In this episode, Mathilde studies whether jobs supplied locally are protected from globalization and how trade liberalization interacts with labor market regulations and affects wage inequality.
\n\nWorking Paper:
\n“International Trade Responses to Labor Market Regulations”
Most recent version (February 2023):
\nhttps://drive.google.com/file/d/1tuVIbzn9QbplrtmfQalpVGcP3QfC-Xal/view
Recommendation:
\n“Has Globalization Gone Too Far?” (1997) Dani Rodrik
In this episode, Pamela Medina Quispe explores the idea that trade liberalization in Peru negatively impacts women’s participation in the labor market. She points to the increasing presence of the manufacturing industry as a force which is pushing women into an unstable, informal sector.
\n\nWorking Paper:
\n"When Women's Work Disappears: Marriage and Fertility Decisions in Peru”, with Hani Mansour and Andrea Velás
Most recent version (January 2023):
\nhttps://www.dropbox.com/s/qq1f6prrx84q4jr/Draft_MMV_Jan23_topost.pdf?dl=0
Recommendation:
\n“Paco Yunque” (1951) by César Vallejo
Does trade reduce wages? Why? In this episode, Mayara Felix considers the impact of trade liberalization on workers’ wages, and their ability to find gainful employment. Using the example of Brazil, Mayara argues that trade affects a key economic variable: labor market concentration, and explores its consequences on wage inequality.
\n\nWorking Paper:
\n“Trade, Labor Market Concentration, and Wages”
Most recent version (October 2022):
\nhttps://www.mayarafelix.com/papers/Felix_JMP.pdf
Recommendations:
\n“The Second Mother,” by Anna Muylaert (2015)
"This Earth of Mankind” (1980) by Pramoedya Ananta Toer
","summary":"","date_published":"2023-06-21T12:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/adadd9be-7a69-456b-a9af-99fa3e0bb4f9/1ba6ac66-7223-4d73-afd9-635f5a0d94de.mp3","mime_type":"audio/mpeg","size_in_bytes":33402584,"duration_in_seconds":1390}]},{"id":"b7fa2e24-d651-45c5-ad67-c1d7db24434c","title":"Episode 33: Intergenerational Trauma in the Antilles -- with Marie Beigelman ","url":"https://inequalitalks.fireside.fm/33","content_text":"In this episode, Marie Beigelman speaks about the intergenerational traumas and economic gaps borne of slavery and forced labors in the Caribbean—Guadeloupe and Martinique, specifically. She tells us about her ongoing research exploring the effects of slavery on family units’ development and access to economic opportunity. \n\nWorking Paper: \n“Intergenerational Impact of Labor Coercion” \nhttps://mariebeigelman.github.io/research/ \n\nRecommendation: \n“Les Rivières”, by Mai Hua (2019) \nhttps://lesrivieres.maihua.fr/en/ ","content_html":"In this episode, Marie Beigelman speaks about the intergenerational traumas and economic gaps borne of slavery and forced labors in the Caribbean—Guadeloupe and Martinique, specifically. She tells us about her ongoing research exploring the effects of slavery on family units’ development and access to economic opportunity.
\n\nWorking Paper:
\n“Intergenerational Impact of Labor Coercion”
\nhttps://mariebeigelman.github.io/research/
Recommendation:
\n“Les Rivières”, by Mai Hua (2019)
\nhttps://lesrivieres.maihua.fr/en/
In this episode, Marlon Seror explores how one of the most radical social transformations in recent human history affected economic inequality in China. He demonstrates that inequality persisted despite two revolutions in the same century.
\n\nWorking Paper:
\n“Persistence Despite Revolutions”, with Alberto Alesina, David Y. Yang, Yang You and Weihong Zeng
Most recent version (August 2022): https://marlonseror.github.io/papers/Persistence_Despite_Revolutions.pdf
\n\nRecommendation:
\n“To Live” (1992) by Hua Yu
In this episode, Jonathan Colmer explores the intergenerational effects of environmental pollution on economic opportunity. He tells us about his work as co-founder of the Environmental Inequality Lab where he uses census data to determine the link between exposure to air pollution pre-birth and in early childhood of an individual and the economic outcomes of their offspring.
