Must- and Should-Reads: June 25, 2017
- Alberto Alesina, Stefanie Stantcheva, Edoardo Teso: Intergenerational mobility and preferences for redistribution: “Americans are generally thought to view the economic system as fair and see wealth as a reward for ability and effort… http://voxeu.org/article/intergenerational-mobility-and-preferences-redistribution
- Brantly Callaway and William J. Collins: Unions, Workers, and Wages at the Peak of the American Labor Movement: “A novel dataset compiled from archival records… http://www.nber.org/papers/w23516.pdf
- CHM Live: Putting Your Finger On It: Creating the iPhone: “Nitin Ganatra, Scott Herz, and Hugo Fiennes in Conversation with John Markoff… https://www.youtube.com/watch?v=5xDRdWFdsoQ&ab_channel=ComputerHistoryMuseum
- Nick Bunker: Is the Fed being misguided by the Phillips curve?: “Looking at the prime-age employment rate, the labor market might have a bit more tightening to do before wage growth is going to pick up significantly… https://equitablegrowth.org/equitablog/value-added/is-the-fed-being-misguided-by-the-phillips-curve/
- Sergio Espuelas: The inequality trap. A comparative analysis of social spending between 1880 and 1930: “Using social transfers as an indicator of redistribution and three alternative proxies for inequality… http://onlinelibrary.wiley.com/doi/10.1111/1468-0289.12062/full
- Jens H.E. Christensen and Glenn D. Rudebusch: New Evidence for a Lower New Normal in Interest Rates: “Inflation-indexed bond prices include a real term premium… face appreciable liquidity risk… http://www.frbsf.org/economic-research/publications/economic-letter/2017/june/financial-market-evidence-for-lower-natural-interest-rate-r-star/
- Michael Reich, Sylvia Allegretto, and Anna Godoey: Seattle’s Minimum Wage Experience 2015-16: “Seattle implemented the first phase of its minimum wage law on April 1, 2015… http://irle.berkeley.edu/seattles-minimum-wage-experience-2015-16/
- Eugene Wei (2012): Amazon, Apple, and the beauty of low margins: “Amazon’s core retail business is, I’d argue, still very secure… http://www.eugenewei.com/blog/2012/11/28/amazon-and-margins
Interesting Reads:
- Nick Bunker: Weekend reading: “If you liked those links, check out these” edition: “Discrimination in the U.S. labor market is a very real thing… https://equitablegrowth.org/equitablog/weekend-reading-if-you-liked-those-links-check-out-these-edition/
- Sarah Kliff: The Better Care Reconciliation Act: the Senate bill to repeal and replace Obamacare, explained https://www.vox.com/policy-and-politics/2017/6/22/15846728/senate-plan-better-care-reconciliation-act
- Christopher Meissner and John Tang: Japan’s entry into world markets during the first age of globalisation: “The Japanese experience after the liberalisation of the 1850s suggests that trade costs, destination market demand conditions, and product specific factors played key roles…” http://voxeu.org/article/japans-entry-world-markets-during-first-age-globalisation
- Tavneet Suri: VoxDev http://voxdev.org/
- Weekend Reading: Why Do Democracies Fail?: David Frum on Dan Ziblatt http://www.bradford-delong.com/2017/06/weekend-reading-why-do-democracies-fail-david-frum-on-dan-ziblatt.html
- For the Weekend… http://www.bradford-delong.com/2017/06/for-the-weekend-1.html