatively to placements in group homes.

Price check: Smarter shopping in health care could reduce patient costs

Prices for health care services are often a mystery to patients, but a new study suggests that being more upfront about prices beforehand could help reduce healthcare spending through smarter healthcare shopping.

Dispelling the Myth: Why State Tax Breaks for Businesses Do Not Spur Economic Growth

A decline in the corporate tax rate enforced through state policy is found by a new study to be immaterial to investment decisions for businesses and therefore a non-factor for spurring economic growth within a state.

Buy One, Get One: Air Quality Co-Benefits of US Carbon Policies

Co-benefits from improved air quality can offset some if not all of the near-term costs of carbon-reduction policies. If the US commits to buying a carbon policy, citizens will also get reduced air pollution and improved health for free.