We develop an oligopsony model with dynamic wage contracts. Workers decide whether and where to work, choosing among firms providing different amenities and solving a dynamic discrete choice labor ...

Gov. Gavin Newsom is pitching California as a model of entrepreneurial vigor, but the state's economy is actually in an extended slowdown.

Long before Mikhail Gorbachev, Soviet planners and economists engaged in wide-ranging debates about economic reform. But they never seriously considered the option of a genuinely participatory, ...

The Nobel Prize in economics this year went to three thinkers who show us why economies grow and how we can help them do so.

People from cultures that emphasize productive habits tend to advance. The reverse is also true.

Nations grow rich and resilient by building institutions that generate ideas and scale them quickly, while simultaneously ...

The 2025 Nobel Prize in Economics has been awarded to three eminent economists; Joel Mokyr, Philippe Aghion, and Peter Howitt, for their work demonstrating the critical role of public investment in ...

Why are some countries wealthy while others remain poor? What must a nation do for its economy to grow? The origins of modern economics lie in these ...

Growth cannot be measured only in numbers or output. It is a story of renewal - of how societies reorganise, how ideas travel ...

Down to Business with Asli Pelit takes you through the fast-paced (and sometimes confusing) corporate side of women's soccer.

Ghanaians see the evidence of economic wear-and-tear every day . Potholes often appear soon after a road project is ...