Political Economy

Economics is a discipline concerned with the consumption, production, and transfer of wealth by and among individuals (microeconomics) and communities or nations (macroeconomics); subspecialties range from economic development and planning to health economics and international economic relations. RAND's many economists contribute to multidisciplinary research projects by exploring the intersections where economics informs social, military, and governmental policy decisions.

  • Woman using a digital tablet with an elderly man


    Bridging the Global Age Gap

    The Trans-Pacific Partnership offers hope for balancing the world's rapidly aging with its jobless youth. As long-term care for the elderly becomes a pressing need in many developed countries, services such as monitoring and reminding people to take their medications could be provided remotely from countries with an abundance of younger workers.

    Oct 8, 2015

  • Colleagues discussing ideas


    Do Young 'Elites' Favor Income Redistribution?

    Young “elites” — employed Americans who are 40 or younger, with high household incomes and graduate degrees — and especially Democratic elites have a strong preference for income redistribution.

    Oct 8, 2015

  • Investors watch stock information at a brokerage house in Hangzhou, Zhejiang province, August 25, 2015


    China's Currency

    Much of the worry in the United States and elsewhere about China's currency “manipulation” is overblown because a less restricted yuan would more likely be overvalued than undervalued, thereby adversely affecting Chinese trade and exports.

    Sep 28, 2015

  • Report

    STM3 2011 base frequency, mode-destination and car ownership models

    The report documents work to update version 3 of the Sydney Strategic Model (STM3) to work with a 2011 base year instead of a 2006 base year.

    Sep 28, 2015

  • Report

    Sydney Strategic Model Re-estimation: Mode-Destination Model

    This report documents the re-estimation of the mode-destination model components of the Sydney Strategic Transport Model (STM).

    Sep 28, 2015

  • Report

    Time period choice modelling — review of practice

    The report presents a review of the time period choice modelling literature undertaken to inform consideration of whether the Sydney Strategic Travel Model should be extended to model time period choice.

    Sep 28, 2015

  • Report

    Sydney Strategic Model Re-estimation: Licence, Car Ownership and Frequency Models

    This report documents the re-estimation of the licence, car ownership and frequency model components of the Sydney Strategic Transport Model (STM).

    Sep 28, 2015

  • Greek Prime Minister Alexis Tsipras (C) at the first meeting of the new cabinet in the parliament building in Athens, Greece September 25, 2015


    The Greek Tragedy's Next Act Unfolds

    On regaining the mantle of prime minister, Tsipras should expect little, if any, honeymoon from the Greek electorate, as he faces not just the implementation of austerity measures demanded by the International Monetary Fund and the EU: He must also cope with Greece's part of a European migration crisis of historic proportions.

    Sep 27, 2015

  • Chinese President Xi Jinping visits Boeing in Everett, Washington, September 23, 2015


    The U.S.-China Summit Is More Significant for Xi Jinping Than Obama

    The Xi-Obama summit will provide the opportunity to discuss contentious issues like cybersecurity and the South China Sea, as well as other issues, such as climate change and economic cooperation. For Xi, the visit underscores the tremendous importance of messaging to a Chinese audience the narrative of a continued stable and robust partnership with the country that matters most to China politically and economically.

    Sep 24, 2015

  • Chinese President Xi Jinping and First Lady Peng Liyuan arrive at Paine Field in Everett, Washington, September 22, 2015


    Xi's Visit Exposes Mismatch in U.S and Chinese Expectations

    Chinese President Xi Jinping's U.S. visit this week appears to face serious headwinds. Contrasting U.S. and Chinese priorities will likely lead to disappointment on both sides.

    Sep 23, 2015

  • Russian nesting dolls bearing the faces of Russian leaders are displayed in a souvenir shop near Sochi, February 21, 2014


    What Explains Russia's Annexation of Crimea?

    Russia's attitude toward Ukraine is consistent with historical Russian (and Soviet) thinking about security interests and foreign policy. But these patterns are only a starting point for understanding recent events.

    Sep 22, 2015

  • map of united states


    Examining the Impact of the RAND Gulf States Policy Institute

    Established in 2005 after Hurricane Katrina, the RAND Gulf States Policy Institute tackles tough questions in the topic areas relevant to the region's long-term economic development and the well-being of its residents. This overview highlights research projects related to coastal protection and restoration, community resilience, housing, health and mental health, education, and public safety.

    Sep 21, 2015

  • Report

    Returns on research funded under the NIHR Health Technology Assessment (HTA) Programme: Economic analysis and case studies

    The Department of Health (England) requested that RAND Europe conduct an economic analysis and a number of case studies looking at the potential economic benefits of a sample of HTA case studies.

    Sep 18, 2015

  • Research Brief

    Analysing the economic impact of the Health Technology Assessment programme

    RAND Europe analysis of the economic benefits arising from a sample of projects funded through the NIHR Health Technology Assessment programme, and case studies exploring these impacts in more detail.

    Sep 18, 2015

  • Rigging equipment is pictured in a field outside of Sweetwater, Texas, June 4, 2015


    Why Selling Oil from the Strategic Petroleum Reserve Is a Bad Idea

    Some lawmakers are proposing a sell-off of oil from the Strategic Petroleum Reserve to finance highway and bridge work. This is a shortsighted strategy.

    Sep 15, 2015

  • U.S. Senator Ted Cruz (R-TX) addresses a rally against the Iran nuclear deal at the U.S. Capitol, Washington, DC, September 9, 2015


    Congress Should Monitor Iran Deal, Not Keep Trying to Kill It

    If Iranian compliance with the nuclear accord is Congress's goal, then legislators should focus on ensuring that the deal is effectively implemented.

    Sep 12, 2015

  • The costs of the Israeli-Palestinian conflict


    The Costs of the Israeli-Palestinian Conflict

    What are the net costs and benefits to Israelis and Palestinians if the current impasse endures over the next ten years, relative to several alternative trajectories that the conflict could take?

    Sep 8, 2015

  • U.S. Secretary of State John Kerry testifies before a House Foreign Affairs Committee hearing on the Iran nuclear agreement in Washington, July 28, 2015


    The Only Iran Deal Alternative Worth Considering

    Now is the time for Washington to prove its leadership and implement the Iran nuclear deal. The alternative is a major diplomatic defeat for America and an unrestricted Iranian nuclear program.

    Aug 30, 2015

  • Iran flag above Tehran skyline


    A Better Deal for Iran

    It is critical for lawmakers to understand there will be serious consequences for rejecting the Iran deal. And those consequences look a lot worse for the United States and its partners than for Iran.

    Aug 24, 2015

  • Residents do morning exercises at a park on a hazy day in Shenzhen, Guangdong province February 12, 2015


    China at Home: Marrying Prosperity and Well-Being

    As China strives to sustain its upward economic trajectory, it must also address its domestic problems—such as air pollution and the challenges presented by its aging population—if its people are to share fully in the rewards of economic development and expansion.

    Aug 21, 2015