Economists

MIT economists analyzed the “winner’s curse” in job-training and housing voucher programs, introducing analytical tools to improve policy evaluation accuracy. Their work highlights the complexities of replicating initial successes and underscores the importance of sound evidence in decision-making. Credit: SciTechDaily.comWhen interventions or policies perform well in studies, they may disappoint later on. An MIT economist’s tools can help planners recognize this trap.Back in the 1980s, researchers tested a job-training…

Credit: Pixabay/CC0 Public Domain Leaving paid work opens the door to potentially the best stage of life, and a new study published in The Economic Journal confirms the health and well-being benefits that can stem from retirement via an individual's increased "locus of control," a psychological trait capturing the personal sense of control or power over life outcomes. …

Amid a backdrop of changing economic conditions, industry experts forecast a significant downturn in core inflation rates. With an eye on current trends, this downturn is anticipated to push the core consumer price index (CPI) beneath the 3% threshold as early as May. This development arrives in the wake of lowered input costs and a downturn in private consumption, signaling a pivotal moment for economic strategists and market observers alike. A Closer Look at the Factors Driving Inflation Trends Economists…

Credit: Unsplash/CC0 Public Domain The 2022 baby formula crisis highlighted the precarious balance between regulation, competition and safety, according to a recent study published last month. The study titled "Navigating the Challenges of Building a More Resilient Infant Formula Industry" was published in Applied Economic Perspectives and Policy, the…

Diagram of the SIPs policy framework. Note: Elements of this figure were created with Storyboard That https://www.storyboardthat.com/. Credit: Oxford Review of Economic Policy (2023). DOI: 10.1093/oxrep/grad043 To meet the goals of the Paris Agreement and limit global heating to 1.5°C, global annual emissions will need to drop radically over the coming decades. A new paper from climate economists at the University of Oxford…

Forecasters still expect GDP to eventually contract, but later, and by less, than previously. Forecasters still expect GDP to eventually contract, but later, and by less, than previously. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the…

Trends in Mix of Energy Inputs. Notes: Based on data from Henriques and Borowiecki (2017). Credit: National Bureau of Economic Research (2023). DOI: 10.3386/w31365 Historically, coal has offered both benefits and costs to urban areas. In a new paper, researchers examined studies on how differences in the local availability of coal affect a variety of factors, including health and population growth. They conclude that…

Male fertility patterns by cognitive ability (CA), birth cohort, and age. (a) The difference between weighted and unweighted average birth cohort IQ scores, with weights given by cohort fertility. In panels (a) and (c), the vertical dashed line separates cohorts with fully observed fertility from those with imputed fertility at high ages. The bars are 95% credibility intervals. (b) The expected lifetime fertility rate by CA score group for men in three…

The App Store ecosystem facilitated an impressive $1.1 trillion in developer billings and sales in 2022, according to a study conducted by economists from Analysis Group. The study highlights the resilience and strength of the App Store, with a 29% year-over-year growth in billings and sales. Notably, over 90% of the revenue accrued solely to developers and businesses, without any commission paid to Apple. ALSO READ l Apple to expand trade-in program for new Macs at WWDC, report says The Analysis Group study delves…

A former Fed chair and former IMF chief economist say it wasn’t the pandemic or the stimulus; it was the pandemic, then the stimulus. A former Fed chair and former IMF chief economist say it wasn’t the pandemic or the stimulus; it was the pandemic, then the stimulus. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…