Conflicts might be less intense in societies that are more heterogeneous for ethnic or cultural reasons. That is one of the conclusions of research
Gifts to elderly parents from their adult children are often motivated by the latter''s expectations of what they may receive in return. That is
Finding a job is not significantly harder for young people: what is important is staying in the job. And the relatively low employment rates
Agreements to liberalise trade between groups of countries will boost wages in the partner countries but harm third countries excluded from the agreement. That
The negative effects of a regional resource boom on the local manufacturing sector – a phenomenon that economists call ''Dutch disease'' – can be
Balance sheet policies, such as quantitative easing, can be an effective alternative tool for stimulating the economy when the interest rate set by the
Firms with market power delay changing their prices following a cost change, while more competitive firms do not. That is the central finding of
Higher national income growth leads to increases in countries' population growth. That is the central message of research by Professors Markus Brückner and Hannes
When large retailers join forces to negotiate with suppliers, it is not necessarily the consumer who benefits. That is the central finding of research
When collecting survey data on consumers'' beliefs about the economy, rewarding them based on the accuracy of their reported expectations improves the quality of
The poorer parts of Brazilian society prefer a presidential system of government to a parliamentary one, according to research by Marcos Yamada Nakaguma, which
Cutting back on excessive working hours leads to healthier and more productive workers, according to research by Professor John Pencavel, published in the December
