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Politics and Policy

Companies That Receive State Subsidies Are More Likely to Break Workplace Laws‌

In a new study, Yale SOM’s Aneesh Raghunandan finds that state officials are then less likely to penalize companies that receive subsidies for corporate misconduct—and their leniency seems to encourage firms to ignore regulations.

A "Welcome to Washington" sign along a highway
  • Why Hidden Populations Are So Hard to Count

    Yale researchers Edward Kaplan and Jonathan Feinstein explain how widely accepted estimates have greatly undercounted the number of undocumented immigrants in the United States.

    A map of the United States illustrating inflows and outflows of people.
  • Janet Yellen Worries the Fed May Not Have the Tools to Fight the Next Downturn

    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.

    Janet Yellen, then chair of the Federal Reserve, on television monitors at the New York Stock Exchange in June 2014. Photo: Jin Lee/Bloomberg via Getty Images.
  • Can Green Banks Scale Clean Energy?

    Richard Kauffman ’83 explains how the New York Green Bank has made possible $1.5 billion in clean energy projects that wouldn’t otherwise have happened.

    Solar panels in New York City
  • Are We Asking Too Much of Central Banks?

    Paul Tucker, a former deputy governor of the Bank of England, says that giving central bankers too much power can lead to dangerous unintended consequences.

    Mario Draghi (center), president of the European Central Bank, during a news conference in December 2017. Photo: Alex Kraus/Bloomberg via Getty Images.
  • Experiment to Save an Endangered Fish Holds Lessons for Policymakers

    Randomized control trials may offer a tool for cost-effective, evidence-based policy making and perhaps even a deeper understanding of human behavior.

    A fish vendor in Chile. Photo by Ahmed Mushfiq Mobarak.
  • Lessons for the Crisis Fighters

    Yale SOM’s Andrew Metrick and the Yale Program on Financial Stability are studying the global financial crisis of 2007-09, working to create the knowledge and tools to prepare the next generation of policymakers who find themselves in the eye of a monetary maelstrom.

    The New York Stock Exchange on September 17, 2008. The Dow Jones Industrial Average closed down 449 points, a day after an $85 billion bailout of AIG. Photo: Mario Tama/Getty Images.
  • How Can We Make Elections Work Better?

    We asked Yale SOM faculty in operations, game theory, finance, and design: “What’s one change we could make to improve the way we vote in the U.S.?”

    Voting booths with legs visible.
  • Three Questions: Prof. Jason Abaluck on Short-Term Health Insurance

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

    Patients in the emergency waiting room of John H. Stroger Hospital in Chicago. Photo: Jose More/VWPics via AP Images.
  • Yale Study Finds Twice as Many Undocumented Immigrants as Previous Estimates

    New research suggests that the population of undocumented immigrants in the United States may be 22 million, nearly twice what has been believed.

    A crowded sidewalk in New York city
  • Three Questions: Prof. Barbara Biasi on Teacher Pay

    We asked Barbara Biasi, a labor economist with a focus on education, about this year’s teachers' strikes and the wider implications of how we compensate teachers.

    A teacher in a classroom