Economic Logic

If you compare the media coverage about the current debt ceiling "discussions" in the US to abroad, it is a stark contrast of styl...

Referees are supposed to be impartial. In academics, this is most of the time helped by the fact that they are anonymous. In sports, referee...

In times like now, it is easy to forget that job seekers are not only the unemployed, but also the currently employed. On-the-job search is ...

The Kuznets curve traces the evolution of inequality as an economy develops. It is based on Kuznets observation that income and wealth inequ...

With all the current posturing in the US and Europe, while addressing doubtlessly important problems, it is easy to forget that there are mu...

Depending on the research question being asked, some degree of heterogeneity is required in a model. Sometimes this modeling requires distin...

Wouldn't it be nice to live on old money? One does not really need to work, or at least on a regular basis, one is worry free, and one g...

Being obese makes you a social outcast, especially in countries were obese people are relatively rare. This can have consequences on the lab...

If you are a rich country resident and travel to a poor country, you are continuously amazed how inexpensive life is there. One rationalizes...

By now, everyone must be aware that populations are getting older and that this puts some serious strain on pension systems. Unless one plan...

Politicians claim left and right that small business owners are critical to the success of an economy. They woo them with various tax credit...

Macroeconomics is sometimes like Gillette razors. There is regularly an innovative razor that happens to have more blades than the previous ...

We all want to end world poverty, and a particularly efficient way to do this is to allow the free movement of people. Unfortunately, this o...

It is rather well accepted that transparency is preferred for policy, because it anchors better expectations, people generally do not like u...

The data sometimes work in mysterious ways and provide puzzling correlations that lead to interesting research questions. One such correlati...