Consumer demand is a driving force of economic growth, accounting for about two-thirds of the US economy. So when policymakers want to determine how a particular fiscal or monetary policy will land, ...

If you’re not sure quite how to peg the economy these days, you have plenty of company among many middle-class Americans working to get ahead. On one hand, jobs are plentiful and growth is solid. On ...

For many Americans, the image associated with “spaghetti” is likely to be a heaping plate of steaming pasta smothered in tomato sauce, maybe with a few meatballs and a sprinkling of parmesan cheese.

Moving from one job to another can be good for productivity. In fact, policymakers should promote employment mobility—especially among the young, women, and highly skilled workers, suggests research ...

Shrinkflation—when companies cut the size of their products but keep the price the same—has become increasingly common in recent years. In 2023, Folgers decreased the volume in its coffee containers, ...

Since 2015, Chicago Booth’s Board Fellows Program at the Rustandy Center for Social Sector Innovation has prepared over 600 ...

The program for underrepresented students in economics will expand its support as it transitions to its new home at the ...

As many provisions of the 2017 tax reform are set to expire, experts and policymakers are debating what should come next. Given how much money is at stake, the opportunity to reform the code has been ...

In this paper, we consider a classic periodic-review lost-sales inventory system with lead times, which is notoriously challenging to optimize with a wide range of real-world applications. We consider ...

AI is not only transforming technology but also offering profound insights into decision-making, habits, and social dynamics. This collection of research papers dive into how AI models and techniques ...

In this issue, we explore whether US productivity growth is about to take off, how central bankers can benefit from consumer surveys, and why price gouging doesn’t deserve its bad rep.

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