Research

Covid-19 Is Reducing Americans’ Confidence Across Institutions

Latest US household survey findings reveal that the Covid-19 crisis caused a sharp reduction in Americans’ confidence in institutions—whether or not they were directly...

Defying Expectations, Bankruptcy Filings Are Down During the Covid-19 Crisis So Far

Historically, bankruptcy filings have closely tracked the business cycle and unemployment rates. However, a recent study found that this relationship has reversed during the...

Central Bankers Face Potential Conflict of Interest When Writing About QE Policies

As Quantitative Easing makes a return during the global Covid-19 pandemic, its effectiveness has once again come under intense debate in both academic and...

Regulators Should Keep a Close Eye on the Little Guys in the Race for a Covid-19 Vaccine

As the race to find a Covid-19 vaccine or treatment rages on, many have raised concerns over trustworthiness of clinical research and questioned whether...

Pursuing Stakeholder Capitalism Is an Impossible Task When Stakeholders Have Different Beliefs

Can companies really attempt to benefit all stakeholders, when stakeholders rarely agree on the best course of action? A new study examines Walmart’s 2019...

The Illusory Promise of “Stakeholderism”: Why Embracing Stakeholder Governance Would Fail Stakeholders

Stakeholderism—granting corporate leaders discretion to give weight to the interest of all stakeholders—should not be expected to deliver its purported benefits to stakeholders. Furthermore,...

Competition in Digital Markets: What Have We Learned So Far?

A new Stigler Center working paper systematically analyzed and summarized 21 reports issued by 17 antitrust authorities and expert panels on the subject of...

Social Distancing Laws Cause Only Small Losses of Economic Activity: Scandinavian Countries as a Case Study

A new study compares the economic performance of Sweden, which avoided a government-mandated shutdown and allowed businesses to operate freely during the Covid-19 pandemic,...

When Big Tech Firms Buy Startups, Antitrust Enforcers Should Take Notice

A frequent argument made in favor of allowing Big Tech firms to acquire smaller firms is that permissive merger policy promotes innovative entry. A...

The Persuasive Effect of Fox News: How Increases in Fox News Viewership Reduced Compliance With Social Distancing Guidelines

Using zip-code level data on Fox News viewership and individual cellphone movement data, a recent study finds that increasing the local viewership of Fox...

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