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The Digest

A free monthly publication featuring non-technical summaries of research on topics of broad public interest
Milwaukee's public schools raised their productivity quickly and dramatically in response to competition and ... the Milwaukee schools that faced the most competition raised their productivity the most. In School Choice and School Productivity (Or, Could School Choice be a Tide That Lifts All Boats?)(NBER Working Paper No. 8873) author Caroline Hoxby calculates that average school productivity -- that is, student achievement per dollar spent -- was about 65 percent...

Research Summaries

Firms in which foreigners have a substantial ownership share have markedly higher productivity than those that are domestically owned. In East Asia, particularly among the least-developed countries, companies that compete in export markets and firms with foreign ownership exhibit much higher levels of productivity than other enterprises, an indication of the benefits that can accrue to relatively poor countries as they integrate into global markets. This is the...
Suicidal behavior among college students is lower where the price of beer is higher. Each year more American young people die from suicide than from all other leading natural causes of death combined. In 1997, a sobering 13 percent of deaths among 15 to 24 year olds were the result of suicide. Survey data suggest that between 12 and 25 percent of school age youth consider suicide or make plans to commit suicide. Furthermore, the rate of youth suicide is on an upward...
The $1/day poverty rate has fallen from 20 percent of the world's population to 5 percent over the last 25 years and the $2/day poverty rate has fallen from 44 percent of the world's population to 18 percent. It is widely assumed that the rate of income inequality and poverty in the world is increasing dramatically, in large part because of globalization. For example, the 1999 issue of the United Nation's Human Development Report states that the income of the richest...

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