Economics
Can Industrial Policy Help Revive Struggling Regions?
A new paper co-authored by Yale SOM’s Cameron LaPoint looks at an effort in 1980s Japan to narrow economic inequalities between geographic regions, in order to understand the potential impact of the similar U.S. CHIPS and Science Act, enacted in 2022.
Does Automatic Enrollment into Retirement Plans Hurt Household Finances?
When companies automatically enroll employees in retirement plans, the employees save more money for their later years. But the extra savings may exact a pre-retirement toll on their finances.
The Trump Boom Is Making It Harder to See the Next Recession
We are overdue for a recession, but economists can't say with much certainty when it will arrive.
To Counter the Loss of the Federal Mandate, Create a State Healthcare Fee
To avoid higher premiums and more “free riders," Fiona Scott Morton proposes that Connecticut require residents to buy insurance, contribute to a Health Savings Account, or pay a fee to the state.
Three Questions: Prof. Andrew Metrick on the Stock Market and the Economy
It’s been a dizzying week on Wall Street. We asked Yale SOM’s Andrew Metrick if the volatile stock market also means trouble for the broader economy.
When Should Organizations Change Their Mix of Products?
To formulate an optimal product mix, managers need to understand how departmental budgets and information sharing within a company can affect decision making, according to a new study co-authored by Yale SOM’s Rick Antle.
Do Startups Pay Less?
Today, many young people are forgoing careers at established firms to join startups. Yale SOM’s Olav Sorenson investigated whether they are making the right financial choice.
Reduction of Economics to Psychology
Prof. Shyam Sunder warns that, while psychology can contribute much to economics, not all economic phenomena can be explained by individual psychology.
What Has Ireland Learned from Austerity?
Ireland slashed spending and raising taxes to address a fiscal crisis during the Great Recession. What does Ireland's subsequent recovery say about the effectiveness of austerity?
How Do You Spot a Financial Bubble?
Are we in a financial bubble? Vikram Mansharamani YC ’96 offers a framework for spotting a bubble before it bursts.
Companies That Look for Social and Cognitive Skills Seem to Do Better
Computers are able to do many tasks, but people still outperform them at human interactions and complex decision-making. A new study suggests that successful companies take advantage of these capabilities.