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Cecilia Rouse Receives 2016 Carolyn Shaw Bell Award Marina Halac
Published three times annually by the American Economic Association’s Committee on the Status of Women news in the Economics Profession. 2016 ISSUE III IN THISCSWEP ISSUE FOCUS C ecilia Rouse Receives 2016 Challenges, Opportunities and Carolyn Shaw Bell Award Strategies for Female Faculty INTRODUCTION Standing in Front Cecilia Rouse, Dean of on the Status of Women of the Classroom and Interacting with Students: Challenges, Opportunities the Woodrow Wilson in the Economics Pro- and Strategies for Female Faculty in School of Public and fession (CSWEP), the Economics International Affairs, Bell Award recognizes by Anne Winkler . 3. Lawrence and Shirley and honors an individ- Teaching Challenges and Strategies Katzman and Lewis and ual who has furthered for Improvement at a Liberal Arts College Anna Ernst Professor the status of women in by Sarah Pearlman . .4 in the Economics of Ed- the economics profes- Warming Up the Climate in the ucation and Professor sion. Professor Rouse Classroom: Challenges, Strategies of Economics and Pub- will accept the Bell and Rewards lic Affairs at Princeton Award at the annual by Lisa Saunders . 5. University is the recipient of the 2016 CSWEP business meeting and award Teaching Economics to Undergraduate Students as an Carolyn Shaw Bell Award. Given annu- ceremony held during the 2017 AEA International Faculty Member ally since 1998 by the American Eco- Meeting in Chicago. by Shahina Amin . .7 nomic Association’s (AEA) Committee continues on page 12 Some Advice on Teaching Economics by Shinyi Chou . .8 Mind the Gap: Addressing Gender and Racial Disparities in Economics Marina Halac Receives 2016 by Nicole Dussault and Emily Eisner 10 Elaine Bennett Research Prize From the CSWEP Chair Chair’s Letter by Shelly Lundberg . -
Seminar Paper No. 704 the SURVIVAL of the WELFARE
Seminar Paper No. 704 THE SURVIVAL OF THE WELFARE STATE by John Hassler, José Vicente Rodríguez Mora, Kjetil Storesletten, and Fabrizio Zilibotti INSTITUTE FOR INTERNATIONAL ECONOMIC STUDIES Stockholm University Seminar Paper No. 704 THE SURVIVAL OF THE WELFARE STATE by John Hassler, José Vicente Rodríguez Mora, Kjetil Storesletten, and Fabrizio Zilibotti Papers in the seminar series are also published on internet in Adobe Acrobat (PDF) format. Download from http://www.iies.su.se/ Seminar Papers are preliminary material circulated to stimulate discussion and critical comment. December 2001 Institute for International Economic Studies S-106 91 Stockholm Sweden Wkh Vxuylydo ri wkh Zhoiduh VwdwhÆ Mrkq Kdvvohu/_Mrvì Ylfhqwh Urguðjxh} Prud/h Nmhwlo Vwruhvohwwhq//= dqg Ideul}lr ]lolerwwl/g Ghfhpehu 5334 Devwudfw Wklv sdshu surylghv dq dqdo|wlfdo fkdudfwhul}dwlrq ri Pdunry shuihfw htxloleuld lq d srolwlfr0hfrqrplf prgho zlwk uhshdwhg yrwlqj/ zkhuh djhqwv yrwh ryhu glvwruwlrqdu| lqfrph uhglvwulexwlrq1 Wkh nh| ihdwxuh ri wkh wkhru| lv wkdw wkh ixwxuh frqvwlwxhqf| ri uhglvwulexwlyh srolflhv ghshqgv srvlwlyho| rq wkh fxuuhqw ohyho ri uhglvwulexwlrq/ vlqfh wklv dhfwv erwk sulydwh lqyhvwphqwv dqg wkh ixwxuh glvwulexwlrq ri yrwhuv1 Djhqwv yrwh udwlrqdoo| dqg ixoo| dqwlflsdwh wkh hhfwv ri wkhlu srolwlfdo fkrlfh rq erwk sulydwh lqfhqwlyhv dqg ixwxuh yrwlqj rxwfrphv1 Wkh prgho ihdwxuhv pxowlsoh htxloleuld1 Lq sur0 zhoiduh htxloleuld/ erwk zhoiduh vwdwh srolflhv dqg wkhlu hhfwv rq glvwulexwlrq shuvlvw iruhyhu1 Lq dqwl0zhoiduh htxloleuld/ hyhq d pdmrulw| -
FABRIZIO ZILIBOTTI Tuntex Professor of International and Development Economics, Webpage
