The Halloween Indicator, "Sell in May and Go Away": Another Puzzle

By Sven Bouman and Ben Jacobsen

American Economic Review, December 2002

Paranormal stock activity

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An old stock market puzzle is still stumping economists.

CSMGEP Profiles: Susan Collins

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Fragile innovation

[Research Highlight]

November 01, 2018

This video explains how financial innovation helped cause the 2008 financial crisis.

A shock to civility

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When liberalized trade caused foreign competition to increase in Brazil, crime went up, too.

The heroin balloon

[Research Highlight]

October 30, 2018

A push to make prescription opioids more difficult to abuse touched off a surge of heroin deaths.

2018 China International Conference in Economics

[News]

November 08, 2018

The CICE will be held in Beijing from December 13 - 16, 2018.

Housing inventories, the Kerner Commission Report, and plastic waste

[News]

October 30, 2018

Reading recommendations from Timothy Taylor, managing editor of the Journal of Economic Perspectives

Shadow business

[Research Highlight]

October 26, 2018

How many cartels exist and how important is competition policy to reining them in?

State-unbuilding

[Page]

The Taliban recognized the importance of elections and made them a primary target.

Making economics transparent and reproducible

[Research Highlight]

November 14, 2018

The AEA interviews Ted Miguel about the credibility of economics.

Waiting for the windfall

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How do financial considerations influence discharge decisions at long-term acute-care hospitals?

Macro Marrakech: Sixth Workshop in Macroeconomics

[News]

November 21, 2018

The conference is held in Marrakech, Morocco on May 6-7 in 2019.

Testing the infant-industry argument

[Research Highlight]

November 21, 2018

Can trade protection jump-start an industry?

Man vs machine

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Robots take jobs, but create new ones too. Which will happen faster?

Market Integration, Demand, and the Growth of Firms: Evidence from a Natural Experiment in India

By Robert Jensen and Nolan H. Miller

American Economic Review, December 2018

In many developing countries, the average firm is small, does not grow and has low productivity. Lack of market integration and limited information on non-local products often leave consumers unaware of the prices and quality of non-local firms. They ther...

Helping the "missing middle"

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Lifting people out of extreme poverty will require more than giving poor countries money.