\n\nWorking Paper:
\n“Air Pollution and Economic Opportunity in the United States”, with John Voorheis and Brennan Williams
Most recent version (July 2022): https://drive.google.com/file/d/19zLlSTaSJgs1c3FSHo2_l1xUmgSBJuq2/view
\n\nRecommendations:
\n“From the Inside Out: The Fight for Environmental Justice Within Government Agencies” (2019) by Jill Lindsey Harrison
Banzhaf, Spencer, Lala Ma, and Christopher Timmins. 2019. “Environmental Justice: The Economics of Race, Place, and Pollution.” Journal of Economic Perspectives, 33 (1): 185-208. DOI: 10.1257/jep.33.1.185
\n\nCurrie, Janet, and Reed Walker. 2019. “What Do Economists Have to Say about the Clean Air Act 50 Years after the Establishment of the Environmental Protection Agency?” Journal of Economic Perspectives, 33 (4): 3-26. DOI: 10.1257/jep.33.4.3
","summary":"","date_published":"2023-02-01T12:15:00.000-05:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/adadd9be-7a69-456b-a9af-99fa3e0bb4f9/876c30eb-218a-4c04-aae4-3411128c38a0.mp3","mime_type":"audio/mpeg","size_in_bytes":36703028,"duration_in_seconds":1526}]},{"id":"84d9b9f5-649d-42ea-b251-bf4fb288cba5","title":"Episode 30: The Gender Ask Gap -- with Nina Roussille ","url":"https://inequalitalks.fireside.fm/30","content_text":"Over the past few decades, the raw gender pay gap in the U.S. has decreased significantly. Nonetheless, the residual pay gap, or the chunk of the pay gap that cannot be explained by gender differences, remains the same. Meanwhile, there is extensive research showing that women continue to have lower salary expectations than men - a fact that raises questions about the relationship between women’s salary expectations and the residual pay gap. In this episode, Nina Roussille talks to us about the ask gap, a concept that measures the extent to which women ask for lower salaries in comparison to men. Using data from an online recruitment platform in the U.S., she explains how the ask gap can be used to explain wage\ninequality.","content_html":"Over the past few decades, the raw gender pay gap in the U.S. has decreased significantly. Nonetheless, the residual pay gap, or the chunk of the pay gap that cannot be explained by gender differences, remains the same. Meanwhile, there is extensive research showing that women continue to have lower salary expectations than men - a fact that raises questions about the relationship between women’s salary expectations and the residual pay gap. In this episode, Nina Roussille talks to us about the ask gap, a concept that measures the extent to which women ask for lower salaries in comparison to men. Using data from an online recruitment platform in the U.S., she explains how the ask gap can be used to explain wage
\ninequality.
In this episode, Xiaoyue Shan discusses her research on the ways in which minority status causes women to leave male-dominated fields. She tells us about a field experiment as part of which she examined how gender impacted dropout rates in an introductory economics course, and how she found that female students with higher math achievement and academic potential were nonetheless more likely than male students to drop out of the course.
\n\nWorking Paper:
\n« The Minority Trap: Minority Status Drives Women Out of Male-Dominated Fields »
Most recent version
\nhttps://sites.google.com/view/xiaoyueshan/research?authuser=0
Recommendation:
","summary":"","date_published":"2022-09-28T12:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/adadd9be-7a69-456b-a9af-99fa3e0bb4f9/23ef23da-1372-47a4-bd5b-8a25deafb02c.mp3","mime_type":"audio/mpeg","size_in_bytes":35532128,"duration_in_seconds":1477}]},{"id":"08f9425d-f902-4a1e-91ba-261f1afcd22b","title":"Episode 28: Female-Friendly Jobs: the Power of Unions -- with Lorenzo Lagos","url":"https://inequalitalks.fireside.fm/28","content_text":"In recent decades, gender-based discrimination in the workplace has become a symbol of women’s fight for equality. In parallel, the role of unions in supporting underrepresented workers has grown into an unmatched tool to address inequity and intolerance. In this episode, Lorenzo Lagos tells us about his ongoing work on the power of unions in creating more female-friendly jobs. Looking at the bargaining strategy of Brazil’s largest trade union federation, he finds that including more gender-based quotas and female-centric amenities (childcare, maternity leave, etc.) highly contributes to making workplaces more accessible to women. \n\nWorking Paper: \n« Collective Bargaining for Women: How Unions Create Female-Friendly Jobs », with Viola Corradini and Garima Sharma \n\nMost recent version (September 2022):\nhttps://www.dropbox.com/s/l27gndy0mxyyuze/CBFW_paper_CLS.pdf?dl=0 \n\nRecommendation: \n“The Boss of it All”, by Lars Von Trier (2006) \nhttps://www.imdb.com/title/tt0469754/ ","content_html":"In recent decades, gender-based discrimination in the workplace has become a symbol of women’s fight for equality. In parallel, the role of unions in supporting underrepresented workers has grown into an unmatched tool to address inequity and intolerance. In this episode, Lorenzo Lagos tells us about his ongoing work on the power of unions in creating more female-friendly jobs. Looking at the bargaining strategy of Brazil’s largest trade union federation, he finds that including more gender-based quotas and female-centric amenities (childcare, maternity leave, etc.) highly contributes to making workplaces more accessible to women.