FABRIZIO ZILIBOTTI Tuntex Professor of International and Development Economics, Webpage: https://campuspress.yale.edu/zilibotti/ Department of Economics Email: [email protected] Yale University Tel: +1 (203) 432 9561 28 Hillhouse Avenue New Haven, CT 06520-8268 PERSONAL DATE OF BIRTH: September 7, 1964 NATIONALITY: Italian Married, one daughter EDUCATION London School of Economics Ph.D. 1994 London School of Economics M.Sc. 1991 Università di Bologna Laurea (summa cum laude) 1989 TITLE OF PHD THESIS: Endogenous Growth and Underdevelopment Traps: A Theoretical and Empirical Analysis. Supervisor: Prof. Charles Bean. AWARDS, FELLOWSHIPS AND HONOURS Sun Yefang Award 2012 - China’s highest ranked award in economics (granted for the paper “Growing Like China”, American Economic Review 2011) Yrjö Jahnsson Award 2009 – Best economist in Europe under 45 (joint with John van Reenen) Ciliegia d’Oro Award 2009 - Distinguished personality from Emilia Romagna (previous laureates include Enzo Ferrari, Luciano Pavarotti, etc.) Honorary Master of Arts degree (M.A., privatim) Yale University, 2018 President of the European Economic Association, 2016 Fellow of the Econometric Society Fellow of the National Bureau of Economic Research (NBER) Member of the Academia Europaea, honoris causa CEPR Research Fellow CESifo Research Network Fellow Member of the Scientific Board of the Foundation “The Barcelona Graduate School of Economics” Co-Director of the NBER Summer Institute Econ. Fluctuations Group on Income Distribution & Macroeconomics EDITORIAL -
Annual Report 2005/2006
INSTITUTE FOR INTERNATIONAL ECONOMIC STUDIES Stockholm University Annual Report 2005/2006 Research Activities Staff and Organization Publications Front Cover: Olle Baertling, Irga, 1965, Oil on canvas 180 x 92. Back Cover: Annika Andreasson, Autumn Campus, 2005. ISSN 1104-4195 The Institute for International Economic Studies Stockholm University Mail Address: S-106 91 Stockholm Street Address: Universitetsvägen 10 A, 8th floor Telephone: +46 8 16 20 00 Facsimile: +46 8 16 14 43 Director: Administration: TORSTEN PERSSON CHRISTINA LÖNNBLAD (Head) ANNIKA ANDREASSON Deputy Director: ÅSA BORNSTRÖM ASTRID WÅKE MATS PERSSON Board of Governors: Publications: KÅRE BREMER, Professor, President of MATS PERSSON Stockholm University ANNIKA ANDREASSON LARS HEIKENSTEN, Member of the European Court of Auditors (from Visitors Program and Seminars: April 1, 2006) DAVID STRÖMBERG ULF JAKOBSSON, Director of the JAKOB SVENSSON Industrial Institute for Economic and FABRIZIO ZILIBOTTI Social Research (until December 31, CHRISTINA LÖNNBLAD 2005) LEIF LINDFORS, University Director Research Assistants: SVEN-OLOF LODIN, Professor DAVID VON BELOW KARL O. MOENE, Professor DARIO CALDARA LARS-GÖRAN NILSSON, Professor ERIK MEYERSSON MATS PERSSON, Professor TORSTEN PERSSON, Professor MICHAEL SOHLMAN, Executive Director of the Nobel Foundation ESKIL WADENSJÖ, Professor 1 Research Staff Visiting Fellows Professors ORIANA BANDIERA LARS CALMFORS London School of Economics HARRY FLAM TIM BESLEY JOHN HASSLER London School of Economics HENRIK HORN MICHELE BOLDRIN ASSAR LINDBECK University of Minnesota MATS PERSSON STEFANO DELLA VIGNA TORSTEN PERSSON University of California at Berkeley PETER SVEDBERG ARINDRAJIT DUBE FABRIZIO ZILIBOTTI University of California at Berkeley GENE GROSSMAN Visiting Professors Princeton University PER KRUSELL PAUL KLEIN KJETIL STORESLETTEN University of Western Ontario ETIENNE LEHMANN Research Fellows University of Paris II NICOLA GENNAIOLI JOSÉ V. -
Escaping the Climate Trap? Values, Technologies, and Politics∗
Escaping the Climate Trap? Values, Technologies, and Politics Tim Besleyyand Torsten Perssonz November 2020 Abstract It is widely acknowledged that reducing the emissions of green- house gases is almost impossible without radical changes in consump- tion and production patterns. This paper examines the interdependent roles of changing environmental values, changing technologies, and the politics of environmental policy, in creating sustainable societal change. Complementarities that emerge naturally in our framework may generate a “climate trap,”where society does not transit towards lifestyles and technologies that are more friendly to the environment. We discuss a variety of forces that make the climate trap more or less avoidable, including lobbying by firms, private politics, motivated scientists, and (endogenous) subsidies to green innovation. We are grateful for perceptive comments by Philippe Aghion, David Baron, Xavier Jaravel, Bård Harstad, Elhanan