Economic Logic

Much has been written about the increase in the female labor supply, attributing it to increases in productivity in home production, women...

Economists have long advocated that competition improves the efficiency of an industry. Elementary education, however, is typically a state ...

Following up on yesterday's post about the discrepancies of micro- and macro-estimates, another recent paper caught my eye. Sungbae An,...

For decades now, there has been a debate about the measurement of the labor supply elasticity. Indeed, micro-estimates using household or pa...

The saving behavior varies markedly across individuals, in particular with respect to retirement. While some save very little, other save a ...

Do higher incomes make you happier? Are countries with higher incomes on average happier? Richard Easterlin made a career trying to document...

Google has recently announced that its Knol initiative has reached 100,000 entries in only six months. Knol is supposed to be Google's ...

Economic theory mostly assumes that individuals are self-interested, yet there is plenty of evidence that they also value fairness and incor...

A lot of blame in the current financial crisis has been put on mortgage providers, who have been myopic and thought, erroneously, that house...

David Colander has produced over the years an impressive series of papers (and books) discussing the economics profession and in particular...

There has been a healthy debate about the origin of the obesity "epidemic" in the United States (and elsewhere). Principal culprit...

Are you getting frustrated because you never win in the office sports pool despite being an expert? The problem is that office sport experts...

There is an endless literature on the determinants of development trying to figure out what is more important: endowments (geography, climat...

Immigration countries prefer educated immigrants. Quite obvious these immigrants are much more educated than the average population of the c...

As usual, there were quite a few good papers (and some bad ones) at the ASSA meetings in San Francisco. Over the next days, I will write abo...