\n\nWorking Paper:
\n« Collective Bargaining for Women: How Unions Create Female-Friendly Jobs », with Viola Corradini and Garima Sharma
Most recent version (September 2022):
\nhttps://www.dropbox.com/s/l27gndy0mxyyuze/CBFW_paper_CLS.pdf?dl=0
Recommendation:
\n“The Boss of it All”, by Lars Von Trier (2006)
\nhttps://www.imdb.com/title/tt0469754/
Starting Wednesday, September 14th, InequaliTalks is starting its first spotlight series. To begin, we will be looking at gender inequality and interviewing three scholars whose research looks at the intersection of economics and patterns of gender inequality: Lorenzo Lagos, Xiaoyue Shan and Nina Roussille. Make sure to tune in!
","summary":"","date_published":"2022-09-09T12:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/adadd9be-7a69-456b-a9af-99fa3e0bb4f9/9ebe829c-63c7-4c37-b680-9d374b68b3f0.mp3","mime_type":"audio/mpeg","size_in_bytes":898129,"duration_in_seconds":44}]},{"id":"f80a091f-641f-4cff-92d4-a8a8798df2e0","title":"Episode 26: What happens when big companies increase wages? -- with Ellora Derenoncourt ","url":"https://inequalitalks.fireside.fm/26","content_text":"In recent years, decreasing federal minimum wage, low unionization rates and growing outsourcing trends have had some important effects on wage growth in the US low wage sector. As major firms throughout the world come under scrutiny for their failure to compensate their workers fairly, it is becoming increasingly necessary to better understand what motivates companies to mirror other larger firms’ wage changes. In this episode, Ellora Derenoncourt explains that when it comes to wage changes, just a few large employers in the labor market can have substantial ripple effects. Using the examples of firms like Amazon, Walmart and Target, she looks at why some companies feel compelled to follow in the footsteps of larger actors.\n\nWorking Paper:\n“Spillover effects from voluntary employer minimum wages”, with Clemens Noelke, David Weil & Bledi Taska\nhttps://papers.ssrn.com/sol3/papers.cfm?abstract_id=3793677\n\nRecommendation:\n“On the Clock: What Low Wage Work Did to Me and How It Drives America Insane” (2019), by Emily Guendelsberger\nhttps://www.goodreads.com/book/show/42779084-on-the-clock","content_html":"In recent years, decreasing federal minimum wage, low unionization rates and growing outsourcing trends have had some important effects on wage growth in the US low wage sector. As major firms throughout the world come under scrutiny for their failure to compensate their workers fairly, it is becoming increasingly necessary to better understand what motivates companies to mirror other larger firms’ wage changes. In this episode, Ellora Derenoncourt explains that when it comes to wage changes, just a few large employers in the labor market can have substantial ripple effects. Using the examples of firms like Amazon, Walmart and Target, she looks at why some companies feel compelled to follow in the footsteps of larger actors.
\n\nWorking Paper:
\n“Spillover effects from voluntary employer minimum wages”, with Clemens Noelke, David Weil & Bledi Taska
\nhttps://papers.ssrn.com/sol3/papers.cfm?abstract_id=3793677
Recommendation:
\n“On the Clock: What Low Wage Work Did to Me and How It Drives America Insane” (2019), by Emily Guendelsberger
\nhttps://www.goodreads.com/book/show/42779084-on-the-clock
How do beliefs shape and determine our attitudes towards policies? In this episode, Thomas Douenne looks at carbon taxation in the context of the Yellow Vest Movement, and how French people rejected a tax & dividend policy which they assumed would negatively impact their purchasing power.
\n\nWorking Paper:
\n“Yellow Vests, Pessimistic Beliefs and Carbon Tax Aversion”, with Adrien Fabre
\nhttps://www.aeaweb.org/articles?id=10.1257/pol.20200092&&from=f
Recommendation:
\n“The Tyranny of Merit: What’s Become of the Common Good?” (2020) by Michael J. Sandel
\nhttps://www.goodreads.com/book/show/50364458-the-tyranny-of-merit
What are racial covenants? How do they target specific ethnic and religious minorities? And how do they affect present-day economic outcomes? In this episode, Aradhya Sood tells us about her research on the prevalence of racially-restrictive covenants during the early-to-mid 20th century, and how these contracts continue to impact house prices and promote racial segregation today.
