Even opponents of open immigration often support temporary guest workers entering the U.S. on the H1-B visa program. But do immigrants skilled in science and technology undercut wages for U.S. workers? Quite the contrary, according to a new paper from…

Sep 19

We all know generics are cheaper. But how much cheaper? Economists find a 38 to 48 percent decline in the prices of physician-administered drugs after the drugs' patents have expired. The decline is slightly lower for oral drugs.

Washington is forever arguing over benefit increases versus tax cuts to stimulate the economy. In a paper from the National Bureau of Economic Research, former Obama economic adviser Christina Romer and her husband show that tax cuts deliver a more…

Sep 18

Mansions, especially in New York City and New Jersey, are often worth more than $1 million. But they're not always being sold for that much. Economists from the National Bureau of Economic Research explain why.

Sep 12

There's something increasing volatility on securities markets. Researchers from the National Bureau of Economic Research take a closer look at Exchange Traded Funds (ETFs), whose rapid rise over recent decades seems to be having a big impact on the stocks…

The revolving door is a popular scapegoat for regulatory inefficiency, but new research from the National Bureau of Economic Research suggests it shouldn't be blamed. Furthermore, locking the doors between the private and public sectors could actually make regulatory agencies…