Currency Moves and Company Performance
Also, the continuing impact on the Indian economy of long-ago British rule, Chinese citizen involvement in local government and fallout from the LA wildfires

Big Families — and Overall Population Growth — Lead People to Emigrate
Europe’s Great Migration to North America, 1850-1920, offers lessons for today’s immigration patterns

Testing of Nursing Home Staff Was a Key COVID-19 Mitigation Strategy During the Pandemic. Was It Worth It?
Prior to vaccines, more staff tests per week could have prevented thousands of nursing home deaths, study suggests

Locally, the Extent of British Rule in India Still Holds Back Economic Opportunity
Areas under direct rule lost the components of human capital

The Mechanics of How Social Media Turbocharges Asset Bubbles
Establishment media coalesces around a lone narrative, but online chatter hops between storylines, sometimes shocking traders

As AI Supercharges Finance Research, Will We Believe the Results?
Building benchmarks to guide researchers and validate AI-enabled findings

When Exchange Rates Move, U.S. Companies Feel It — Even More Than Previously Thought
Firm-specific export data enables researchers to potentially solve a puzzle in economics

People Pay for the Right to Bid — and Then Overbid
Bidders sacrifice a better price to avoid ending up with nothing
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Editor's Choice
Dividing Patients Between Telehealth, In-Office Primary Care and Referral to Specialists
Getting the mix right is the goal of a Medicare pilot, which itself could use substantial improvement
Features

Was Research — on Physicians and Noncompete Agreements — Before Its Time?
Years after a paper goes unpublished, it’s fodder for a major Federal Trade Commission proposal

Unearthing the Negative Consequences of Managing to Quarterly Earnings
A 2017 study on workplace injuries spurs more research on perils of corporate short-termism
Research Briefs

LA Residents Exposed to Wildfire Smoke Face Heightened Health and Financial Risk
Far from burn zones, especially for renters and those with iffy credit, money troubles follow fires

A Quiet Expansion of Deposit Insurance Could Disrupt U.S. Banking
Seen as a backstop to small- and midsized banks, the program, allowing insurance in multiples of $250,000, alters banking’s risk calculus

Chinese Citizens, Given Voice in Local Budgeting, Are More Satisfied With Country’s Regime — and Want More From It
Taste of democracy engenders the opposite of cynicism

One Way the Stock Market Sends Signals to Bond Traders
Thin stock trading, amid both price volatility and a period of potential economic change, leads bond investors to seek a higher yield

Why Would a Hedge Fund Manager Reveal Stock Positions?
A model suggests that the data might lead index funds to target those same stocks in oversight of corporate management

As Few as Three Options Can Be Too Many for Online Shoppers
A large field experiment suggests two items is the sweet spot for converting motivated lookers into buyers

The Role of Board-of-Directors Pay in Effective Corporate Investing
A model juggles who should suffer when a project goes awry; job market prospects of the CEO; and the quality of information shared in the boardroom

Think Your Job Is Safe From Robots?
Automation depresses career pay for many workers, notably including those in industries not automating