In the ever-evolving landscape of global economics, the concept of wealth distribution has taken center stage. One policy that has garnered attention is profit-sharing, especially in its mandatory form. The research paper titled “The Effects of Mandatory Profit-Sharing on Workers and Firms: Evidence from France” by Elio Nimier-David, David Sraer, and David Thesmar offers a deep dive into this subject. Let’s unpack their findings. Historical Background of Profit-Sharing in

Introduction In the complex domain of health insurance, adverse selection persistently surfaces as a critical issue, influencing pricing and product allocation among consumers. The research paper, “The Incidence of Adverse Selection: Theory and Evidence from Health Insurance Choices,” authored by Michael Geruso, Timothy Layton, and Adam Leive, meticulously explores the multifaceted implications of adverse selection, particularly its impact on pricing and product allocation among consumers, and its distributional consequences.

In a world where financial boundaries are constantly blurring, understanding the nuances of global capital allocation has never been more critical. The recent NBER research report by Sergio Florez-Orrego, Matteo Maggiori, Jesse Schreger, Ziwen Sun, and Serdil Tinda sheds light on this intricate landscape, offering a road map for future research and policy implications. Let’s delve into the key takeaways from this comprehensive study. The Surge in Cross-Border Investments

Seasonal allergies, a common adversary for many, have far-reaching implications that extend beyond sneezes and itchy eyes. A groundbreaking study titled “Invisible Killer: Seasonal Allergies and Accidents” by Mika Akesaka and Hitoshi Shigeoka delves deep into the unseen repercussions of pollen exposure, unveiling a peril that is more significant than previously perceived. The Underestimated Impact of Pollen Traditionally, the societal cost of pollen exposure has been measured in terms

September 9, 2023 – In a thought-provoking research paper titled “Retirement Consumption and Pension Design,” the National Bureau of Economic Research (NBER) delves into the intricacies of retirement planning and pension structures. This study, authored by Jonas Kolsrud, Camille Landais, Daniel Reck & Johannes Spinnewijn, offers valuable insights into how individuals’ retirement consumption patterns are influenced by the design of pension systems. The Research Paper The full research paper can be accessed here,

Insurance and Propagation in Village Networks, NBER working paper: non-insured events have a lasting impact on the entire supply chain.

The Washington, D.C.-based National Bureau of Economic Research (NBER) in September 2019 published a working paper, The Impact of Brexit on UK Firms, authored by Nicholas Bloom, Philip Bunn, Scarlet Chen, Paul Mizen, Pawel Smietanka, and Gregory Thwaites. The authors identify three key results from a survey of UK firms, the Decision Maker Panel. According to the abstract of the 59-page article: “First, the UK’s decision to leave the