Helpman, Gilat Levy, Linus Mattauch, and Jean Tirole, as well as participants in a Tsinghua University seminar, and LSE and Hong Kong University webinars. We also thank Azhar Hussain for research assistance. Financial support from the ERC and the Swedish Research Council is gratefully acknowledged. yLSE, [email protected]. zIIES, Stockholm University, [email protected] 1 1 Introduction What will it take to bring about the fourth industrial revolution that may be needed to save the planet? Such a revolution would require major structural changes in production as well as consumption patterns. Firms would have to invest on a large scale in technologies that generate lower greenhouse gas emissions, and households would have to consume goods that produce lower emissions. Already these observations suggest that the required transformation can be reinforced by a key complementarity, akin to the one associated with so- called platform technologies (Rochet and Tirole 2003). -
We, the Undersigned Economists, Represent a Broad Variety of Areas of Expertise and Are United in Our Opposition to Donald Trump
We, the undersigned economists, represent a broad variety of areas of expertise and are united in our opposition to Donald Trump. We recommend that voters choose a different candidate on the following grounds: . He degrades trust in vital public institutions that collect and disseminate information about the economy, such as the Bureau of Labor Statistics, by spreading disinformation about the integrity of their work. He has misled voters in states like Ohio and Michigan by asserting that the renegotiation of NAFTA or the imposition of tariffs on China would substantially increase employment in manufacturing. In fact, manufacturing’s share of employment has been declining since the 1970s and is mostly related to automation, not trade. He claims to champion former manufacturing workers, but has no plan to assist their transition to well-compensated service sector positions. Instead, he has diverted the policy discussion to options that ignore both the reality of technological progress and the benefits of international trade. He has misled the public by asserting that U.S. manufacturing has declined. The location and product composition of manufacturing has changed, but the level of output has more than doubled in the U.S. since the 1980s. He has falsely suggested that trade is zero-sum and that the “toughness” of negotiators primarily drives trade deficits. He has misled the public with false statements about trade agreements eroding national income and wealth. Although the gains have not been equally distributed—and this is an important discussion in itself—both mean income and mean wealth have risen substantially in the U.S. -
Technological Change
14.461: Part I: Technological Change Daron Acemoglu August 29, 2013 This course will cover selected topics in theoretical and empirical analysis of technological change. The course will draw both on Acemoglu, Introduction to Modern Economic Growth, Princeton University Press, 2008, and various research articles. There will be three problem sets, which will count towards 30% of your final grade. The remaining 70% will be from a project due in November (exact time to be determined). This project will either be a proposal for a research article, or application of an empirical paper from a prearranged list, or a detailed critique and extension of an existing theoretical article. More details on the available choices for the project will be provided later. Course details: My e-mail: [email protected]. Lectures: TuTh 1-2:30, E51-361. Recitation: F 2:30-4, E51-361. Teaching Assistant: Dana Foarta e-mail: [email protected]. Topics Review of Basic Models of Endogenous Technological Progress (one lecture) Main reading: Acemoglu, Daron (2008) Introduction to Modern Economic Growth, Chap- ters 13 and 14. Aghion, Philippe and Peter Howitt (1992) “A Model of Growth Through Creative Destruction”Econometrica, 60, pp. 323-351. Other references: Aghion, Philippe and Peter Howitt (2008) The Economics of Growth, MIT, Cambridge. 1 Backus, David, Patrick J. Kehoe and Timothy J. Kehoe (1992) “In Search of Scale Effects in Trade and Growth.” Journal of Economic Theory, 58, pp. 377-409. Grossman, Gene and Elhanan Helpman (1991) “Quality Ladders in the The- ory of Growth”Review of Economic Studies, 58, pp. 43-61. -
