Teaching Economics

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Page under construction… populated with some great resources and there are many more to come!!!

World Bank List of Low-Income Economies

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Low-income economies are defined based on GNI per capita, calculated by the World Bank using the World Bank Atlas method.

Previous Data Availability Policy (2005 - July 10, 2019)

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Previous Data Availability Policy (July 2019 - September 2020)

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Remittance rules

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How has the internet changed local sales tax rates?

The Long-Run Impacts of Special Education

By Briana Ballis and Katelyn Heath

American Economic Journal: Economic Policy, November 2021

Over 13 percent of US students participate in special education (SE) programs annually, at a cost of $40 billion. However, due to selection issues the effect of SE placements remains unclear. This paper uses administrative data from Texas to examine the l...

The efficiency of outsourcing

[Research Highlight]

November 09, 2021

Does the government save by hiring private contractors for publicly funded projects?

Cost and Efficiency in Government Outsourcing: Evidence from the Dredging Industry

By Aaron Barkley

American Economic Journal: Microeconomics, November 2021

This paper investigates the how government outsourcing affects efficiency and expenditures by considering how outsourcing decisions are determined along two dimensions: (i) cost differences between private firms and government suppliers of public goods an...

Against their financial interests

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How much do poor people actually support redistribution?

Divergences in life expectancy across US states

[Research Highlight]

November 18, 2021

Christopher Foote and Ellen Meara discuss rising geographic disparities in US mortality.

Getting the help they need

[Research Highlight]

November 17, 2021

How did cuts to special education in Texas affect the long-run outcomes for students?

Front Matter

American Economic Review, December 2021

Synthetic Difference-in-Differences

By Dmitry Arkhangelsky, Susan Athey, David A. Hirshberg, Guido W. Imbens, and Stefan Wager

American Economic Review, December 2021

We present a new estimator for causal effects with panel data that builds on insights behind the widely used difference-in-differences and synthetic control methods. Relative to these methods we find, both theoretically and empirically, that this "synthet...

Sectoral Media Focus and Aggregate Fluctuations

By Ryan Chahrour, Kristoffer Nimark, and Stefan Pitschner

American Economic Review, December 2021

We formalize the editorial role of news media in a multisector economy and show that media can be an independent source of business cycle fluctuations, even when they report accurate information. Public reporting about a subset of sectoral developments th...

Tax Administration versus Tax Rates: Evidence from Corporate Taxation in Indonesia

By M. Chatib Basri, Mayara Felix, Rema Hanna, and Benjamin A. Olken

American Economic Review, December 2021

We compare two approaches to increasing tax revenue: tax administration and tax rates. We show that when Indonesia moved top regional firms into "medium taxpayer offices," with high staff-to-taxpayer ratios, tax revenue more than doubled. Examining nonlin...

Team-Specific Human Capital and Team Performance: Evidence from Doctors

By Yiqun Chen

American Economic Review, December 2021

This paper studies whether team members' past collaboration creates team-specific human capital and influences current team performance. Using administrative Medicare claims for two heart procedures, I find that shared work experience between the doctor w...

Product Innovation, Product Diversification, and Firm Growth: Evidence from Japan's Early Industrialization

By Serguey Braguinsky, Atsushi Ohyama, Tetsuji Okazaki, and Chad Syverson

American Economic Review, December 2021

We explore how firms grow by adding products. We leverage detailed data from Japan's cotton spinning industry at the turn of the last century to do so. This setting allows us to fully characterize the type of differentiation (vertical or horizontal) of ...

M Equilibrium: A Theory of Beliefs and Choices in Games

By Jacob K. Goeree and Philippos Louis

American Economic Review, December 2021

We introduce a set-valued solution concept, M equilibrium, to capture empirical regularities from over half a century of game theory experiments. We show M equilibrium serves as a meta theory for various models that hitherto were considered unrelated. M e...