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. More »
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. More »
A new study measures intergenerational social mobility in the US, estimating the probability that a child born at a low rung of the income ladder can reach the top. The authors find that social mobility has remained stable in the US for the last 30 years. More »
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. More »
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. More »
Computer scientists investigate Unmanned Aerial Vehicle vulnerability to third-party hacking, showing that commercial drone use is likely to be heavily regulated. More »
A harsh childhood can lead to a life strategy that condones violence in response to status threats. An economic game shows that such a worldview is linked to heightened envy in unfair situations. More »
Research suggests that school breakfast programs may be falling short of the goal to provide universal access to a nutritional morning meal and may be contributing to unhealthy amounts of food intake. More »
New research suggests that college education is beneficial for marginal students, with strong effects on future earnings, particularly for men and high school students who received free lunch. More »