The New Keynesian framework implies that sluggish price adjustment results in a distorted allocation of resources. We use a simple model to…
Adverse selection is a classic market failure known to limit or “unravel” trade in insurance markets and many other settings. We show that…
Conflict plays a profound role in the lives of individuals, organizations, and entire societies – and has become an ever-expanding area of…
2023, Paper: "Due to surges in gas and electricity prices in Europe, many households will struggle to heat their homes this winter. This…
/centers/mrcbg/programs/growthpolicy/diabetes-mellitus-and-blood-glucose-variability-increase-30-day
2023, Paper: "The cohort included 1036 patients who received kidney transplantation, 224 (22%) experienced 30-day readmission. The machine…
July 1, 2023, Opinion: "I was sorry but not surprised to see Thursday's Supreme Court decision disallowing affirmative action in college…
Throughout history, economic ideology has swung from one end of the pendulum to the other, from the reification of markets to reliance on…
/publications/affordability-individual-market-health-insurance-california-under-american-rescue-plan
In 2021 the American Rescue Plan Act increased premium subsidies for people purchasing insurance from the Affordable Care Act Marketplaces…
The United Kingdom faces a good-jobs challenge. The British economy falls short on inequality metrics on the one hand, and average…
In the spring of 2023, the Data-Smart City Solutions team at the Harvard Kennedy School (vlog) hosted 30 large-city chiefs of staff at the…