The short run in economics refers to a period when at least one factor of production remains fixed, limiting a business’s ability to fully adjust to changes in demand or costs. For example, a factory ...

The Morningstar US Market Index has come thundering back since its late March nadir and is now down merely 7% year to date, even as the coronavirus pandemic persists. While many investors are ...

Long-run forecasting seems difficult, especially in light of the challenges of short-term forecasting, such as whether we’ll have a recession, if inflation will come down, or if the Ukraine war will ...

Increases in infrastructure spending are not an effective way to provide short-run stimulus to the economy. Rather, monetary policy and automatic fiscal stabilizers would offer the best short-run ...

We use high-frequency retail microdata to measure the short-run impact of the 2025 U.S. tariffs on consumer prices. By matching daily prices from major U.S. retailers to product-level tariff rates and ...

The Earned Income Tax Credit (EITC) substantially subsidizes earnings for low- to moderate-income families with children in the United States. Research has established that the EITC has positive short ...

In the context of the increasing size and integration of capital markets consisting of bonds, equity, foreign exchange, and financial derivatives and financial intermediaries namely, banks, investment ...