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Economics

Free Pre-K Gives Parents’ Income a Long-Lasting Boost‌‌

Prof. Seth Zimmerman and his co-authors found that parents with kids in New Haven’s lottery-based pre-K program earn thousands of dollars more per year than their peers, likely because they are able to work longer hours and make more progress in their careers.

A four-year-old and her parents arriving at school
  • Study: Improved Video Game Technology Contributed to Decline in Work by Younger Men

    Between the 2000s and the 2010s, weekly recreational computer use by men in their 20s rose by 2.7 hours; at the same time, working hours for this group dropped by 1.8 hours. A study co-authored by Yale SOM Dean Kerwin K. Charles concludes that improving technology caused much of the increase in gaming, and nearly half of the decline in working hours for young men.

    A young man wearing a headset playing a video game, seen from behind
  • How Firms Can Harness Internal Competition

    A new study finds that pitting teams against each other is effective in clarifying the way forward. But once a decision is made about which path to pursue, everybody must rally around the chosen idea—and not look back.

    An illustration of a CEO watching two teams building structures
  • The Practical Game Theorist

    Prof. Barry Nalebuff extracts pragmatic insights from game theory to improve the practice of innovation, strategy, and negotiation.

    Barry Nalebuff
  • Did Congress Just Fix Surprise Medical Billing?

    A new federal law prevents patients from being billed by out-of-network doctors after being treated in an in-network hospital. We asked Prof. Fiona Scott Morton, whose research helped bring the practice to light, what the new law will mean for patients and healthcare costs.

    An emergency room in Moreno Valley, California, in May 2020. Photo: Gina Ferazzi/Los Angeles Times via Getty Images.
  • Weakening Unions Can Lead to Gender Gap in Wages

    In 2011, legislation in Wisconsin reduced the power of unions to negotiate teachers’ salaries. Within five years, male teachers started earning more than women did.

    Teachers protesting Wisconsin governor Scott Walker's proposal to eliminate collective bargaining for state workers, in 2010. Photo: Mark Hirsch/Getty Images.
  • What Can Smartphone Location Data Tell Us about the Pandemic?

    Yale SOM’s Kevin Williams and his co-authors used cellphone location data to create a data set tracking movement during COVID-19, which is publicly available for researchers.

    A satellite view of North America at night
  • Video: Why You Should Care about Antitrust

    We asked Prof. Fiona Scott Morton, former chief economist for the Justice Department’s Antitrust Division and the founder of the Thurman Arnold Project at Yale, to explain why antitrust violations are bad for consumers and how the government can respond.

    An illustration of a man in top hat stealing coins from birds
  • How Is the Airline Industry Adapting to COVID?

    Debilitated by COVID-19, airlines are preparing to cut more than 30,000 jobs as soon as next month. We asked Prof. Kevin Williams to explain some of the economics of air travel and how the industry can survive in an age of stay-at-home orders.

    A contractor disinfecting a Frontier airplane at Denver International Airport in May 2020. Photo: AAron Ontiveroz/MediaNews Group/The Denver Post via Getty Images.
  • Can Religious Teachings Help Lift People Out of Poverty?

    A study in the Philippines, co-authored by Yale SOM’s James Choi, suggests that learning Protestant Christian values and theology can boost poor families’ income.

    A speaker in front of a whiteboard in the Philippines
  • Choosing the Wrong Health Insurance Could Kill You

    Yale SOM’s Jason Abaluck and his co-authors calculated that the Medicare Advantage plans appreciably influence the survival rates of their enrollees. Shutting down the plans with the highest mortality rates could save thousands of lives per year.

    An illustration of a man choosing between three doors leading into shark-infested waters