Foreign companies that cross-list on US stock exchanges can make substantial financial gains from adopting US corporate governance practices yet firms overwhelmingly choose to opt out, suggesting substantial private opportunity costs from stricter regulations. More »
New research finds that potential welfare gains from trade liberalization are likely highly underestimated because international trade statistics fail to capture the true economic impact of tradable services. More »
Gasoline and diesel subsidies have been criticized for encouraging excess consumption, but the total global economic cost is truly staggering, representing an annual welfare loss worth four percent of the total market for fuel. More »
From the US experience, the adoption of residential air conditioning appears to be a promising way to reduce heat-related mortality rates in developing countries. More »
Researchers find positive effects on health and economic self-sufficiency decades after initial exposure to the largest US hunger safety net program. More »
Your parents said it was the most important meal of the day, but does providing breakfast in the classroom have measurable effects on academic achievement? More »