We support dynamic ideas through wide-ranging research that embraces both pure theory and applied work where advances in economics can help solve the great challenges of the 21st century. The Institute’s research is interdisciplinary, incorporating concepts from fields including history, political science, psychology, the physical sciences and the humanities.
Research Papers
Working Paper Series
We support in-depth, multidisciplinary research that carefully examines the conceptual frameworks of economic thinking. This series focuses on critical areas in the discipline that are relevant right now. View details
1
Double Whammy: Implicit Subsidies and the Great Financial Crisis
This paper concerns itself with the joint effect of implicit subsidies that are built into the US housing-finance system and financial safety net.
2
Race to the Bottom: Low Productivity, Market Power, and Lagging Wages
“Dualism” in the structure of production across sectors of the US economy, employment by sector, productivity levels and growth, real wages, and intersectoral terms-of trade increased markedly between 1990 and 2016.
3
Social Stability and Resource Allocation within Business Groups
Using datasets on transactions within business groups and social sentiment in China, I show that state-owned enterprises (SOEs) use internal funds to address social unrest, complying with the government’s political goals.
4
The Subversion of Shareholder Democracy and the Rise of Hedge-Fund Activism
This paper explains how hedge-fund activists are exerting power over corporate resourceallocation far in excess of the actual voting power of their shareholdings.
5
Too Big to Fail Banks' Regulatory Alchemy
Converting an Obscure Agency Footnote into an “At Will” Nullification of Dodd-Frank’s Regulation of the Multi-Trillion Dollar Financial Swaps Market
6
Labor Institutions and Development Under Globalization
Labor market regulation is a controversial area of public policy in both developed and developing countries.
7
Citation Counts: Consequences on the Development of Economics
A presentation from the panel “Research Evaluation in Economic Theory and Policy Making” at the 2018 G20 Global Solutions Summit in Berlin
8
Performance-Based Incentives, Research Evaluation Systems and the Trickle-Down of Bad Science
Alberto Baccini’s presentation for INET’s panel on research evaluation at the G20 Global Solutions Summit in Berlin, May 2018.
9
The Focus of Academic Economics: Before and After the Crisis
Has the global financial crisis of 2007 had a visible impact on the economics profession?
10
Capitalism in the age of robots: work, income and wealth in the 21st-century
Adair Turner, Chair of the Institute for New Economic Thinking, Lecture at School of Advanced International Studies, Johns Hopkins University, Washington DC April 10th 2018
11
Where Do Profits and Jobs Come From? Employment and Distribution in the US Economy
“Meso” level analysis of 16 producing sectors sheds light on broad forces shaping growth of employment and profits.
12
A Distorting Mirror: Major Media Coverage of Americans’ Tax Policy Preferences
Over the last four decades, Americans have consistently told pollsters that they favor higher taxes on business and the wealthy, even as tax policy has moved sharply in the other direction.
13
Corporate Scandals and Regulation
Are regulatory interventions delayed reactions to market failures or can regulators proactively pre-empt corporate misbehavior?
14
The Price of a Vote: Evidence from France, 1993-2014
Money in politics is not a strictly American phenomenon. In France, despite strong campaign finance laws, campaign donations have a direct influence on legislative and municipal election results.