22 Feb 2017 Not All Immigrants Are Equal: When Legalized, They Commit Half the Crimes Paolo Pinotti analyzed the behavior of those that obtained a residence permit in 2007 in Italy and observed a steep fall in economic crimes. But Western societies should choose whether to legalize more of them or enforce stricter immigration policies
30 Mar 2017 Why We Don't Like Decisions Made by Groups A study by Kouchaki, Smith and Netchaeva reveals that, in response to the same unfavorable decision outcome, a group of decision makers is perceived to be less fair than an individual
13 Jan 2017 Seven Times Demography into Thin Air The Alpine Population Conference, which gathers population scholars in La Thuile, crosses the line of the seventh edition
25 Jan 2017 Bribery, a Shortsighted Alternative to Investments A study by Birhanu, Gambardella and Valentini reveals the mechanism behind the relationship between bribery and investment in fixed assets: short term oriented firms prefer to bribe rather than invest, while the opposite is true for firms with a longterm orientation
18 Jan 2017 The Trouble with Wage Flexibility in a Currency Union Wage flexibility is often considered a substitute for exchange rate flexibility in countries that joined a currency union, but a paper by Monacelli and Gali shows that its effects could be negative just when a country surrenders monetary policy. The solution: an expansive fiscal policy
11 Jan 2017 Why the Most Innovative Companies Have Holes in Them Corporations with dense and homogenous internal networks are unlikely to make good use of external knowledge. When networks are more open and workers fill the gaps of their networks by talking to people with different skills, patents production increases