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Research Briefs·Apr 17, 2025

Economic Shocks and Healthcare Capital Investments

Michael R. Richards, Maggie Shi, and Christopher M. Whaley
Recessions restrain IT investments while expansion policy indirectly stimulates them. These effects occur in a symmetrical manner. For example, in...
Podcasts episode·Apr 15, 2025

War Economies: How Ukraine and Russia Are Adapting in Year Three

Tess Vigeland and Konstantin Sonin
More than three years after Russia’s full-scale invasion of Ukraine, the war continues to reshape not only geopolitical alliances but...
Research Briefs·Apr 9, 2025

Why Has Regional Income Convergence in the U.S. Declined?

Peter Ganong and Daniel W. Shoag
Income gaps between states have stopped narrowing at the same time that rising housing costs—linked to increased zoning restrictions—have reshaped...
Research Briefs·Apr 2, 2025

The Social Construction of Race during Reconstruction

Anjali Adukia, Richard Hornbeck, Daniel Keniston, and Benjamin Lualdi
During the United States’ Reconstruction Era (1865-77), people with the same physical skin tone were more likely racialized as White...
Research Briefs·Apr 1, 2025

The Curious Surge of Productivity in U.S. Restaurants

Austan Goolsbee, Chad Syverson, Rebecca Goldgof, and Joe Tatarka
Real labor productivity at US restaurants surged over 15% during the COVID pandemic. Mobile phone tracking data reveal that this...
Podcasts episode·Apr 1, 2025

Crypto’s Fatal Flaw: Trust, Scale, and the Economics of Blockchain

Tess Vigeland and Eric Budish
Crypto’s most groundbreaking innovation, permissionless consensus, may also be its greatest vulnerability. In this episode, Chicago Booth economist Eric Budish...
Topics: Financial Markets, Technology & Innovation
Research Briefs·Mar 26, 2025

How Costly Are Business Cycle Volatility and Inflation? A Vox Populi Approach

Dimitris Georgarakos, Kwang Hwan Kim, Olivier Coibion, Myungkyu Shim, Myunghwan Andrew Lee, Yuriy Gorodnichenko, Geoff Kenny, Seowoo Han, and Michael Weber
Households are willing to forgo approximately 5–6% of their lifetime consumption to eliminate business cycle fluctuations and around 5% to...
Research Briefs·Mar 26, 2025

Boosting Young Children’s Math Skill with Technology in the Home Environment; A Digital Library for Parent-Child Shared Reading Improves Literacy Skills for Young Disadvantaged Children; Priming Parental Identity: Evidence from Experimental Data

Daniela Bresciani Andaluz, Ariel Kalil,  Haoxuan Liu, Susan Mayer, Rohen Shah, and Derek Rury
Students with stronger reading and math skills tend to perform better in school and earn higher incomes in adulthood. It...
Research Briefs·Mar 19, 2025

Drive Down the Cost: Learning by Doing and Government Policies in the Global EV Battery Industry

Panle Jia Barwick, Hyuk-soo Kwon, Shanjun Li, and Nahim Bin Zahur
The learning rate for EV battery production is 7.5%, meaning costs drop by 7.5% when production experience doubles. Learning by...