I n the epilogue of their blockbuster book Mostly Harmless Econometrics (2009), Josh Angrist and Steve Pischke write, “If applied econometrics were easy, theorists would do it.” As academic jokes go, ...

Partha Gangopadhyay does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations ...

Economics is in many ways a novel subject, only gaining momentum in the past 100 years, and only more recently has modern economic theory begun to be developed. On the subject of sustainability, we ...

The Ph.D. program in Managerial Economics & Strategy (MECS), a program offered jointly by the Departments of Managerial Economics & Decision Sciences (MEDS) and Strategy, emphasizes the use of ...

For decades, the influential “broken windows” theory has linked signs of petty crime to bigger problems in a neighborhood. Largely left out of such discussions, however, is the role simple perceptual ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Vol. 48, No. 2, SYMPOSIUM: Two Centuries of Economic Growth: Latin America at its Bicentennial Celebration (NOVEMBER 2011), pp. 181-198 (18 pages) Using modern growth theory, we estimate Colombian ...

Approaches to economic development have overemphasized negative economic freedom for multinational corporations at the expense of a majority of the population in developing countries. An inevitable ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. You may have heard the news that two American economists – Paul Milgrom and Robert Wilson – ...

Over the last two decades or so, quantitative researchers—particularly economists—have wrestled the attention of education policymakers away from teachers and education professionals. Drawing on the ...

David Gorton, CPA, has 5+ years of professional experience in accounting. He teaches accounting, helping promote financial education and awareness. The money supply of a country is a major contributor ...

When reviewing job growth and salary information, it’s important to remember that actual numbers can vary due to many different factors—like years of experience in the role, industry of employment, ...