Page 16 - Economic Behavior News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Jerónimo Carballo, Kyle Handley, Nuno Limão Five years after the Brexit referendum, research has evaluated its impact so far on UK trade. The findings show that the ongoing Brexit uncertainty has already reduced UK trade in goods and services before any actual policy changes took place. This disintegration is present in UK trade, with countries potentially affected by trade policy changes including the EU and other UK preferential trade partners. Firms in these countries faced increased trade policy uncertainty, leading to depressed export investments.  We discuss the importance of policy...

Biden's immigration reforms deserve conservatives' support Print this article On the first day of his presidency, President Biden signed executive orders reversing many of former President Donald Trump’s immigration restrictions and announced plans to introduce major immigration reform legislation. Immigration reform is long overdue, and free-market conservatives should support much of what Biden proposes. One of Biden’s first executive orders reversed Trump’s restriction on immigration from predominantly Muslim and African countries. Those concerned with national security need not wo...

Wolfgang Dauth, Sebastian Findeisen, Jens Südekum, Nicole Woessner The robots are coming. According to a widely cited study, about 47% of total US employment is susceptible to computerized automation (Frey and Rahbari 2016, Frey and Osborne 2017). A heated discussion, stimulated by the current wave of automation, concerns the future of work and society. Recent empirical studies highlight ways that the rising importance of robots in industrial production have transformed the labour market and the economy at large. Following seminal work by Graetz and Michaels (2018), a growing literature has...

Nicolas Ajzenman, Tiago Cavalcanti, Daniel Da Mata Wearing face masks should be considered the least controversial of major public responses to COVID-19. Unlike with many other measures such as shelter-in-place ordinances, lockdowns, or capacity restrictions, there is no trade-off between mask use and economic activity. Several recent studies documented that masks can effectively diminish the spread of a viral respiratory infection (Mitze et al. 2020, Fischer et al. 2020, Chu et al. 2020, Leung et al. 2020), without disrupting economic activity (Howard et al. 2020). By contrast, social dista...

‘The Pandemic Is a Prisoner’s Dilemma Game’ Using game theory, researchers modeled two ways of prioritizing vaccinations, to see which saved more lives. Madhur Anand, an ecologist, right, and Chris Bauch, a mathematical biologist, focus their research on the interplay between human behavior and environment systems.Credit...Ian Willms for The New York Times By Siobhan Roberts Dec. 20, 2020 Madhur Anand, an ecologist, and her husband, Chris Bauch, a mathematical biologist, were optimally situated during the spring lockdown, working from home in Guelph, Ontario, to watch the pande...