The Latest

A family eating at the dinner table Research Brief / Politics

Holiday Meals Shortened by Political Divide

Cell phone location data and local voting records measure discord

LED stock market ticker Research Brief / Stock Returns

Low-Quality Earnings: The Uncoupling of Stock Price from Fundamentals

Studying Chinese A and B shares reveals investor uncertainty

Illustration of a guillotine Research Brief / Cultural History

Beyond Angry Mobs: Intellectuals in the French Revolution

History’s Encyclopédie subscribers are matched to grievances against the monarchy

Illustration of two people pushing two puzzle pieces together with a dollar sign in the middle Research Brief / Mergers and Acquisitions

Do Hospital Mergers Really Cut Health Care Costs?

Matt Schmitt finds that size and location help determine how much, if any, costs fall after deals

Inverted image of a calculator Research Brief / Taxes

Boo! Does Merely Mentioning an Audit Increase Taxpayer Compliance?

Research undermines the notion that companies coldly calculate tax avoidance

Hospital building Research Brief / Mergers and Acquisitions

How Antitrust Thinking on Hospital Mergers Has Been Forced to Evolve

Matt Schmitt’s research shows hospital prices rise after acquisitions, even where local competition is unchanged

Illustration of buildings Research Brief / Behavioral Economics

$54,000 a Year: It Feels Like More If Your Neighbors Make Less

Ricardo Perez-Truglia’s research uses relocation choices of medical residents to study feelings about relative income

Illustration of a man reaching for cherries on top of a pile of math symbols Feature / Productivity

Picked All the Low-Hanging Fruit? Finding Opportunity in Mathematical Models

After management does its best, new analytical approaches take effectiveness up another notch

Bird's eye view of a suburb Research Brief / Housing

The Housing Meltdown Would Have Been Far Worse Without California’s Anti-Foreclosure Laws

Restraining lenders saved hundreds of billions in home value

Illustration of two dice Research Brief / Investing

You Call That Fun? Why Individual Stock Investors Bother

Avanidhar Subrahmanyam studies how some investors’ gambling mentality affects share prices

Monochrome picture of children cheering Research Brief / Investing

When Younger Investors Overreact to News, Others Feel It

Inexperienced investors, lacking historical context, impact markets

A city electrical blackout from above at night Research Brief / Energy

A More Efficient Way to Help Utilities Share the Inconvenience of Power Outages

This model could enable power companies to lower the cost of peak electricity

Closeup shot of newspapers Research Brief / Finance

Does Big News Drown Out Corporate Earnings Disclosures?

Henry Friedman’s research finds, surprisingly, that major economic news actually heightens attention paid to company announcements

Chinese investors having a discussion Research Brief / Investing

In China, Big Investors Have Brilliant Timing ― Or Do They Know Someone?

A scan of a million brokerage accounts finds the wealthy trade ahead of market-moving news

Illustration of one person pointing, another sitting, and wearing a tie with a briefcase Research Brief / Workplace

Bystanders Are Tougher than Victims in Punishing Office Misbehavior

Research looks beyond management to measure how co-workers police each other

Women Unite protest Research Brief / Gender Gap

Perceived Gender Equity: How 2016’s Election Widened a Gap

How vote outcomes affect feelings about society