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Macroeconomics

Research Brief

Research Brief

Systemic Risk: It's Not Just in the Financial Sector

After a decade of focus on financial firms, new analysis using an innovative approach and new dataset shows that firms in a diverse range of sectors, such as technology and telecommunications, pose a systemic risk to the economy at large.

Feb 3, 2020
Blog

Australia's Fires, Artificial Intelligence, Fentanyl: RAND Weekly Recap

This weekly recap focuses on Australia's devastating fires, how artificial intelligence could manipulate the masses, the fentanyl crisis, and more.

Jan 24, 2020
Report

Systemic Risk in the Broad Economy

After the 2008 financial crisis, research and policy focused on the risk that heavily interconnected networks could fuel the spread of economic crises—a problem known as systemic risk. A new analysis considers systemic risk in other sectors like technology, telecommunications, and health care.

Jan 21, 2020
Journal Article

Journal Article

Exploring the Use of a General Equilibrium Method to Assess the Value of a Malaria Vaccine: An Application to Ghana

A general equilibrium method was used to quantify the potential impact of a malaria vaccination on the wider economy, using Ghana as an example. Results suggest investing in improving childhood health by vaccinating could have macroeconomic benefits.

Jan 9, 2020
Dissertation

Dissertation

Three Essays on Economic Growth and Human Welfare

Examines the influence of macroeconomic factors on individual welfare.

Oct 11, 2018
Tool

Estimating the Global Cost of Cyber Risk Calculator

This Excel-based modeling and simulation tool estimates present and future global costs of cyber attacks and incidents. Users can also alter assumptions to investigate a wide variety of research questions.

Jan 15, 2018
Report

Report

Estimating the Global Cost of Cyber Risk: Methodology and Examples

This report shares a transparent and adaptable methodology for estimating present and future global costs of cyber risk. The report has a companion Excel-based modeling and simulation platform that allows users to alter assumptions.

Jan 15, 2018
Commentary

The Early Bird Catches the Worm? Probably Not

School start times are becoming a hotly debated topic across the United States. Starting middle and high schools at 8:30 a.m. would improve teen health, and the economic benefits of this shift would likely outweigh the costs.

Sep 12, 2017
Commentary

If Teenagers Get More Sleep, California Could Gain Billions

Two key effects of better-rested teens are improved academic performance and reduced motor vehicle crashes. Delaying school start times to 8:30 a.m. could result in economic benefits that would be realized within a matter of years — $10 billion in California alone.

Sep 7, 2017
News Release

News Release

Shifting School Start Times Could Contribute $83 Billion to U.S. Economy Within a Decade

A state-by-state analysis (in 47 states) of the economic implications of a shift in school start times in the U.S., shows that a nationwide move to 8.30 a.m. could contribute $83 billion to the U.S. economy within a decade. These gains would be realized through higher academic and professional performance, and reduced car crash rates.

Aug 30, 2017
Report

Starting School Later Could Boost the Economy

Moving school start times to 8:30 a.m. could contribute $83 billion to the U.S. economy within a decade. These gains would come from higher academic and professional performance, and reduced car crash rates.

Aug 30, 2017
Journal Article

Journal Article

Portfolio Society: On the Capitalist Mode of Prediction by Ivan Ascher

Book review of Portfolio Society: On the Capitalist Mode of Prediction by Ivan Ascher.

Jun 30, 2017
Dissertation

Three Essays on Growth Econometrics

Three essays exploring large discrepancies between different panel datasets of cross-country estimates of gross domestic product.

Mar 15, 2017
Journal Article

Journal Article

(Un)expected Housing Price Changes: Identifying the Drivers of Small Business Finance

In this paper, we use the Kauffman Firm Survey to examine the effect of housing price changes on small business financial variables.

Jan 10, 2017
Commercial Book

Puzzles, Paradoxes, Controversies, and the Global Economy

In this collection of essays first published between 2007 and 2014, Charles Wolf Jr. shares his insights on the world's economies, including those of China, the United States, Japan, Korea, and India.

Jun 1, 2015
Commentary

Where Keynes Went Wrong

Failure to consider the potentially adverse effect of government spending on the preexisting level of aggregate demand was and remains a disabling flaw in Keynesian theory—then and now, writes Charles Wolf, Jr.

Nov 7, 2011
Report

Report

Macroeconomic Strategy for the 1990s: Getting the Long Run Right

The central economic debate for the first half of 1993, couched in terms of short-run economic stimulus versus long-run deficit reduction was misleading for U.S. long-run strategy.

Jan 1, 1993
Content

Content

Pavan Katkar

Assistant Policy Researcher; Ph.D. Candidate, Pardee RAND Graduate School
Education M.A. in science and security, King's College London; B.E. in information science, National Institute of Engineering, India
Content

Content

C. Richard Neu

Adjunct Staff; Professor, Pardee RAND Graduate School
Education B.S. in economics, California Institute of Technology; M.A. in economics, Harvard University; Ph.D. in economics, Harvard University
Content

Content

Shannon Prier

Quantitative Analyst
Education Master of Public Policy in homeland security and quantitative methods, University of Southern California

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RAND Topic:
Macroeconomics

Topic Synonyms:
Macro-Economics