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What caused the rapid rise of Airbnb and Vrbo (short-term rental market) as rivals to hotels and motels?

The Economics of Short-Term Rentals vs. Hotels

Most consumers are familiar with the popular short-term rental apps Airbnb and Vrbo. What caused their rapid rise in the vacation market? Why has that market cooled in recent years, swinging demand back to hotels?...
4 min read
Understanding the $2T Rescue Package for Covid-19 Relief
Managing the economy Global economics

Understanding the $2T Rescue Package for Covid-19 Relief

Published on June 02, 2020

EU Monetary Policy
Global economics

EU Monetary Policy

Published on March 28, 2020

ECB Quantitative Easing
Global economics

ECB Quantitative Easing

Published on February 04, 2020

Labour Market Flexibility
Global economics

Labour Market Flexibility

Published on February 04, 2020

Phillips Curve
Global economics

Phillips Curve

Published on February 04, 2020

Development Cases
Global economics

Development Cases

Published on February 04, 2020

European Inflation
Global economics

European Inflation

Published on February 04, 2020

Fiscal Stabilisers Discretionary Tax Policy
Global economics

Fiscal Stabilisers Discretionary Tax Policy

Published on February 04, 2020

Tobin tax
Global economics

Tobin tax

Published on February 04, 2020

The WTO's Most Favored Nation Rule
Global economics

The WTO's Most Favored Nation Rule

Published on February 04, 2020

Newer Posts
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Firms can use data analysis to streamline operations, conduct market research, and design more desirable products.

Data as an Input: Returns to Scale in the Information Economy

As firms increase their volume and analysis of consumer data, will they become increasingly efficient at drawing in customers and create natural monopolies in each market? Will smaller firms be able to hold on in our digital analysis age?...
4 min read

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