Nber Working Paper Series Missing Growth From
NBER WORKING PAPER SERIES MISSING GROWTH FROM CREATIVE DESTRUCTION Philippe Aghion Antonin Bergeaud Timo Boppart Peter J. Klenow Huiyu Li Working Paper 24023 http://www.nber.org/papers/w24023 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 November 2017 We thank Raouf Boucekkine, Pablo Fajgelbaum, Colin Hottman and Stephen Redding for excellent discussions and Victoria De Quadros for superb research assistance. Ufuk Akcigit, Robert Feenstra, Chang-Tai Hsieh, Xavier Jaravel, Chad Jones, Per Krusell, Torsten Persson, Ben Pugsley, John Van Reenen and numerous seminar participants provided helpful comments. Opinions and conclusions herein are those of the authors and do not necessarily represent the views of the Federal Reserve System. All results have been reviewed to ensure that no confidential information from the U.S. Census Bureau or U.S. Bureau of Labor Statistics have been disclosed. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications. © 2017 by Philippe Aghion, Antonin Bergeaud, Timo Boppart, Peter J. Klenow, and Huiyu Li. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. Missing Growth from Creative Destruction Philippe Aghion, Antonin Bergeaud, Timo Boppart, Peter J. Klenow, and Huiyu Li NBER Working Paper No. 24023 November 2017 JEL No. -
Aggregation and Aggregation Author(S): Marina Azzimonti, Per Krusell and Eva De Francisco Source: Journal of the European Economic Association, Vol
Aggregation and Aggregation Author(s): Marina Azzimonti, Per Krusell and Eva de Francisco Source: Journal of the European Economic Association, Vol. 6, No. 2/3, Proceedings of the Twenty-Second Annual Congress of the European Economic Association (Apr. - May, 2008), pp. 381-394 Published by: Oxford University Press Stable URL: http://www.jstor.org/stable/40282648 Accessed: 14-05-2018 19:15 UTC JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact [email protected]. Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at http://about.jstor.org/terms Oxford University Press is collaborating with JSTOR to digitize, preserve and extend access to Journal of the European Economic Association This content downloaded from 129.49.100.163 on Mon, 14 May 2018 19:15:24 UTC All use subject to http://about.jstor.org/terms AGGREGATION AND AGGREGATION Marina Azzimonti Per Krusell University of Texas at Austin Princeton University Eva de Francisco Towson University Abstract We discuss economic aggregation and political aggregation in the context of a simple dynamic version of the canonical political-economy model - the Meltzer-Richard model. Consumers differ both in labor productivity and initial asset wealth and there is no physical capital. Under commitment over future tax policy, and for economic preferences that imply aggregation in assets and productivity, the induced policy preferences for individuals do not depend on any dis- tributional characteristics other than means. -
October 2004
ROBIN BURGESS CONTACT INFORMATION LSE Department of Economics Houghton Street, London WC2A 2AE, UK Tel: (020) 7955 6676, Fax: (020) 7955 6951 [email protected] http://econ.lse.ac.uk/staff/rburgess/index_own.html PERSONAL Marital Status: Married to Bronwen Burgess Children: Isla Macbeth Burgess (d.o.b. August 03, 2005) Citizenship: UK PROFESSIONAL EXPERIENCE POSITIONS 2007 – present Professor of Economics, Department of Economics, LSE 2004 – 2007 Reader in Economics, Department of Economics, LSE 1999 – present Co-Director, Economic Organization and Public Policy Programme, STICERD, LSE 2005 Visiting Associate Professor, Department of Economics, University of California, Berkeley, Fall Semester 2003 Visiting Assistant Professor, Department of Economics, Harvard University and National Bureau