The University of Chicago
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
One Hundred Twenty-Five Years of the Journal of Political Economy: a Bibliometric Overview
One hundred twenty-five years of the Journal of Political Economy: A bibliometric overview Lluis Amiguet1, Anna M. Gil-Lafuente2, Finn E. Kydland3, José M. Merigó4 1Department of Communication, Rovira i Virgili University, Av. Catalunya 35, 43002 Tarragona, Spain 2Department of Business Administration, University of Barcelona, Av. Diagonal 690, 08034 Barcelona, Spain 3Department of Economics, University of California – Santa Barbara, 2127 North Hall, Santa Barbara, CA 93106, USA 4Department of Management Control and Information Systems, School of Economics and Business, University of Chile, Av. Diagonal Paraguay 257, 8330015 Santiago, Chile Emails: [email protected]; [email protected]; [email protected]; [email protected] Abstract The Journal of Political Economy was created in December 1892. In 2017, the journal celebrates the 125th anniversary. Motivated by this event, this study presents a bibliometric overview of the leading trends of the journal according to a wide range of criteria including authors, institutions, countries, papers and keywords. The work uses the Scopus and the Web of Science databases to collect the bibliographic material and considers a wide range of bibliometric indicators including the number of citations and publications, the h-index, citation thresholds and the cites per paper. The study also uses software for the visualization of similarities by using several bibliometric techniques including bibliographic coupling, co-citation and co-occurrence of keywords. The results indicates that research published in the journal is mainly carried out by US economists, being the University of Chicago the most productive and influential institution. Several authors that published their seminal work in the journal have obtained the Nobel Prize in economics. -
Inattentive Consumers
Inattentive Consumers Ricardo Reis∗ Department of Economics and Woodrow Wilson School, Princeton University, Princeton, NJ 08544, USA Abstract This paper studies the consumption decisions of agents who face costs of acquiring, absorbing and processing information. These consumers rationally choose to only sporadically update their information and re-compute their optimal consumption plans. In between updating dates, they remain inattentive. This behavior implies that news disperses slowly throughout the population, so events have a gradual and delayed effect on aggregate consumption. The model predicts that aggregate consumption adjusts slowly to shocks, and is able to explain the excess sensitivity and excess smoothness puzzles. In addition, individual consumption is sensitive to ordinary and unexpected past news, but it is not sensitive to extraordinary or predictable events. The model further predicts that some people rationally choose to not plan, live hand-to-mouth, and save less, while other people sporadically update their plans. The longer are these plans, the more they save. Evidence using U.S. aggregate and microeconomic data generally supports these predictions. JEL classification codes: E2, D9, D1, D8 ∗I am grateful to N. Gregory Mankiw, Alberto Alesina, Robert Barro, and David Laibson for their guidance and to Andrew Abel, Susanto Basu, John Campbell, Larry Christiano, Mariana Colacelli, Benjamin Friedman, Jens Hilscher, Yves Nosbusch, David Romer, John Shea, Monica Singhal, Adam Szeidl, Bryce Ward, Justin Wolfers, and numerous seminar participants for useful comments. The Fundação Ciência e Tecnologia, Praxis XXI and the Eliot Memorial fellowship provided financial support. Tel.: +1-609-258-8531; fax: +1-609-258-5349. E-mail address: [email protected]. -
Fall 2021 Conference the Brookings Institution Thursday, September 9, 2021 All Times Are in Eastern Time
