States lower their corporate tax rates to attract new businesses. But who actually sees the economic benefits of lower corporate tax rates -- the firm owners and their shareholders, the workers or the land owners in that state? A new…

Dec 30

A new working paper from the National Bureau of Economic Research remodels the relationship between oil prices and production, suggesting that the actual pressure inside the wells dictates the pace of extraction more than price swings.

Economists know that lower income households most commonly refinance their mortgages and tap that equity when home values rise. But a new study from the National Bureau of Economic Research finds that when those households have extra cash on hand,…

The American economy is still feeling the effects of the 2008 financial crisis. A new study from the National Bureau of Economic Research analyzes the largest components of America's declined output -- from lost investment to lower labor force participation…