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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
  • 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.

    Roller coaster
  • 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.

    Insights
  • 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.

  • Insights Animation: The Economic Benefits of Immigration

    Do new arrivals in a country take jobs away from the native residents? The picture is much more complex than that, argues Yale SOM’s Mushfiq Mobarak.

    Illustration of people doing different jobs
  • What Is the Future of Globalization?

    A wave of nationalism around the world has left many wondering if the trend toward greater global connection has reversed. Global Network Perspectives asked faculty throughout the Global Network for Advanced Management about the future of globalization in their regions.

  • Does Immigration Create Jobs?

    Research shows that, contrary to much of the rhetoric on the topic, immigration can contribute to economic growth and expansion of the labor market