for Economic Research, Fall Semester 2002 Visiting Assistant Professor, Department of Economics, University College London, Fall Semester 2001 Visiting Assistant Professor, Department of Economics, MIT, Fall Semester 2000 – 2004 Lecturer in Economics, Department of Economics, LSE 1998 – 1999 Lecturer in Development Economics, Development Studies Institute and Department of Economics, LSE 1991 – 1995 Consultant Economist, Chief Economists Office, European Bank for Reconstruction and Development 1989 – 1991 Consultant Economist, World Development Report and Research Department, World Bank AFFILIATIONS 2006 – present Program Director, CEPR Development Economics Program (with Esther Duflo) 2005 – present Senior Fellow, Bureau for Research in the Economic -
October 2004
ROBIN BURGESS CONTACT INFORMATION LSE Department of Economics Houghton Street, London WC2A 2AE, UK Tel: (020) 7955 6676, Fax: (020) 7955 6951 [email protected] http://econ.lse.ac.uk/staff/rburgess/index_own.html PERSONAL Marital Status: Married to Bronwen Burgess Children: Isla Macbeth Burgess (August 03, 2005), Romilly Belle Burgess (May 14, 2009) Citizenship: UK PROFESSIONAL EXPERIENCE POSITIONS 2007 – present Professor of Economics, Department of Economics, LSE 2008 – present Founder and Director, International Growth Centre, LSE 2004 – 2007 Reader in Economics, Department of Economics, LSE 1999 – present Director, Economic Organization and Public Policy Programme, STICERD, LSE 2005 Visiting Associate Professor, Department of Economics, University of California, Berkeley, Fall Semester 2003 Visiting Assistant Professor, Department of Economics, Harvard University and National Bureau for Economic Research, Fall Semester 2002 Visiting Assistant Professor, Department of Economics, University College London, Fall Semester 2001 Visiting Assistant Professor, Department of Economics, MIT, Fall Semester 2000 – 2004 Lecturer in Economics, Department of Economics, LSE 1998 – 1999 Lecturer in Development Economics, Development Studies Institute and Department of Economics, LSE 1991 – 1995 Consultant Economist, Chief Economists Office, European Bank for Reconstruction and Development 1989 – 1991 Consultant Economist, World Development Report and Research Department, World Bank AFFILIATIONS 2006 – present Program Director, CEPR Development Economics -
NBER Reporter NATIONAL BUREAU of ECONOMIC RESEARCH
NBER Reporter NATIONAL BUREAU OF ECONOMIC RESEARCH Reporter OnLine at: www.nber.org/reporter 2013 Number 4 The 2013 Martin Feldstein Lecture Economic Possibilities for Our Children Lawrence H. Summers* This is the 40th anniversary of the summer when I first met Marty Feldstein and went to work for him. I learned from working under Marty’s auspices that empirical economics was a profoundly important thing, that it had the opportunity to illuminate the world in important ways, that it had the opportunity to change people’s perspectives as they thought about economic problems, and that the successful solution or resolution of eco- nomic problems didn’t happen with the immediacy with which a doctor treated a patient, but did touch and affect the lives of hundreds of thou- sands, if not millions, of people. Lawrence H. Summers I learned about how to approach economic research from watching Marty. There is a central element that has been a part of his approach to IN THIS ISSUE economics, and it has always been a part of mine, both as an economist and a policymaker. It is the approach of many in our profession, but not all. The Martin Feldstein Lecture 1 This is the belief that we cannot aspire to know the world with complete precision; that no single parameter will measure with precision how our Research Summaries economy is going to respond to a policy or a shock. Rather, what we can The Economics of Obesity 7 aspire to establish is a combination of logic, modeling, suggestive anecdote Public Sector Retirement Plans 10 and experience, and empirical measurements from multiple different per- High-Skilled Immigration 13 spectives that lead to an overall view on economic phenomena.