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Research Briefs in Economic Policy

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  • March 5, 2025
    Research Briefs in Economic Policy
    No. 423
    How Much Does the US Fiscal System Redistribute?
    How Much Does the US Fiscal System Redistribute?
    Contrary to widespread belief, the consensus of existing research is that the tax and transfer system redistributes substantially more now than it did in the past.
    By Thomas Coleman and David Weisbach
  • February 19, 2025
    Research Briefs in Economic Policy
    No. 421
    The Effects of a Permanent, Unconditional Cash Transfer Program
    The Effects of a Permanent, Unconditional Cash Transfer Program
    A permanent, unconditional cash transfer program increased recipients’ overall income but displaced some labor income.
    By Sidhya Balakrishnan, Roberta Costa, Johannes Haushofer, & Fábio Waltenberg
  • February 12, 2025
    Research Briefs in Economic Policy
    No. 420
    Does Democracy Enhance Economic Growth?
    Does Democracy Enhance Economic Growth?
    After accounting for sanctions on nondemocratic countries, the effect of democracy on economic growth generally becomes insignificant or negative.
    By Ziho Park
  • January 29, 2025
    Research Briefs in Economic Policy
    No. 418
    Robots and Labor in Nursing Homes
    Robots and Labor in Nursing Homes
    Robot adoption was positively associated with employment and quality of care in Japanese nursing homes.
    By Yong Suk Lee, Toshiaki Iizuka, and Karen Eggleston
  • January 8, 2025
    Research Briefs in Economic Policy
    No. 415
    Behavioral Responses to Wealth Taxation: Evidence from Norway
    Behavioral Responses to Wealth Taxation: Evidence from Norway
    Our research documents a 60 percent increase in average taxable wealth in a Norwegian municipality in response to a 1 percentage point drop in the wealth-tax rate.
    By Roberto Iacono and Bård Smedsvik
  • December 11, 2024
    Research Briefs in Economic Policy
    No. 413
    The Unintended Consequences of Merit-Based Teacher Selection
    The Unintended Consequences of Merit-Based Teacher Selection
    A merit-based teacher-hiring system decreased students’ scores on high school exit exams and their college enrollment and graduation rates.
    By Matias Busso, Sebastián Montaño, Nolan G. Pope, & Juan Muñoz-Morales
  • December 4, 2024
    Research Briefs in Economic Policy
    No. 412
    Neutral Countries’ Supply Chain Responses to Russian Sanctions
    Neutral Countries’ Supply Chain Responses to Russian Sanctions
    Despite sanctions, Russia’s total imports of sanctioned goods did not decrease relative to nonsanctioned products due to trade with nonsanctioning countries.
    By Haishi Li, Yulin Wang, Zhi Li, Jing Wu, & Zibo Park
  • November 27, 2024
    Research Briefs in Economic Policy
    No. 411
    Why Do Banks Fail?
    Why Do Banks Fail?
    Our research finds that bank runs were an uncommon cause of bank failures even before deposit insurance.
    By Sergio Correia, Stephan Luck, and Emil Verner
  • November 20, 2024
    Research Briefs in Economic Policy
    No. 410
    The Effects of Housing Wealth on Health Care Spending
    The Effects of Housing Wealth on Health Care Spending
    Increases in government subsidies for health care likely would not increase access to needed medical care for elderly consumers. 
    By Michael F. Lovenheim and Jun Hyun Yun
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