\n\nWorking Paper:
\nLong Shadow of Racial Discrimination: Evidence from Housing Covenants, with William Speagle and Kevin Ehrman-Solberg
\nhttps://drive.google.com/file/d/1J8KdEYskg4l2WvBTOESTogftChaYr8yo/view
Recommendation:
\nSegregation by Design: Local Politics and Inequality in American Cities, Jessica Trounstine (2019)
\nhttps://www.cambridge.org/core/books/segregation-by-design/9CEF629688C0C684EDC387407F5878F2
In recent decades, firms' decision to rely on contract labor over "in-house" workers has become increasingly prevalent. In this episode, Adrien Bilal tells us about his research on labor outsourcing and inequality in France. He explains that while domestic outsourcing may increase aggregate productivity, it nonetheless leads to oursourced workers suffering important wage losses.
\n\nPaper:
\n“Outsourcing,
\nInequality and Aggregate Output”, with H. Lhuillier (2021)
\nhttps://drive.google.com/file/d/1hqW5FFkGqqdolZdHti4QIvTm6fLdqZvB/view
Recommendation:
\nLes Misérables, Ladj Ly (2019), with Damien Bonnard, Alexis Manenti and Djebril Zonga
\nhttps://www.imdb.com/title/tt10199590/
What is affirmative action? How can it increase the representation of under-privileged groups in a given field? And how might it play out in the higher education sector? In this episode, Ana Paula Melo talks to us about her research on the impact of affirmative action policies on the access to college in Brazil. She tells us about the benefits and shortcomings of this policy, and what is still missing in the existing literature on the topic.
\n\nWorking Paper:
\nAffirmative action and demand for schooling: evidence from nation-wide policies, with Ursula Mello
Recommendation:
\n"Transcendent Kingdom" (2020) by Yaa Gyasi
\nhttps://www.goodreads.com/book/show/48570454-transcendent-kingdom
Evan K. Rose talks to us about his research on the relationship between human capital, company behavior and discrimination. Looking at the hiring procedures of over a hundred Fortune 500 firms across the US, Rose found that there were significant penalties for applicants belonging to gender and/or racial minorities. In this episode, Rose discusses the policy implications of this phenomenon, and the need for change in both institutional and internal practices.
\n\nPaper:
\n“Systemic Discrimination among Large U.S. Employers” by Patrick M. Kline, Evan K. Rose and Christopher R. Walters (2021)
\nhttps://eml.berkeley.edu//~crwalters/papers/randres.pdf
Recommendation:
\n“The Anatomy of Racial Inequality” (2003) by Glenn C. Loury
\nhttps://www.goodreads.com/book/show/330838.The_Anatomy_of_Racial_Inequality?from_search=true&from_srp=true&qid=FRGe9JFpvD&rank=1
Why has wage inequality increased in the past 40 years in the United States? Why has corporate valuation skyrocketed? In this episode, Anna Stansbury presents her work with Larry Summers
\non how declining worker power better explains these recent trends in the American economy and what that means for inequality.
Paper: “The Declining Worker Power Hypothesis” by Anna Stansbury and Lawrence Summers
\nhttps://www.brookings.edu/bpea-articles/declining-worker-power-and-american-economic-performance/
Recommendation:
\n“Working” by Studs Terkel
\nhttps://www.goodreads.com/book/show/59649.Working
Books shape how children learn about society and the world. Analyzing over 1,100 award-winning children’s books, Anjali Adukia talks about what artificial intelligence (AI) tools can tell us about how race and gender are depicted to children.
\n\nPaper:
\n“What We Teach About Race and Gender: Representation in Images and Text of Children’s Books” (by A. Adukia, A. Eble, E. Harrison, H.B. Runesha, T. Szasz)
\nhttps://www.nber.org/system/files/working_papers/w29123/w29123.pdf
Recommendation:
\n"Salt" by Nayyirah Waheed
\nhttps://www.goodreads.com/book/show/18585282-salt
Governments in the world’s poorest countries face important revenue constraints. The ability to collect taxes directly affects the quality of public services and infrastructures, and is thought to undermine economic growth. Augustin Bergeron walks us through 3 experiments he conducted in D.R. Congo to investigate how the architecture of tax collection affects a state's fiscal capacity: who collects taxes, how much you can collect, and how you collect them.
