While the U.S. foreclosure crisis began with subprime mortgages, it became a much broader phenomenon and mainly included prime mortgages.
Jan 16

By Simone Pathe
We often hear how unemployment insurance will affect recipients. But a new working paper from the National Bureau of Economic Research suggests that social insurance can have a stabilizing effect on the housing market in times of crisis, not just…
Jan 02

By Simone Pathe
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

By Simone Pathe
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.
Years after the Indian Ocean tsunami that struck Indonesia on Dec. 26, 2004, researchers noted a higher than expected fertility rate, particularly among the communities that had experienced the most mortality. They took a closer look to see who was…
Dec 12

By Simone Pathe
Large retail chains are the target of frequent criticism for paying low wages and exploiting workers, but a new working paper from the National Bureau of Economic Research suggests that big-box stores have actually increased wages in the retail sector,…
The second year of open enrollment for the Affordable Care Act is now underway. This year, more insurers are participating in health insurance marketplaces, and if evidence from last year is any indication, increased competition should result in lower premiums.
Could increasing the percentage of women on corporate boards have a trickle-down effect on the workforce? That's not the case when quotas, and later sanctions, are used to force businesses to invite more women to the boardroom.
Oct 27

By Simone Pathe
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,…
Oct 24

By Simone Pathe
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…
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