New in United States
The Impact of the 2022 Oil Embargo and Price Cap on Russian Oil Prices
How did the 2022 oil embargo and price cap impact Russian oil exports and pricing, particularly in terms of discounts on Urals crude and shifts in bargaining power with India and China?
Not in My Backyard
Rae Ely was a pivotal figure in the early 1970s, leading efforts to preserve Green Springs, Virginia, from proposed developments like a state prison and a strip mine.
Do Employees Cheer for Private Equity?
How do changes in company ownership, particularly through private equity buyouts, affect employees’ perceptions of job quality beyond salary, including factors like work-life balance, culture, and management?
The Economic Impact of Depression Treatment in India
Can understanding the economic impact of depression treatment help alleviate the burden of this pervasive illness in India? This study cross-randomizes pharmacotherapy and livelihoods assistance among 1000 adults in Karnataka, showing benefits in reducing depression severity with combined interventions, although not significantly improving earnings or human capital investment.
New in Other Regions
A statistical approach to law school citation rankings
Do citation rankings truly reflect the scholarly impact of law schools, or are they a statistical mirage with little informational value on faculty quality? Joshua Fischman discusses the statistical underpinnings and substantial uncertainties inherent in law school citation rankings through a novel approach modeling citations as lognormally distributed, questioning the efficacy of common ranking methods.
Displacing the displaced
How did the Covid-19 crisis expose systemic barriers for Syrian refugees in Türkiye, particularly in accessing healthcare and social services, and how have legal policies and asylum regulations, such as registration requirements, exacerbated their vulnerability and restricted access to essential state services during the pandemic?
Who earns the iron rice bowl?
Why are certain college-educated workers in China more likely to secure state sector employment? This study reveals that graduates from less marketable and specific fields have better odds, especially if they have familial ties within the sector, showcasing how educational and family backgrounds influence career paths in the context of China’s market reforms.
EU non-bank finance returns to growth
Non-bank financial intermediation is increasingly crucial for EU credit and financial markets, with 2023 marking renewed growth, but it also presents stability risks, especially through leverage, liquidity mismatches, and interconnectedness; Richard Portes reviews these structural risks, explores developments in private finance and crypto, and emphasizes the need for a holistic view in EU regulatory discussions on non-bank finance.