\n\nPapers:
\n\nRecommendations:
\n\nCan obesity signal wealth? In this episode, Elisa talks about the experiment she conducted in Uganda, in which she demonstrates that obese people are perceived as rich and that being obese facilitates access to credit.
\n\nPaper:
\n"Worth your weight? Experimental evidence on the benefits of obesity in low-income countries" by Elisa Macchi
\nhttps://elisamacchi.github.io/publication/job-market-paper/
Recommendation:
\n"The Lonely City: Adventures in the Art of Being Alone" by Olivia Laing
\nhttps://www.goodreads.com/book/show/25667449-the-lonely-city
Does inequality affect our perception of necessity and luxury? Does it change our preferences for certain goods? And if yes, what are the impact in terms of malnutruition? Eve Colson-Sihra talks about the research she conducted with Clément Bellet on the impact of exposure to inequality on the perceived needs of the poor in India.
\n\nPaper:
\n"Does Inequality Affect the Perception of Needs?" by Clément Bellet and Eve Colson-Sihra
\nhttps://drive.google.com/file/d/1XfOvB3_k2IZHt1NowTFcKFwe4meqb6gg/view
Recommendations:
\n\nHigher asthma rates are one of the more obvious ways that health inequalities between African American and other children are manifested beginning in early childhood. Diane Alexander talks about the research she conducted with Janet Currie on the impact of children's neighborhoods on the racial gap in respiratory diseases such as asthma.
\n\nPaper:
\n"Is it who you are or where you live? Residential segregation and racial gaps in childhood asthma" by Diane Alexander and Janet Currie
\nhttps://www.sciencedirect.com/science/article/pii/S0167629616303897
Recommendation:
\n\nDoes immigration import inequality? Felix Koenig talks about his recent research on the contribution of migrants to the rise in UK top incomes, showing that immigrants make up a much larger proportion of the top of the income range than of the bottom.
\n\nPaper:
\n“Importing Inequality: Immigration and the Top 1%” by Arun Advani, Felix Koenig, Lorenzo Pessina, Andrew Summers.
\nhttp://ftp.iza.org/dp13731.pdf
Recommendations:
\n\nLocal governments are essential providers of public goods and services utilized by Americans every day. Extreme weather events can threaten the stability of local revenue sources and the ability of municipalities to provide essential goods and services. Rhiannon Jerch talks about her research with Matthew E. Kahn & Gary Lin in which they study what happens to local public finances in the aftermath of hurricanes in the United States.
\n\nPaper:
\n"Local Public Finance Dynamics and Hurricane Shocks" by Rhiannon Jerch, Matthew E. Kahn & Gary C. Lin
\nhttps://rhiannonjerch.files.wordpress.com/2020/10/jerch_kahn_lin_abstract_27oct.pdf
Recommendation:
\n"Isaac's Storm: A Man, a Time, and the Deadliest Hurricane in History" (2000) by Erik Larson
\nhttps://www.goodreads.com/book/show/239186.Isaac_s_Storm
People of color are drastically overrepresented in Massachusetts state prisons. What happens at different stages of the criminal system, from charging and bail to adjudication and sentencing?
\nFelix Owusu presents the work he conducted with The Criminal Justice Policy Program at Harvard Law School to explore the factors that lead to persistent racial disparities in the Massachusetts criminal system.
Paper:
\n"Racial Disparities in the Massachusetts Criminal System" by Elizabeth Tsai Bishop, Brook Hopkins, Chijindu Obiofuma & Felix Owusu
\nhttps://hls.harvard.edu/content/uploads/2020/11/Massachusetts-Racial-Disparity-Report-FINAL.pdf
Recommendation:
\n"A Pound of Flesh: Monetary Sanctions as Punishment for the Poor" by Alexes Harris
\nhttps://www.goodreads.com/book/show/28255222-a-pound-of-flesh
Progressive wealth taxes may be difficult to enforce if wealthy individuals underreport their wealth, but disclosure incentives and greater enforcement can improve tax collection.
\nJuliana Londoño-Vélez presents her work with Javier Avila-Mahecha which uses rich administrative data from Colombia and leverages a government-designed program for voluntary disclosures of hidden wealth, as well as the threat of detection triggered by the Panama Papers leak.
