Giving Students a Choice Can Make Schools Better
An analysis of school choice in Los Angeles examines its impact on educational inequality.
Giving Students a Choice Can Make Schools BetterE-commerce’s share of spending has tripled in the past decade. That has implications for many individual companies, both new and old, but it’s also relevant to something broader: price inflation. By constructing a Digital Price Index that approximates the US Bureau of Labor Statistics’ Consumer Price Index, Chicago Booth’s Austan D. Goolsbee and Stanford’s Peter J. Klenow find that inflation is lower online than it is in brick-and-mortar stores—a full percentage point per year lower from 2014–2017, and three percentage points per year lower when new products are factored in. The researchers suggest that this disparity, coupled with continued growth for e-commerce, could influence overall inflation levels in the economy and change how inflation is measured.
An analysis of school choice in Los Angeles examines its impact on educational inequality.
Giving Students a Choice Can Make Schools BetterOne idea for helping consumers avoid debt traps didn’t work in a UK experiment, partly because people didn’t have the funds.
Paying Off Credit-Card Debt May Take More Than a NudgeThe sector’s slowdown is so great it represents a drag on the economy overall.
The Mystery of US Construction’s Declining ProductivityYour Privacy
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