GDP
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The Case for an Economic Well-Being Index
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The thermometer measures internal body temperature, but it cannot diagnose cancer or judge overall health. Likewise, economic measures like GDP are similar, useful for gauging issues like the size of an economy, but not its condition. However, policymakers often lean on single indicators like GDP, inflation, or unemployment and miss…
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GDP has Immense Consequences for Health Equity: Why Doctors Should Care
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Natalia Khosla ‘22 is a MS 4 at the University of Chicago Pritzker School of Medicine. She can be reached at [email protected] or [email protected]. During one of my medical rotations, my team and I were taking care of a patient stuck in a vicious cycle: a 68-year-old with heart failure,…
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When Formality is too Costly: An Experiment from Benin
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Many economies in the developing world exhibit a dual structure: the formal sector and the informal sector. While large firms operate in the formal sphere, a majority of small- to medium-size firms operate informally. Estimates of the size of the informal economy vary, but in many countries, especially sub-Saharan Africa,…
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(Mis)measuring Economic Wealth
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In a new paper, Joseph Stiglitz offers potential ideas about what may have contributed to a mismeasurement of wealth.
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Using Real Time Data to Forecast Impacts of Financial Crises
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New research outlines the impact of economic crises in the Post-War Era using real time data.
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Bidding for Fool’s Gold? The Uncertain Benefits of Hosting the World Cup
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A recent paper underscores the difficulty of studying the World Cup and does not draw firm conclusions, but finds suggestive evidence that hosting the World Cup could have a negative impact on exports.
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Climate Change: It’s the Economy, Stupid
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New research suggests economic growth plays a larger role in climate change than population growth
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Banking Africa’s Underbanked
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Has growth in Africa’s financial sector been hindered by population density?
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Mid-sized Cities: Punching above their weight
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Medium sized cities are a major driver of economic growth in the American economy
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Temperature Shocks and Economic Growth
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Climate change is about more than just the weather. Three economists find that rising temperatures lead to falling economic growth.
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