This paper finds a strong positive correlation between female labor force participation and negative health outcomes for middle-aged men and women, and suggests that this correlation is mediated by household-level stress. At the cross-country aggregate level, I show that labor force [...]
Nalebuff thinks the weight loss will happen only if there is something of importance being risked....he suggested I enter into a contract in which I agree to pay him if I don't drop some pounds. "As much as people don't [...]
the additional cost of a statistical life-year-saved is on the order of $50,000 -- similar to the estimate from health improvements over time, and well below the typical value of a life-year-saved of $100,000.This estimate comes from comparing the mortality of [...]
Can government policies that [...]
Recently, Henry Paulson, the Treasury secretary, [...]
White House hopeful Sen. Barack Obama (D-Ill.) unveiled a package of tax breaks and programs Wednesday in Iowa that he said would help middle-class Americans.
As part of the initiatives, the senator proposed a $1,000 cut on payroll taxes for working families, the elimination [...]
Our first honoree, Dr. Gary Becker, once said, "Many intellectuals, many economists, use obscure language when they write. Sometimes it's a way of disguising that they are not saying a heck of a lot." This economist, however, is different. Gary Becker's many books and [...]
Hello Professor Mankiw,
I am a CPT in the US Army and currently stationed in Baghdad Iraq with the 82nd Airborne Division conducting this 'Surge' mission. I am an Internal Medicine physician by training though acting as a battalion surgeon out here.
My father is [...]
Reactions are mixed on whether people would favour the raising of taxes on [...]
As an investor, you need to perform calculations and have a logical investment thesis. This is your left brain working. But you also need to be able to do things [...]
Today is Jobs Day. Here’s what you need to know about the October employment report:
The budgetary treatment of a federal cap-and-trade system for [...]
Our data reveal a consistent and large adverse effect of corporate taxation on both investment and entrepreneurship. A 10 percentage point increase in the effective corporate tax rate reduces the investment to GDP ratio [...]
Teachers of undergraduate macro could hand out the article and ask students: Is national income accounting as counterintuitive as this article makes it seem?Inflation was low because oil prices surged
The National Confectioners Association estimates that 2005 Halloween sales were $2.1 billion, easily making Halloween the biggest candy season. This year, sales will certainly be higher. What percentage of those sales end up providing candy that individuals don't really like? If my own careful scientific study [...]
[...]
Because blogging is such a personal pursuit, with strong and immediate ego-rewards, it can be irrationally seductive, particularly to highly competitive overachievers. The hazard - and this applies as well to disciplines beyond economics - is that extraordinarily talented individuals may end up, like [...]
Lamont Café, the culinary provider of the undergrad library, serves a gargantuan cream puff. It’s as big as the palm of my hand and as thick as Mankiw's Principles of Economics.[...]
George Stephanopoulos: Let's bring up the point on social security. Barack Obama, taking advice from pundits and advisers to be tougher on Senator Clinton. Yesterday, he said she wasn't truthful on a number of issues. Social security was his number one [...]
Kremlin Secures Price Controls on Food Items Before ElectionsThe basic economics here is straightforward, but apparently it is not widely enough understood among the general population to make this kind of policy a political loser. [...]
Appropriations for U.S. Operations in Iraq and Afghanistan and for the War on Terrorism (Billions of dollars), according to the Congressional Budget Office.If we could pour a five-gallon bucket’s worth of sulfate particles per second into the stratosphere, it might be enough to keep the earth from warming for 50 years. Tossing twice as much up there could protect us [...]
the meager tax take leaves the United States ill prepared to compete. From universal health [...]
Congress should provide a 39-cent tax credit for every dollar of American investment in developing countries. If Company X were to build a [...]
Brad DeLong says I am efficient.
[...]Mr. McCain said in his speech on Saturday that he wanted to push for alternative fuels, but he implied that more needed to be done to protect the environment. [...]
What’s fair? I’d say a 50 percent marginal tax rate on the very rich (earning over $500,000 a year). Plus an annual wealth tax of one half of one percent [...]
This graphic, from the homepage of the Congressional Budget Office, shows estimated year-to-year growth rates in federal outlays and receipts.
You gotta love a guy whose idea of an important life lesson is: “I have always argued that an up-to-date set of the most detailed estimates for the [...]
"I have a million ideas. The country can't afford them all."[...]
- Hillary Clinton, explaining why she has backed away from her baby bonds idea
An international team of researchers including an MIT graduate student has demonstrated for [...]
In advance of the symposium, Summers ran some numbers from the study. He focused on elite graduate universities and on what he defined as core disciplines for undergraduate education (excluding health professions, for example). When conducting such an analysis, Summers said, [...]
[Paul] advances his viewpoint not by misstating facts but by omitting those parts of the past that make history messier.[...]
The Federal Reserve Bank of Cleveland offers a useful service: A prediction of future Fed decisions, as judged by the prices of Fed funds options. It is updated every business day.Individual mandate supporters typically justify the policy by citing the problem of uncompensated care. When uninsured patients receive health services but don't pay for them, the rest of us end up footing [...]
When parents decide to have kids, they are creating a massive benefit for their children. As much as parents may love their children, they are [...]
Think you know who's going to win the Nobel prize in economics? Have a dollar you can afford to lose (to a charity to be named later)? If you answered "yes" to both questions, then click here.he is ready to challenge the European Union to get a quota on foreign players within European teams.I wonder: How many of the Boston Red Sox are native Bostonians?