Fall 2021 Conference The Brookings Institution Thursday, September 9, 2021 All times are in Eastern Time. Registration page: https://www.brookings.edu/events/bpea-fall-2021-conference/ 10:00 AM The Employment Impact of a Green Fiscal Push: Evidence from the American Recovery and Reinvestment Act Authors: Ziqiao Chen (Syracuse University); Giovanni Marin (University of Urbino Carlo Bo); David Popp (Syracuse University); and Francesco Vona (OFCE Sciences-Po) Discussants: Gabriel Chodorow-Reich (Harvard University); and Valerie Ramey (University of California, San Diego) 11:00 AM Break 11:05 AM The Economic Gains from Equity Authors: Shelby Buckman (Stanford University), Laura Choi (Federal Reserve Bank of San Francisco), Mary Daly (Federal Reserve Bank of San Francisco), and Lily Seitelman (Boston University) Discussants: Nicole Fortin (University of British Columbia); and Erik Hurst (Chicago Booth School of Business) 12:05 PM Break 12:10 PM Government and Private Household Debt Relief During COVID-19 Authors: Susan Cherry (Stanford Graduate School of Business); Erica Jiang (University of Southern California); Gregor Matvos (Northwestern University); Tomasz Piskorski (Columbia Business School); and Amit Seru (Stanford Graduate School of Business) Discussants: Pascal Noel (Chicago Booth School of Business); and Susan Wachter (University of Pennsylvania Wharton School) 1:10 PM Lunch Break 2:00 PM The Social Cost of Carbon: Advances in Long-term Probabilistic Projections of Population, GDP, Emissions, and Discount Rates Authors: David Anthoff -
This PDF Is a Selection from an Out-Of-Print Volume from the National Bureau of Economic Research
This PDF is a selection from an out-of-print volume from the National Bureau of Economic Research Volume Title: New Directions in Economic Research Volume Author/Editor: NBER Volume Publisher: NBER Volume URL: http://www.nber.org/books/unkn71-6 Publication Date: 1971 Chapter Title: Front matter to "New Directions in Economic Research" Chapter Author: Various Chapter URL: http://www.nber.org/chapters/c4173 Chapter pages in book: (p. -13 - 0) NATIONAL BU.REAU OF ECONOMIC RESEARCH, INC. 51ST ANNUAL REPORT, SEPTEMBER, 1971 DIRECTIONS IN ECONOMIC RESEARCH COPYRIGHT ©1971BY NATIONAL BUREAU OF ECONOMIC RESEARCH, INC. 261 MADISON AVENUE, NEW YORK, N. Y. 10016 ALL RIGHTS RESERVED PRINTED IN THE UNITED STATES OF AMERICA The National Bureau of Economic Research was organized in 1920 in response to a growing demand for objective deter- mination of the facts bearing upon economic problems, and for their interpretation in an impartial manner. The National Bureau concentrates on topics of national importance that are susceptible of scientific treatment. The National Bureau seeks not merely to determine and interpret important economic facts, but to do so under such auspices and with such safeguards as shall make its findings carry conviction to all sections of the nation. No report of the research staff may be published without the approval of the Board of Directors. Rigid provisions guard the National Bureau from becoming a source of profit to its members, directors, or officers, and from becoming an agency for propaganda. By issuing its findings in the form of scientific reports, en- tirely divorced from recommendations on policy, the National Bureau hopes to aid all thoughtful men, however divergent their views of public policy, to base their discussions upon objective knowledge as distinguished from subjective opinion. -
2020-Final-Report4.Pdf
The Work of the Future: Building Better Jobs in an Age of Intelligent Machines 2020 By David Autor, David Mindell, and Elisabeth Reynolds MIT Task Force on the Work of the Future DAVID AUTOR, TASK FORCE CO-CHAIR Ford Professor of Economics, Margaret MacVicar Fellow, and Associate Department Head Labor Studies Program Co-Director, National Bureau of Economic Research DAVID MINDELL, TASK FORCE CO-CHAIR Professor of Aeronautics and Astronautics Dibner Professor of the History of Engineering and Manufacturing Founder and CEO, Humatics Corporation ELISABETH REYNOLDS, TASK FORCE EXECUTIVE DIRECTOR Principal Research Scientist Executive, Director, MIT Industrial Performance Center Lecturer, Department of Urban Studies and Planning Table of Contents 1.0 INTRODUCTION 1 2.0 LABOR MARKETSAND GROWTH 7 2.1 Two Faces of Technological Change: Task Automation and New Work Creation 8 Figure 1. The Fraction of Adults in Paid Employment Has Risen for Most of the Past 125 Years 9 Figure 2. More Than 60% of Jobs Done in 2018 Had Not Yet Been “Invented” in 1940 10 Table 1. Examples of New Occupations Added to the U.S. Census Between 1940 and 2018 12 2.2 Rising Inequality and the Great Divergence 13 Figure 3. Real Wages Have Risen for College Graduates and Fallen for Workers with High School Degree or Less Since 1980 14 Figure 4. Productivity and Compensation Growth in the United States, 1948 – 2016 15 Figure 5. Modest Median Wage Increases in the U.S. Since 1979 Were Concentrated Among White Men and Women 16 2.3 Employment Polarization and Diverging Job Quality 17 Figure 6. -
