Economist - Publications - Faculty & Research

28 Mar 2012
What Do You Think?

Are Factory Jobs Important to the Economy?

for many years, warns that R&D and product development capabilities will be lost along with the loss of such jobs. While examining the closing gap between developed and developing economies, Nobel Prize economist Michael Spence has... View Details

Keywords: by James Heskett; Manufacturing

2013
Working Paper

International Health Economics

By: Mark Egan and Tomas J. Philipson

Perhaps because health care is a local service sector, health economists have paid little attention to international linkages between domestic health care economies. However, the growth in domestic health care sectors is often attributed to medical innovations whose... View Details

Keywords: Health Care and Treatment; Innovation and Invention; Global Range; Economics

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05 Dec 2013
Working Paper Summaries

Heterogeneous Technology Diffusion and Ricardian Trade Patterns

Keywords: by William R. Kerr

04 Nov 2009
What Do You Think?

What is the Role of Government Vis-à-Vis Capitalism?

sports analogy apply here, with government setting and enforcing the rules even-handedly through officials in its employ? Or is government's role instead to let market mechanisms and the "invisible hand" do their best? Have View Details

Keywords: by Jim Heskett

01 Mar 2021
Research & Ideas

How Systemic Racism Can Threaten National Security

the single most important public good: defense of national boundaries from external attacks.” Quantifying racism’s toll Economists have looked more frequently at racism’s destructive influence on the US economy in recent years, yet few... View Details

Keywords: by Rachel Layne

07 Jul 2003
What Do You Think?

Can We Have Too Much Productivity Improvement?

had risen to the highest rate in nine years. Economists assure us that productivity (the ratio of product and service outputs to labor and capital inputs) improvements are good for all of us, whether we are employed (and thus factored... View Details

Keywords: by James Heskett

09 May 2023
Research & Ideas

Where to Find Remote Work Now: 250 Million Job Postings Paint a Complex Picture

Economics; Steven J. Davis of the University of Chicago’s Booth School of Business; and Lightcast Chief Economist Bledi Taska. Crunching the ‘WHAM’ algorithm To parse where and how people are working remotely, the researchers teamed with... View Details

Keywords: by Rachel Layne

29 Jul 2013
Research & Ideas

A Manager’s Moral Obligation to Preserve Capitalism

Most of us tend not to think of capitalism as a moral system. The prevailing view of the free market, among laypeople and economists alike, is that it's one step removed from the law of the jungle. But the fact is that capitalism has... View Details

Keywords: by Michael Blanding

21 Feb 2023
Research & Ideas

Are Your Employees Passing Up Incentives? Try Promoting the Programs More

offer these benefits. Even getting consumers with some of the highest electric bills in the country to turn off the lights can be challenge, as California found out with a failed discount program. Why some incentives spur action while others don’t has been puzzling... View Details

Keywords: by Scott Van Voorhis

16 Dec 2019
Research & Ideas

Taking on the Taboos That Keep Women Out of India's Workforce

other economists offers a new way of thinking about this puzzle. Published in September by the National Bureau of Economic Research, On Her Own Account: How Strengthening Women’s Financial Control Affects Labor Supply and Gender... View Details

Keywords: by Julia Hanna

Research Summary

Searching for a Corporate Savior: The Irrational Quest for Charismatic CEOs ( Princeton University Press, October 2002)

By: Rakesh Khurana

In this book, I argue that the external CEO labor market was born in a burst of rhetoric about wresting control of corporations away from a group of self-interested insiders, as senior managers in the era of managerial capitalism had come to be portrayed. The rationale... View Details

24 Apr 2019
Research & Ideas

The 'Amazon Effect' Is Changing Online Price Competition—and the Fed Needs to Pay Attention

win some moral victories: the Economist magazine stopped publishing the Argentinian government’s numbers in favor of Cavallo’s stats, and, when a new government took over, it relied on Cavallo’s numbers as it built a new index from... View Details

Keywords: by Roberta Holland; Retail

11 Oct 2006
What Do You Think?

How Do We Respond to the “Dependency Ratio” Dilemma?

trends, and economic growth rates. But in business, it is also influenced strongly by the cost of retirees, which in turn is determined in large part by the outcomes of negotiations between management and labor. Harvard economists David... View Details

Keywords: by Jim Heskett

27 Nov 2013
Working Paper Summaries

Skilled Immigration and the Employment Structures of US Firms

Keywords: by Sari Pekkala Kerr, William R. Kerr & William F. Lincoln

07 Jan 2002
Research & Ideas

How Marketing Can Reduce Worldwide Poverty

process. That process, in fact, I'm more or less convinced is not led by the marketer. Once you say "marketer," I think the message doesn't stick. People say, "My God, you want to have a marketing person?" That person could be a social worker; it... View Details

Keywords: by Martha Lagace

09 Jan 2006
Research & Ideas

When Benchmarks Don’t Work

adage about the economist who knows the price of everything and the value of nothing. When the benchmark used to evaluate a department or a process is based on an aggregate financial metric, the assumption is that the department or... View Details

Keywords: by Robert S. Kaplan; Service

16 May 2000
Research & Ideas

The Simple Economics of Open Source

Tirole, an economist at the University of Toulouse and the Massachusetts Institute of Technology. In their new working paper, "The Simple Economics of Open Source," Lerner and Tirole make the case that an idealistic notion of... View Details

Keywords: by Martha Lagace; Technology

18 Oct 2013
Working Paper Summaries

Monetary Policy Drivers of Bond and Equity Risks

Keywords: by John Y. Campbell, Carolin E. Pflueger & Luis M. Viceira

04 Feb 2022
Book

Beyond the Cold War: Reinventing Socialism in 5 Countries

institutions that would prevent new holders of sovereignty from interfering with existing forms of property. Caught in between were the developmental economists (discussed by David Engerman, Sara Lorenzini, and others) who mostly... View Details

Keywords: by Dina Gerdeman

01 Nov 2022
What Do You Think?

Why Aren’t Business Leaders More Vocal About Immigration Policy?

those crossing the border to request asylum without “waiting in line” for fully documented or legal entry. (As economist Tara Watson and writer Kalee Thompson point out in their recent book, it is more accurate to say that under current... View Details