National Bureau of Economic Research

The Netherlands spends more per capita on publicly funded elder care than any other country, yet nearly half of elderly Dutch residents still rely on informal family and friend care. In the U.S., over 80% of elderly individuals needing care depend on kin, challenging the misconception that professional care is more prevalent. The article highlights that even with higher public investment, informal care remains dominant globally.

Ten years after Brexit, Britain faces economic struggles including anemic growth, high taxes, and strained public services, with business leaders expressing frustration over unmet promises. The UK's departure from the EU led to increased trade costs and a loss of wealth, according to economists and a recent report.

Britain's economic struggles a decade after Brexit have led to frustration among business leaders, with promises of economic growth unfulfilled. Experts attribute the weakened economy to Brexit's impact on trade and prosperity.

A decade after Britain's Brexit vote, business leaders from opposing sides of the debate express frustration over unmet economic promises. The article highlights sluggish growth, high taxes, and challenges like restricted EU market access, with experts citing long-term wealth losses due to Brexit.

Britain's economic struggles post-Brexit have led to frustration among business leaders from both sides of the 2016 vote. Promised economic benefits have not materialized, with anemic growth, high taxes, and strained public services, while economists highlight long-term wealth losses from leaving the EU single market.

A study by the National Bureau of Economic Research found that middle-aged adults using GLP-1 drugs for obesity could save $192,735 in lifetime medical costs on average, with higher savings ($220,000) for those without college degrees. The study attributes these savings to GLP-1s' direct impact on appetite and metabolism, which benefits individuals with limited time for diet/exercise regimens.

The U.S. birth rate has declined by 22% since 2007, with a study suggesting smartphones, including the iPhone, may account for nearly half of this drop by reducing relationship formation and partnered intimacy. The National Bureau of Economic Research paper highlights factors like increased access to pornography and reduced social contact as contributing to the decline.

A study suggests the iPhone may account for 33-52% of the U.S. birth rate decline between 2007-2011 by reducing in-person interactions and increasing pornography use. The research, from the National Bureau of Economic Research, notes a 22% overall fertility rate drop since 2007 but hasn't been peer-reviewed.

Retiring at 62 instead of 67 costs the average American $250,000 over their lifetime due to reduced Social Security benefits, increased longevity risk, and cognitive decline. The retirement age of 65 originated in 1889 with Germany’s pension system and was adopted by the U.S. in 1935, but modern life expectancy now makes it financially risky.

Kalshi performed similarly to experts on a key jobs forecasting test, indicating no significant difference in their abilities. The test results showed that Kalshi's predictions were comparable to those of experienced forecasters. This suggests that Kalshi's methods may be effective, but not exceptionally better than traditional expert forecasting.

A new study found that President Trump's immigration crackdown has not expanded job opportunities for American workers and is associated with an employment drain for some U.S.-born men. The research suggests that ICE activity led to a negative impact on employment of U.S.-born working men with at most a high-school education. There is no evidence that employers have driven up wages to attract U.S.-born workers.

The article discusses the relationship between employment and cognitive decline, citing evidence from labor market shocks. It is based on a paper from the National Bureau of Economic Research. The study explores how employment affects cognitive decline.