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.
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.
Researchers establish a possible connection between rising wage inequality and city size.
The main culprit for China’s gender gap expansion in the early 1980s might have been the post-Mao land reform rather than the One Child Policy.
Study finds causal relationship between viewings of MTV’s popular reality show and a decline in US teenage births.
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.
Paid family leave is associated with increased employment and earnings.
Spikes in spending at the fiscal year-end lead to staggering losses and inefficiencies in government procurement.
India’s Child Labor Act of 1986 proves to have backfired on itself with increased child labor and diminished household welfare.