Research Brief Jun 17, 2019

The Industrial Revolution in Services

This seems so obvious today that trying to imagine the counterfactual—tiny neighborhood auto manufacturers producing...
Topics:  Industrial Organization
Research Brief May 14, 2019

Rebel Capacity and Combat Tactics

Coalition forces, despite a huge technological advantage and the ability to react quickly to any...
Research Brief May 14, 2019

Low Interest Rates, Market Power, and Productivity Growth

For economists, the term “secular” means persistent over time, suggesting that the post-Great Recession years...
Topics:  Financial Markets
Research Brief May 13, 2019

Capitalists in the Twenty-First Century

However, it’s not just whether income has become less equal over the last three decades...
Research Brief Apr 30, 2019

Tax-Related Human Capital: Evidence from Employee Movements

While there has been considerable research about the determinants and consequences of corporate tax planning...
Topics:  Employment & Wages, Tax & Budget
Research Brief Apr 21, 2019

Production, Relocation, and Price Effects of US Trade Policy: The Case of Washing Machines

Hopefully you didn’t wait too long. Following the late-2017 announcement of tariffs on all washers...
Topics:  Industrial Organization
Research Brief Mar 19, 2019

The Cost of Convenience: Ridesharing and Traffic Fatalities

At the same time, those app-based (or ridesharing) services led a transformational change on the...
Topics:  Technology & Innovation
Research Brief Mar 16, 2019

Aggregate Nominal Wage Adjustments: New Evidence from Administrative Payroll Data

John Grigsby, Erik Hurst, Ahu Yildirmaz
However, in the US economy over the past 10 years or so, as labor markets...