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Research Highlights

Purdue University Research Center in Economics (PURCE) research focus areas include competition, crime, education, fiscal policy, health, innovation, market solutions, state policies, trade, and work.

Below, please find recent research stories highlighting the work of our faculty affiliates.

  • vegetables

    Timing of Benefit Distribution has Major Effect on Crime

    Wednesday, November 30, 2022

    In order to estimate the effects of Supplemental Nutrition Assistance Program, or SNAP, receipt on crime, Purdue Associate Professor of Economics Dr. Jillian Carr and coauthor Dr. Analisa Packham of Vanderbilt University focus on policies that change the timing of benefit distribution.

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  • airplane

    New Research Predicts Post-Merger Airline Behavior

    Monday, November 7, 2022

    In the United States, mergers that are likely to lessen competition are prohibited because they expose consumers to higher prices and/or inferior products and services. In the airline industry, anticompetitive mergers can lead to higher ticket prices and fewer choices for travelers. This is especially true when the newly joined airlines are the only nonstop carriers along a route. If flying nonstop is a priority for passengers, they are now at the mercy of a carrier that can set its ticket prices above the previous rate.

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  • A Better Way to Detect Employment Discrimination, Employer Preferences

    Wednesday, September 7, 2022

    Economists typically rely on “correspondence audit studies” to examine discrimination and analyze how different candidate characteristics are valued by employers. Despite its strengths, this approach has some glaring issues that make a new method of obtaining the same important insights invaluable.

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  • social security application

    Retirement Risks: Research finds that claiming benefits early increases mortality for men

    Tuesday, August 30, 2022

    If your year-end goals include planning for retirement, you might want to rethink your options for when to start claiming benefits. In “The Mortality Effects of Retirement: Evidence from Social Security Eligibility at Age 62,” published in the Journal of Public Economics, Krannert researcher Tim Moore and colleague Maria Fitzpatrick of Cornell University show that declining labor force participation leads to an immediate jump in mortality.

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  • Boy crying outside school

    Bullying in School Hampers Skill Development, Healthy Adulthood

    Friday, May 20, 2022

    Kids who experience bullying are victims of injury or discomfort from peer teasing, harassment, and physical abuse. While some costs of bullying – school absenteeism, suicidal thoughts and actions – have been documented, little research has been done on the two-way relationship between bullying and skill accumulation in children. Miguel Sarzosa, an assistant professor of economics at Purdue University, finds that victimization depletes an average middle school child’s non-cognitive skills by 40 percent. This skill depletion causes the child to become 34 percent more likely to experience bullying again.

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  • GPAs, College Graduation Rates are up – While our Standards are Down

    Friday, May 20, 2022

    More and more college students are getting good grades, and more and more college students are passing the graduation finish line, diploma in hand. These trends cannot be explained by improved school resources or student characteristics like time spent studying, employment during college, or better college prep courses.

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  • Better Work Schedules: A Hidden Benefit of Immigration

    Wednesday, May 18, 2022

    Economists have studied the effects of immigration on labor markets for a long time, especially how immigration impacts wages and human capital. However, research on how immigration affects non-wage job characteristics is less common, and the effects of immigrant workers on native job amenities is studied even less. Associate Professor of Economics Timothy Bond and his fellow researchers provide a theoretical framework for understanding how immigrants impact native job amenities.

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  • teen drivers

    Nighttime Driving Restrictions Reduce Accidents, Deaths Among Teen Drivers

    Sunday, May 1, 2022

    In most countries, traffic accidents are teenagers’ leading cause of death, with risky driving accounting for a large fraction of those teen deaths. Driving restrictions have been implemented by many governments to reduce these risks, with varying degrees of success. New research from Purdue University’s Timothy Moore finds that a ban on nighttime driving with multiple passengers more than halved crashes, casualties, and deaths targeted by the ban.

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  • Even During a Financial Crisis, Physicians have Patients’ Best Interests at Heart

    Friday, April 22, 2022

    Research from a Purdue University finance expert answers a somewhat dark question: do financial shortfalls at hospitals lead to physicians favoring more expensive procedures to compensate for a weak bottom line?

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  • Mortgage Refinancing

    Neighbors’ Decisions – and Race – Matter for Mortgage Refinancing

    Wednesday, March 23, 2022

    Properly refinancing a mortgage can lead to lower mortgage payments and better interest rates. However, new research shows that refinancing decisions are influenced by one’s neighbors, especially if they belong to the same racial group. In his paper “Household Mortgage Refinancing Decisions Are Neighbor Influenced, Especially Along Racial Lines,” soon to be published in the Journal of Urban Economics, Purdue Assistant Professor of Management W. Ben McCartney and his fellow researchers examine how a homeowner’s immediate neighbors impact mortgage refinancing decisions.

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  • Import inspectors

    Risk Management Streamlines Import Inspections

    Tuesday, March 1, 2022

    International trade is complicated. Thousands of products sourced from dozens of countries involving multiple trading companies can lead to uncertainty about compliance with import regulations. Inspecting shipping containers is critical to ensure a safe trading environment and proper tariff enforcement, but it is difficult for inspecting agencies and inspectors to balance these benefits against the strain that frequent inspections impose on international trade.

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  • Stay at home traffic sign

    COVID-19 Policies Should Vary by Location to Mitigate Negative Economic Effects

    Tuesday, March 1, 2022

    Balancing the impacts of public policy on people’s health and their wallets has become even more relevant since the onset of the COVID-19 pandemic. Stay-at-home orders were widely implemented in the US to combat the spread of the virus, but their benefits came at costs to employment, earnings, and spending felt by millions of people.

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  • Researchers including Krannert's Tim Bond have found that it is nearly impossible to draw definitive conclusions from happiness surveys

    Face Facts: The sad truth about measuring happiness

    Wednesday, January 12, 2022

    We are fascinated by happiness, that elusive life goal. Why are some people — and entire countries — happier than others? The results of happiness surveys are more than a favorite internet trending topic, however. According to a recent study co-authored by Tim Bond, an associate professor of economics at the Krannert School of Management and a faculty affiliate of the Purdue University Research Center in Economics, happiness scales could also have profound impact on public policy.

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  • children being creative

    The Long-Lasting Benefits of Childhood Creativity

    Wednesday, December 1, 2021

    New research from Purdue University's Krannert School of Management finds that individuals who are more creative at age 7 tend to have higher career earnings and land in better-quality jobs. Childhood creativity also boosts education attainment. Parents and educators can foster creativity in children by encouraging independent thinking and recognizing creative success.

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