11 January 2017
A study by David Berger
, Nicholas Turner
, and Eric Zwick
estimates that the First-Time Homebuyer Credit induced a cumulative increase in home sales of between 7.8 and 10.7 percent nationally. The program likely sped the process of reallocating homes from distressed sellers to new buyers, which stabilized house prices.
10 January 2017
For women born prior to the 1950s, employment increased from their 20s until their 40s, then hit a peak, and began declining when these individuals reached their 50s. According to research by Claudia Goldin
and Joshua Mitchell
, a new lifecycle of women’s employment emerged with cohorts born in the 1950s: initially high and flat, with a dip in middle-aged and a slow decline over a longer period than for older cohorts.
9 January 2017
Industrial clusters are promoted by Chinese policy and generally viewed as having increased growth and development, but Wyatt J. Brooks
, Joseph P. Kaboski
, and Yao Amber Li
find evidence of non-competitive pricing within some clusters. The level of non-competitive pricing is about four times higher in Chinese special economic zones than outside those zones.
6 January 2017
, Johanna Catherine Maclean
, Bill J. Wright
, Eric S. Wilkinson
, and Kevin Volpp
find that a value-based insurance design program implemented between 2010 and 2013 at a large public employer in Oregon significantly reduced utilization of targeted services that were believed to be of low value and overused.
5 January 2017
labor force participation, up to 50 years later, according to a study by Andrew Goodman-Bacon
. The return on government outlays to provide childhood coverage is between 2 and 7 percent per year, mostly as a result of lower cash transfer payments.