One of the most spectacular facts of the last two centuries of economic history is the exponential growth in GDP per capita in most of the world. Figure 1 shows the rise (and the difference) in living standards for five countries ...
Economics & Business
May 31, 2019
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186
Job losses during the pandemic were substantially worse among workers in low-paying jobs, leading to a dramatic increase in wage inequality during the early months of the COVID-19 recession, says new research co-written by ...
Economics & Business
Sep 7, 2020
0
18
In a study published in the Journal of the Royal Society Interface in January 2021, SFI External Professor Doyne Farmer, first author Maria del Rio-Chanona, and their colleagues at Oxford University explore the impact of ...
Social Sciences
Feb 17, 2021
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643
Neighborhoods with significant Latino and Asian American populations in Los Angeles County are particularly vulnerable to economic uncertainty during the COVID-19 pandemic, according to a new report sponsored by the Latino ...
Social Sciences
Apr 7, 2020
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Baristas who work in specialty coffee shops, along with hipsters more generally, have been referred to as the "shock troops" of urban gentrification—and it's no different in Philadelphia. These servers of artisanal coffee ...
Social Sciences
Nov 23, 2023
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1
Economic activity is slowing rapidly, both in the United States and around the world.
Economics & Business
Apr 3, 2020
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2
COVID-19 and the growing recession concentrated in the services sector will not just increase social inequality, but accelerate the growing spatial divide in our cities. As our new research report shows, the pandemic's impacts ...
Social Sciences
Aug 3, 2020
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5
Many employees believe their counterparts at other firms make less in salary than is actually the case—an assumption that costs them money, according to a study co-authored by MIT scholars.
Economics & Business
Mar 14, 2024
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12
When a powerful storm flooded neighborhoods in Fort Lauderdale, Florida, in April with what preliminary reports show was 25 inches of rain in 24 hours, few people were prepared. Even hurricanes rarely drop that much rain ...
Environment
Apr 27, 2023
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5
In recent years, debate has been intensifying over whether the noncompete agreements some companies use to bind employees help or hurt workers. It's an issue management professor Evan Starr at the University of Maryland's ...
Economics & Business
Dec 7, 2020
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