Found 697 article(s) in category 'Inequality'

The Slavery Incentive

The Slavery Incentive. Ricardo Hausmann, August 31, 2018, Opinion, “By restricting the workers’ outside options, employers may get them to accept terms that freer individuals would reject. That may be a reason why there is so little urgency in solving the problem of undocumented immigrants in the US, and why many countries protect citizens differently than foreigners.Link

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Long-Term Impacts of Alternative Approaches to Increase Schooling: Experimental Evidence from a Scholarship Program in Cambodia

Long-Term Impacts of Alternative Approaches to Increase Schooling: Experimental Evidence from a Scholarship Program in Cambodia. Felipe Barrera-Osorio, August 24, 2018, Paper, “This paper reports on a randomized experiment to investigate the longterm effects of a primary school scholarship program in rural Cambodia. In 2008, fourth-grade students in 207 randomly assigned schools (103 treatment, 104 control) received scholarships based on the student’s academic performance in math and language or on their level of poverty. Three years after the program’s inception, an evaluation showed that both types of scholarship recipients had more schooling than non-recipients; however, only merit-based scholarships led to improvements in cognitive skills.Link

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The Development Century – A Global History

The Development Century – A Global History. Erez Manela, 2018, Book, “This anthology offers a cutting-edge perspective on how development has shaped the history of the modern world. Stephen J. Macekura and Erez Manela have gathered together leading historians to examine development on the international, regional, and national levels, as well as local manifestations of development initiatives and transnational organizing on behalf of alternative approaches. Themes include the relationship between empire and development, the role of international institutions, the influence of the Cold War, decolonization and post-colonial development strategies, reform and resistance to development, development and global health, and the ecological effects of development.Link

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Why a Universal Basic Income Is Better Than Subsidies of Low-Wage Work

Why a Universal Basic Income Is Better Than Subsidies of Low-Wage Work. Maximilian Kasy, August 5, 2018, Paper, “In this paper, we compare subsidies of low-wage work, such as the Earned Income Tax Credit (EITC), to unconditional cash transfers—or what is commonly referred to as a universal basic income (UBI).2 The EITC helps families with low earnings but does not provide any support to those without earnings. It is an extremely popular policy because it redistributes income to low-earning families while encouraging work. In contrast, a UBI provides unconditional support to everyone and is often combined with a progressive tax on earnings.Link

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The real reason you’re not getting a pay raise

The real reason you’re not getting a pay raise. Jason Furman, July 31, 2018, Opinion, “Wages are growing much more slowly than the last time we had sustained low unemployment rates, the late 1990s. This is the notorious “wage puzzle,” a topic that has been the subject of much speculation by everyone from Federal Reserve Chair Jay Powell to pretty much every economist I follow on Twitter.Link

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Misperceptions about immigration and support for redistribution

Misperceptions about immigration and support for redistribution. Alberto Alesina, July 31, 2018, Paper, “The debate on immigration is often based on misperceptions about the number and character of immigrants. The column uses data from surveys in six countries to show that such misperceptions are striking and widespread. The column also describes how an experiment in which people were encouraged think about their perception of immigrants made them more averse to redistribution in general, suggesting that the focus on immigration in the political debate – without correcting the misperceptions respondents have about immigrants – could have the unintended consequence of reducing support for redistribution.Link

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Poverty in America: New Directions and Debates

Poverty in America: New Directions and Debates. Matthew Desmond, Bruce Western, July 2018, Paper, “Reviewing recent research on poverty in the United States, we derive a conceptual framework with three main characteristics. First, poverty is multidimensional, compounding material hardship with human frailty, generational trauma, family and neighborhood violence, and broken institutions. Second, poverty is relational, produced through connections between the truly advantaged and the truly disadvantaged. Third, a component of this conceptual framework is transparently normative, applying empirical research to analyze poverty as a matter of justice, not just economics. Throughout, we discuss conceptual, methodological, and policy-relevant implications of this perspective on the study of extreme disadvantage in America.Link

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