On the Mechanics of Economic Development*
Journal of Monetary Economics 22 (1988) 3-42. North-Holland ON THE MECHANICS OF ECONOMIC DEVELOPMENT* Robert E. LUCAS, Jr. University of Chicago, Chicago, 1L 60637, USA Received August 1987, final version received February 1988 This paper considers the prospects for constructing a neoclassical theory of growth and interna tional trade that is consistent with some of the main features of economic development. Three models are considered and compared to evidence: a model emphasizing physical capital accumula tion and technological change, a model emphasizing human capital accumulation through school ing. and a model emphasizing specialized human capital accumulation through learning-by-doing. 1. Introduction By the problem of economic development I mean simply the problem of accounting for the observed pattern, across countries and across time, in levels and rates of growth of per capita income. This may seem too narrow a definition, and perhaps it is, but thinking about income patterns will neces sarily involve us in thinking about many other aspects of societies too. so I would suggest that we withhold judgment on the scope of this definition until we have a clearer idea of where it leads us. The main features of levels and rates of growth of national incomes are well enough known to all of us, but I want to begin with a few numbers, so as to set a quantitative tone and to keep us from getting mired in the wrong kind of details. Unless I say otherwise, all figures are from the World Bank's World Development Report of 1983. The diversity across countries in measured per capita income levels is literally too great to be believed. -
Sherwin Rosen
Sherwin Rosen Kenneth J. McLaughlin* Hunter College and the Graduate Center of the City University of New York April 2020 Abstract This paper provides a critical survey of Sherwin Rosen’s contributions to economics. I identify the ideas that influenced him and the themes—diversity and inequality—that connect his papers. The model of compensating price differentials (Rosen 1974) is his greatest hit. The more general “equalizing differences” approach was a signature feature of his research in labor economics and other fields. I also evaluate the merits of Rosen (1979), through which he receives credit for the influential Roback-Rosen model in urban economics. And several of his most influential papers substantiate my claim that Rosen was an inequality economist. 1. Introduction Sherwin Rosen was a highly productive and influential scholar. His legacy includes ma- jor contributions to economic theory, labor economics, urban economics, and monopoly pricing. A product of Gregg Lewis’s Labor Workshop, Rosen earned his Ph.D. from the University of Chicago in 1966, two years after joining the economics faculty at the Uni- versity of Rochester as an assistant professor. Returning to Chicago in 1977, Rosen was a leading figure in the economics department until his death at age 62 in 2001, just two months after becoming president of the American Economics Association. Rosen published widely and with influence. He frequently contributed to the Journal of Political Economy, where he published eight full papers and several shorter pieces. His hedonic prices paper (Rosen 1974) is the sixth most cited paper in the 130-year history of the JPE (Amiguet et al. -
Phd in Public Policy 1997–2019 Harvard Kennedy School Job Placement | Phd in Public Policy
