I was at a practice job talk at a nearby university on Friday. As preface to my work ((I’ll post on it as soon as I get my job applications sent)), I pointed out that workers change careers many times, 3 or 4 times, over their lifetimes where career change is defined as an occupation […]
Prof. Clark sits in the “what revolution?” camp among economic historians that try to date the industrial revolution. His data: Why does this matter? Well, if there was no revolution, only evolution, to modern industrial society, you need an underlying evolutionary mechanism. Clark favors genes-based stories, but most other folks are more comfortable with culture-based […]
From a letter sent to NPR: I think you should interview Peter Lindert at UC-Davis. He’s an economic historian (perhaps THE economic historian) that welfare state scholars look to. His book Growing Public: Social Spending and Economic Growth Since the Eighteenth Century asserts that there is not a tradeoff between economic growth and taxes. He […]
The numbers guy goes after Knittel’s Woods study. I’m not sure Knittel and coauthor having had to take a mulligan should be seen as an embarrassment. BB (“before blogs”), to get the same feedback they got within hours, they would have had to wait for months or years, travelling from department to department and conference […]
That was the subject of an email from Prof. Knittle to the economics mail list regarding his new event study. The SF Examiner writes it up better than I can, but here’s the key graph. Companies that had endorsed Woods saw dramatic negative abnormal returns (i.e. stock returns relative to a comparison group of stocks) […]
Stevens’ research in the Las Vegas Sun. According to the article, Vegas has 4,000 homeless students in its public schools. Either Vegas is much bigger, younger and poorer than I had thought or this number is wrong.
Oh man, the latest NBER working papers are hot! Hotter than usual! Come on inside and take a peek! Taylor and Jorda on the much talked about carry trade An argument that inflation in the US should be high to take advantage of all those ferners taking our jerbs cash Hall on the fiscal multiplier […]
Travis Berg’s paper on statistically identifiying recessions (watch out NBER dating committee!) not surprisingly got James Hamilton’s attention.
Peri finds more evidence that in the long run, there are no costs to immigration only benefits. Ann Stevens is the “persistent effects of job displacement” guru She just wrote a paper on the short run effects of job displacement on child education outcomes. Kids are 15% more likely to stay back a grade after […]