By Ekaterina Gurkova Spain’s housing boom of the 2000s is usually remembered for rapidly rising home prices, an expanding construction sector, and the severe recession that followed. But the boom also changed an important decision facing several cohorts of young people: whether to pursue higher education or enter the labor market. In her paper, […]
UCLA economist Will Rafey is featured on the American Economic Association’s Research Highlights podcast discussing his research on environmental offset markets and wetland conservation. In the episode, Rafey explains how contracts to remediate or restore Florida wetlands generated substantial private gains from trade while also increasing regional flood damage by shifting wetlands away from areas […]
UCLA Professor Juliana Londoño Vélez has been appointed as associate editor at the Journal of Public Economics.
The paper by UCLA economist Martha Bailey, “The Economics of Childbearing: Trends, Progress, and Challenges,” is featured in a Wall Street Journal article on low fertility rates in the United States. The article highlights Bailey’s analysis of recent declines in U.S. fertility, emphasizing that lower birth rates may reflect delayed childbearing rather than a permanent decision […]
How hidden information shapes match quality in medical education By Martin B. Hackmann Choosing a school, accepting a job, or even starting a relationship all involve the same challenge: finding the right fit. Yet in many important markets, people make these decisions with incomplete information—and, crucially, the gaps run in both directions. In new research […]
The paper “Why Do Workers Dislike Inflation? Wage Erosion and Conflict Costs,” by UCLA Professor Joao Guerreiro and coauthors Jonathon Hazell, Chen Lian, and Christina Patterson, was recently featured in Matthew Yglesias’s Slow Boring blog. The paper argues that standard measures understate the cost of inflation for workers because they often must take costly actions […]
