Here you can find all the articles we have written with a short description of what they cover, categorized by topic.
The End of Inflation in the US? (June 25, 2023) – after the inflationary surge that occurred during 2021-2023, the June 2023 inflation data suggested that US inflation has come back down to the 2% target. Did it come down due to the Federal Reserve interest rate hiking policy or was it driven by the normalization of supply chains?
Correcting Economic Understanding: "Greedflation" (June 28, 2023) – “greedflation”, the idea that increased profits are driving the inflation surge, is being heavily debated. There is truth to both sides of the argument.
Causes of Current Inflation (December 18, 2022) – what was behind the inflationary surge during the Covid pandemic?
Wages and Inflation (December 4, 2022) – to what extent do wages cause inflation?
Inflation and Expectations (March 1, 2023) – how should we think about the recent inflationary spike and what needs to happen for it to come down.
(Un)intuitive Inflation (May 10, 2023) – what does economic theory tell us about how inflation is linked to the level of real marginal cost, and how supply chains issues, via real marginal cost, impact the inflation rate.
Industrial Policy – An Unspoken Issue (August 31, 2023) – many countries are turning towards industrial policy. But few discuss the issue of what will happen to workers once the subsidies to the manufacturing sector end.
Work Requirements (May 29, 2023) – work requirements are considered to be a helpful policy to incentivize people to work. Empirically, the data shows that this is not the case. It does not increase participation in the workforce and hurts the most vulnerable individuals.
Housing – Will deregulation fix everything? (April 9, 2023) – would removing zoning laws and housing regulations lead to an increase in housing supply and improve housing affordability.
Housing and Public Transit in Cities (April 23, 2023) - how public transit can improve housing affordability, while making everyone better off, including current homeowners.
To Compete or Non-Compete (April 30, 2023) – why non-compete clauses do not solve any issues, but only create costs.
Early Child Investment - Child Tax Credit (January 15, 2023) – the benefits of the expanded child tax credit to society.
When Free Trade isn’t Free (February 20, 2023) – how trade issues extend beyond tariffs and quotas and into regulations.
Community Civilian Interventions (June 12, 2023) – cities have always been interested in improving safety in neighborhoods. Civilian government interventions have been proposed as a solution instead of police. However, civilian interventions work best if local government presence is strong.
Impacts of Student Debt (March 7, 2023) – how does student debt adversely impact choices by individuals and why it is important for taxpayers to take into account that these choices have real costs for the economy.
Economic Impacts of Student Loan Forgiveness (November 27, 2022) – the Biden administration has proposed forgiving up to $10,000 of student loans for individuals making less than $125,000. Economic research can tell us what are the likely benefits and costs of such a policy.
The True Value of the Infrastructure Bill (November 20, 2022) – the US passed the Infrastructure and Jobs Act, which has significantly increased infrastructure spending. How impactful will it be and why more is needed.
News: The US Credit Downgrade (August 10, 2023) – On August 2nd, 2023, Fitch downgraded the credit rating of the US. What does it mean and what does economics tells us about the US debt burden.
High Profile Layoffs (February 14, 2023) – how the recent layoffs in the tech sector will affect the wider economy.
Recession Talk (May 21, 2023) – news and social media are talking a lot about a recession, but the economy has been performing very well. However, it turns that not everyone has been benefiting – and this time it was the high income individuals that saw real income declines.
Silicon Valley Bank - A Quick Demise (March 12, 2023) – in March 2023, Silicon Valley Bank collapsed after a bank-run. What are bank-runs and how did that happen?
Discrimination in Real Estate (September 17, 2023) – unlike explicit discrimination, statistical discrimination is less talked about. However, it has significant impacts on outcomes for people impacted by it. Real estate agents, often unaware of their own statistical discrimination, end up perpetuating outcomes for minorities.
Marriage Preferences and Gender Outcomes (March 26, 2023) – how partner preferences impact the glass ceiling.
New Research Highlights: January 2023 (January 29, 2023) – how does personal finance advice stack against economic theory; why are there fewer creative patents; what are the impacts of right to carry gun laws.
Christmas Holidays and Gift Giving (December 25, 2022) – gift giving has been studied a lot. Typically, every year there are articles pointing out that gift giving is a net-negative action. What does economic research actually have to tells us about this, and why we should continue to give gifts.
New Research Highlights: December 2022 (December 11, 2022) – tracking inequality in real-time; improving tax collection via sending out warnings; why venture capitalists don’t always get things right.
Correcting Economic Understanding
Correcting Economic Understanding of US Senators (March 19, 2023) – during the Senate hearing with Federal Reserve Chairman Jerome Powell, several Senators made questionable economic statements.
Correcting Economic Understanding – Banning Ukrainian Imports (May 14, 2023) – several Eastern European countries banned imports of Ukrainian grain. Why this policy will have no impact on the grain price and the profits of farmers in the Eastern European countries.
Good Models - Good Ideas (July 30, 2023) – to think through the consequences of economic policies, it it important to have a model. However, for a model to be good, it needs to have enough flexibility to allow for a variety of, and sometimes opposite, outcomes.
The Work from Home Illusion: Is It? (July 15, 2023) – the Economist covered several work from home studies. The conclusions the Economist drew from them, however, were quite wrong. What did these studies actually say, and why work from home might be the optimal form of work.
Probabilities in Medicine and More (June 18, 2023) – human minds are not built to think in probabilities, especially when outcomes there is significant uncertainty. How can Bayes’ Rule help us think through potential outcomes.
ChatGPT and AI - Predictions on Labor and the Macroeconomy (April 3, 2023) – with many predicting AI technology will revolutionize work, how can we use economic models and frameworks to think through the implications of this new technology, and why many predictions in the media are contradictory.
The usefulness of the GDP measure (February 7, 2023) – GDP is very often the focus of countries and businesses. What are its limitations and why institutions and economists are considering designing a new measure called “Beyond” GDP.
Government Debt - Should we worry about it? (January 23, 2023) – many are concerned that countries have very high government debt. Why we should focus on debt as a ‘tool’ for conducting inter-generational policy and what are sustainable levels of debt.
Nature of Budgets (January 10, 2023) – why the form of budget is not a harmless choice.
Looking Back in the New Year (January 1, 2023) – what can the Lucas Critique tell us about judging our past decisions.