Harvard Kennedy School Job Placement PHD IN PUBLIC POLICY 1997–2019 HARVARD KENNEDY SCHOOL JOB PLACEMENT | PHD IN PUBLIC POLICY 2018–2019 Abraham Holland Gabriel Tourek Research Staff Member, Institute for Defense Analyses Post-Doctoral Associate, Abdul Latif Jameel Poverty Ariella Kahn-Lang Action Lab (J-PAL) Researcher, Human Services, Mathematica Bradley DeWees Jennifer Kao Assistant Director of Operations, United States Assistant Professor, Strategy Unit, UCLA Anderson Air Force School of Management Emily Mower Stephanie Majerowicz Senior Data Scientist, edX Assistant Professor of Government, Universidad Daniel Velez-Lopez de los Andes, Colombia; Post-Doctoral Research Lead Analyst, Venture Fellowship Program, Fellow, briq Institute on Behavior & Inequality National Grid Partners 2017–2018 Juan Pablo Chauvin Todd Gerarden Research Economist, Inter-American Assistant Professor, Cornell University, Dyson School Development Bank Sarika Gupta Cuicui Chen World Bank, YPP Assistant Professor, SUNY Albany, Department Alicia Harley of Economics Post-doctoral Research Fellow, Harvard Kennedy Stephen Coussens School, Sustainability Science Program Assistant Professor of Health Policy and Management, Janhavi Nilekani Columbia University, Mailman School of Public Health Founder of Aastar Raissa Fabregas Lisa Xu Assistant Professor, University of Texas Austin, Harvard Graduate Students Union— Lyndon B. Johnson School of Public Affairs United Auto Workers 2016–2017 Martin Abel Laura Quinby Assistant Professor, Middlebury College, Research Economist, -
Wayward Sons: the Emerging Gender Gap in Labor Markets and Education 9 Figure 1B: Percent of Adults with Some College Education by Age 355
WAYWARD SONS THE EMERGING GENDER GAP IN LABOR MARKETS AND EDUCATION David Autor and Melanie Wasserman WAYWARD SONS THE EMERGING GENDER GAP IN LABOR MARKETS AND EDUCATION t is widely assumed that the traditional male domination of post- secondary education, highly paid occupations, and elite professions is a virtually immutable fact of the U.S. economic landscape. But Iin reality, this landscape is undergoing a tectonic shift. Although a significant minority of males continues to reach the highest echelons of achievement in education and labor markets, the median male is moving in the opposite direction. Over the last three decades, the labor market trajectory of males in the U.S. has turned downward along four dimensions: skills acquisition; employment rates; occupational stature; and real wage levels. These emerging gender gaps suggest reason for concern. While the news for women is good, the news for men is poor. These gaps in educational attainment and labor market advancement will pose two significant challenges for social and economic policy. First, because education has become an increasingly important determinant of lifetime income over the last three decades—and, more concretely, because earnings and employment prospects for less-educated U.S. workers have sharply deteriorated—the stagnation of male educational attainment bodes ill for the well-being of recent cohorts of U.S. males, particularly minorities and those from low-income households. Recent cohorts of males are likely to face diminished employment and earnings opportunities and other attendant maladies, including poorer health, higher probability of incarceration, and generally lower life satisfaction. Of equal concern are the implications that diminished male labor market opportunities hold for the well-being of others—children and potential mates in particular. -
Economics in the Time of COVID-19 Economics in the Time of COVID-19
Economics in the Time of COVID-19 Economics in the Time of COVID-19 Edited by Richard Baldwin and Beatrice Weder di Mauro Centre for Economic Policy Research 33 Great Sutton Street A VoxEU.org Book London EC1V 0DX CEPR Press Tel: +44 (0)20 7183 8801 Email: [email protected] www.cepr.org CEPR Press Economics in the Time of COVID-19 CEPR Press Centre for Economic Policy Research 33 Great Sutton Street London, EC1V 0DX UK Tel: +44 (0)20 7183 8801 Email: [email protected] Web: www.cepr.org ISBN: 978-1-912179-28-2 Copyright © CEPR Press, 2020. Economics in the Time of COVID-19 Edited by Richard Baldwin and Beatrice Weder di Mauro A CEPR Press VoxEU.org eBook CEPR Press The views expressed in this book are those of the authors and not those of CEPR or any of the institutions with which the authors are affiliated. The editors would like to acknowledge the important and timely contribution of research assistance from Guilia Sabbatini and Anmol Kaur Grewal, together with Anil Shamdasani and Sophie Roughton’s hard work on production to enable this eBook to be produced so quickly. Centre for Economic Policy Research (CEPR) The Centre for Economic Policy Research (CEPR) is a network of over 1,500 research economists based mostly in European universities. The Centre’s goal is twofold: to promote world-class research, and to get the policy-relevant results into the hands of key decision-makers. CEPR’s guiding principle is ‘Research excellence with policy relevance’. A registered charity since it was founded in 1983, CEPR is independent of all public and private interest groups. -
