Economics

When Chinese imports sharply rose from 2000 to 2007, American manufacturing jobs suffered, but other sectors benefitted, leading to a net increase in U.S. welfare.

Instead, argues Yale SOM’s Fiona Scott Morton, the government should exercise its regulatory powers to promote competition.

Using extensive data on Uber drivers, Yale SOM’s Judith Chevalier and her co-authors examined their driving patterns to understand the economic value of flexible scheduling. They found that rideshare drivers would have to earn as much as double to accept less-flexible arrangements.

A recent lawsuit alleged that a billionaire investor bought the rights to a new drug just to eliminate a potential competitor. We asked Yale SOM's Florian Ederer to explain why a "catch-and-kill" merger can be damaging and what to do about the phenomenon.

Prof. Scott Morton called a private healthcare system without competitive pressure “the worst of both worlds” in terms of costs.

A study from Yale SOM’s Florian Ederer suggests that when individuals or organizations don’t fully understand how they’re being ranked, they’re likely to work harder for higher ratings.

The former Federal Reserve chair discusses what the Fed can do to help stabilize the economy and get it turned around when rate cuts aren’t enough.

We asked Prof. James Baron, an expert in human resources and labor markets, what Amazon’s $15 minimum wage would mean for workers there and at other companies.

We asked Yale SOM health economist Jason Abaluck how the expansion of low-cost, short-term insurance could affect consumers and the insurance markets.

Yale SOM’s Paul Bracken, an expert in political science and strategy, says that Brexit is just one of the political and economic disruptions reshaping Europe.