Improving Introductory Microeconomics Outcomes through Concurrent Support Courses

By George Orlov and Douglas McKee

AEA Papers and Proceedings, May 2026

Math skills are strong predictors of success in economics courses, yet we know little about what kind of support works best for students with weaker quantitative preparation. This study estimates treatment‑on‑the‑treated and intent‑to‑treat effe...

Look Within: Demographic Grouping Masks Inflation Inequality

By Kelsey O’Flaherty

AEA Papers and Proceedings, May 2026

The recent inflation surge prompted renewed assessments of inflation inequality. Examinations of inflation by income or other demographic groups point to a shrinking or stable inflation gap between high- and low-income households in 2022. At the same time...

Early Learning across Decades: Advances in Measuring Head Start Effectiveness

By Chloe R. Gibbs

Journal of Economic Literature

The Head Start program, launched in 1965 and targeted to children from disadvantaged backgrounds, remains the largest early childhood care and education (ECE) program in the United States and the only one deployed at the federal level. As such, the Head S...

Rational Misspecification: Framework and Applications

By Ran Eilat and Kfir Eliaz

American Economic Journal: Microeconomics, August 2026

This paper proposes a framework for assessing whether misspecified decision-makers would be willing to pay for information that can potentially make them less misspecified. We introduce a prior-free approach, based on "constrained" maximal regret, to deri...

Global Imbalances, Tariffs, and Industrial Policy

[Symposium: Tariffs]

By Pierre-Olivier Gourinchas, Gene Kindberg-Hanlon, Manasa Patnam, Lorenzo Rotunno, and Michele Ruta

Journal of Economic Perspectives, Summer 2026

Global imbalances denote the distribution of countries' current account balances, identically equal to the difference between two forward-looking aggregate variables: national saving and domestic investment. Industrial and trade policies have traditionall...

When managers try to keep their best workers from moving into other departments

[Research Highlight]

August 25, 2026

Ingrid Haegele discusses the costs of talent hoarding.

Unconditional Convergence in Manufacturing: A Reassessment

By Berthold Herrendorf, Richard Rogerson, and Ákos Valentinyi

American Economic Review: Insights, September 2026

The movement of labor out of agriculture is a central feature of the development process. A long-held view is that successful development requires that much of the labor released from agriculture be allocated to manufacturing rather than services. Rodrik'...