Paper:
\n"Enforcing Wealth Taxes in the Developing World: Quasi-Experimental Evidence from Colombia" by Juliana Londoño-Vélez & Javier Ávila-Mahecha
\nhttps://www.aeaweb.org/articles?id=10.1257/aeri.20200319&from=f
Recommendation
\n\nAn (almost) unedited conversation with Thomas Piketty about his last book "Capital and Ideology" (2019). We talked about private property, slavery, colonialism, Haiti and arts.
\n\nBook:
\n"Capital and Ideology" by Thomas Piketty
\nhttps://www.hup.harvard.edu/catalog.php?isbn=9780674980822
Recommendation:
\n\nThe earnings difference between white and Black workers fell dramatically in the United States in the late 1960s and early 1970s. Claire Montialoux, in a paper with Ellora Derenoncourt, shows that the expansion of the minimum wage played a critical role in this decline.
\n\nRecommendation:
\n"The Color of Law: A Forgotten History of How Our Government Segregated America" by Richard Rothstein
\nhttps://www.goodreads.com/book/show/32191706-the-color-of-law
Paper:
\n"Minimum Wages and Racial Inequality" by Ellora Derenoncourt and Claire Montialoux
\nhttps://academic.oup.com/qje/advance-article/doi/10.1093/qje/qjaa031/5905427?searchresult=1
Does a person's gender influence the way we interpret information about his or her ability? Heather Sarsons tests this hypothesis in a unique setting using Medicare data on referrals from physicians to surgical specialists. She finds that the referring physicians view their patients' surgical outcomes differently depending on whether the surgeon is a man or a woman.
\n\nRecommendations:
\n\nPaper:
\n"Interpreting Signals in the Labor Market: Evidence from Medical Referrals" by Heather Sarsons
\nhttps://drive.google.com/file/d/12LI5b4Xg7DlNWt-ml2qw-PaMHlihdl0V/view
Housing is the main asset in most individual portfolios. The recent rise in private wealth with respect to national income has been mainly driven by capital gains on housing. How do house price cycles affect wealth inequality? Clara Martínez-Toledano explores the dynamics of wealth accumulation over forty years in Spain.
\n\nRecommendations:
\n\nPaper:
\n\nSTEM classes, especially computer science and engineering, are increasingly popular on college campuses, often because they are seen as offering better employment prospects and higher earnings. What happens to this early STEM pay premium in the long run? Kadeem Noray from Harvard talks about his research with David J. Deming on how changing job skills affect the career dynamics of people majoring in STEM.
\n\nRecommendations:
\n\nPaper:
\n\nDespite significant process of industrialization in developping countries across the world, agricultural land is still a vital resource for three out of four of the poorest billion individuals in the world. How does land ownership inequality vary across countries and regions of the world? How different is the picture if we account for land area and value, or for the landless population? Yajna Govind gives a full picture of global land inequality.
\n\nRecommendations:
\n\nPaper:
\n\nDo politicians know enough about voters to adequately represent them? Are they responsive to new information about their constituency? How does it affect the representation of marginalized groups?
\nAsad Liaqat presents the results of large experiment he conducted on politicians in Pakistan, and reveals large information asymmetries in politics.
Recommendations:
\n\nPaper:
\n\nLydia Assouad revisits the "Arab Inequality puzzle" : survey estimates suggest that inequality in the Middle East is not particularly high. In reality, the Middle East is the most unequal region in the world, with both enormous inequality between countries and large inequality within countries.
\n\nRecommendations:
\n\nPaper:
\n\nWhat would have been the economic impact of COVID-19 in a less integrated world? Is trade openness a good or a bad thing to mitigate the shock of a pandemic? How can we quantify the welfare effect of such a large disruption in production? Alessandro Sforza explains why the economic effects of a pandemic crucially depend on the extend to which countries are connected in global production networks.
\n\nRecommendations:
\n\nPaper:
\n\nThe COVID-19 pandemic has affected the U.S economy at an incredibly rapid pace. Michael Stepner presents his most recent work with Opportunity Insights. Combining anonymized data from private companies, the Opportunity Insights Economic Tracker provides a real-time picture of how the economy is performing. How and where do people spend their money? Who are the most vulnerable workers? Where are located the most affected businesses? What is the impact of state-ordered reopenings, small business loans and stimulus checks on consumption?
\n\nRecommendations:
\n\nPaper:
\n\nInequality is one of the most pressing issues in the public conversation.
\nEconomic research can help us find the tools to address it.
\nHere is a quick taste of what's to come every second Wednesday.
\nBy Clémentine Van Effenterre