Two Appreciations
This PDF is a selection from an out-of-print volume from the National Bureau of Economic Research Volume Title: Strategic Factors in Nineteenth Century American Economic History: A Volume to Honor Robert W. Fogel Volume Author/Editor: Claudia Goldin and Hugh Rockoff, editors Volume Publisher: University of Chicago Press Volume ISBN: 0-226-30112-5 Volume URL: http://www.nber.org/books/gold92-1 Conference Date: March 1-3, 1991 Publication Date: January 1992 Chapter Title: Two Appreciations Chapter Author: Stanley L. Engerman, Donald N. McCloskey Chapter URL: http://www.nber.org/chapters/c6956 Chapter pages in book: (p. 9 - 25) Two Appreciations Stanley L. Engerman Donald N. McCloskey Stanley L. Engerman Robert William Fogel: An Appreciation by a Coauthor and Colleague Sometime in either late 1974 or 1975 I ran across a friend who had just seen a Hollywood musical. It was in the genre of the complications of song-writing partners for whom output required some joint contributions and interactions. This led him to wonder what scholarly work under similar circumstances was like, since both activities were done frequently by individuals but collabora- tions occurred with sufficient frequency that they were not unusual. In partic- ular, he wondered how Bob and I had begun working together and what was the nature of the input on Time on the Cross and our dealing with the related conferences and responses. I doubt if I fully answered his queries-some things are more easily done than described-but, in reflecting on this encoun- ter, certain aspects of our working together did come to mind. -
Mark G. Duggan Curriculum Vita Business Address Stanford
Mark G. Duggan Curriculum Vita Business Address Stanford University Department of Economics 579 Serra Mall Stanford, CA 94305-6072 Email: [email protected] Personal Birth Date: November 13, 1970 Citizenship: United States Married; two children Work Experience The Trione Director, Stanford Institute for Economic Policy Research (SIEPR), 2015 - present. The Wayne and Jodi Cooperman Professor, Department of Economics, Stanford University, 2014 – present. Senior Fellow, Stanford Institute for Economic Policy Research, 2014 - present. Chair, Department of Business Economics and Public Policy, the Wharton School, University of Pennsylvania, 2012 – 2014. Rowan Family Foundation Professor, the Wharton School, University of Pennsylvania, 2012 - 2014. Faculty Director, Penn Wharton Public Policy Initiative, 2012 – 2014. Professor, Department of Business Economics and Public Policy, Department of Health Care Management, the Wharton School, University of Pennsylvania, 2011 – 2014. Professor, University of Maryland, Department of Economics, 2007- 2011. Senior Economist, Council of Economic Advisers, Executive Office of the President, 2009 – 2010. Associate Professor, University of Maryland, Department of Economics, 2003 – 2007. Visiting Fellow, Brookings Institution, 2006 – 2007. Assistant Professor, University of Chicago, Department of Economics, 1999 – 2003. Visiting Assistant Professor, MIT, Department of Economics, 2001 – 2002. Teaching Fellow, Harvard University, Department of Economics, 1996-98. Research Assistant, Harvard University, Department of Economics, 1994-96. Teaching Assistant, M.I.T. Department of Electrical Engineering and Computer Science, 1993-94. Education Ph.D., Economics, June 1999, Harvard University. M.S., Electrical Engineering, June 1994, M.I.T. B.S., Electrical Engineering, June 1992, M.I.T. Journal Publications: Mark Duggan. “Hospital Ownership and Public Medical Spending” Quarterly Journal of Economics, 115:4 (November 2000) 1343-1374.