VoxTalks Economics

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488 afleveringen, van nieuw naar oud

  1. S3 Ep57: Africa's roads make the rich richer

    27 november 2020 · 13 min

    Afspelen

    Africa's roads were originally built so that colonial powers could extract its natural wealth. What has happened since then? Steven Poelhekke of the University of Auckland examines the maps with Tim Phillips.

  2. S3 Ep56: The secret war in Laos

    20 november 2020 · 18 min

    Afspelen
    Laotians are still suffering collateral damage from a covert war that the US waged in the country half a century ago. Felipe Valencia Caicedo tells Tim Phillips about the devastating impact of the bombing of Laos, and how we can help victims of conflict in future. Lees meer
  3. S3 Ep55: A history of public debt

    13 november 2020 · 22 min

    Afspelen
    When we compare ratios of debt to GDP, do we look closely enough at the political and financial context in which the debts were calculated? Eric Monnet of the Paris School of Economics tells Tim Phillips about how our statistical methods and assumptions have evolved. Lees meer
  4. S3 Ep54: Europe should throw out its fiscal rulebook

    6 november 2020 · 19 min

    Afspelen
    The EU's increasingly complex system of fiscal rules should be replaced by a system of fiscal standards instead, Olivier Blanchard tells Tim Phillips. Lees meer

    You can watch the recording of Olivier presenting his paper on Fiscal Standards for Europe at the 72nd Economic Policy Journal Panel Meeting here

    The full paper, Redesigning the EU Fiscal Rules: From Rules to Standards by Olivier Blanchard, Alvaro Leandro and Jeromin Zettelmeyer, can be downloaded here

  5. S3 Ep53: Gun control in Brazil

    30 oktober 2020 · 15 min

    Afspelen
    In 2003 Brazil enacted strict gun control legislation. Rodrigo Schneider tells Tim Phillips about the effects on crime and homicide, and whether we can assume there would be a similar impact in other countries.
    Find more about Rodrigo's paper Crime and political effects of a right-to-carry ban in Brazil , presented at the 72nd Economic Policy Panel Meeting
    Lees meer
  6. S3 Ep52: The price of a vote

    26 oktober 2020 · 21 min

    Afspelen

    How well does campaign finance work, and which political parties benefit most? Julia Cagé tells Tim Phillips how the price of a vote has varied in recent British and French elections.

  7. S3 Ep51: Nepotism in academia

    23 oktober 2020 · 12 min

    Afspelen

    How much did nepotism in Europe's ancient universities hold back progress? David De La Croix tells Tim Phillips about his fascinating research into the emergence of modern science.

  8. S3 Ep50: The Black Death

    16 oktober 2020 · 21 min

    Afspelen

    Seven hundred years ago the worst pandemic in history killed almost half the population of Europe and the Middle East. Mark Koyama tells Tim Phillips about the centuries-long economic impact of the Black Death.

  9. S3 Ep49: Politics and ethnicity in Africa

    9 oktober 2020 · 23 min

    Afspelen

    Some ethnic groups are active in African politics, and some are not. Valeria Rueda tells Tim Phillips the fascinating story of how two socioeconomic revolutions more than a century ago shaped post-colonial political power.

  10. S3 Ep48: Should Google be allowed to acquire Fitbit?

    5 oktober 2020 · 33 min

    Afspelen
    Another week, another tech merger, but this time with huge potential implications for who owns our health data and how it is used. Cristina Caffarra and Greg Crawford tell Tim Phillips why 17 economists have written a paper describing harm that Google's acquisition of Fitbit would cause to consumers. Lees meer

    Download Policy Insight 107, or read about it at VoxEU.

  11. S3 Ep47: Publishing in economics

    28 september 2020 · 20 min

    Afspelen
    Academic economists need to be published, but is the journal system fair and efficient? Sebastian Galiani and Ugo Panizza tell Tim Phillips about a new free VoxEU ebook that tackles racism in publishing, whether you should be judged by your citations, and the tyranny of the top five. Lees meer

    Download Publishing and measuring success in economics.

  12. S3 Ep46: The old songs

    25 september 2020 · 10 min

    Afspelen
    In a crisis, do we get nostalgic about music? Timothy Yeung tells Tim Phillips about Spotify data that suggests we look for comfort by seeking out songs we know. Lees meer

    Read the research in Covid Economics.

  13. S3 Ep45: Post-pandemic transport policy

    22 september 2020 · 12 min

    Afspelen
    In the UK, public transport use has remained low after lockdown - but car use is almost back to pre-pandemic levels. What does this mean for a sustainable transport policy? David Newbery tell Tim Phillips how we could tax and incentivise ways to get around after the pandemic. Lees meer
  14. S3 Ep44: Trustworthiness in the financial sector

    18 september 2020 · 11 min

    Afspelen

    Do scandals happen in banks because they recruit people who can't be trusted? Matthias Heinz tells Tim Phillips about new research with a sobering message for bank HR departments.

  15. S3 Ep43: What next for the UK's furloughed workers?

    15 september 2020 · 14 min

    Afspelen
    Nine million workers were furloughed in the UK this summer. What was the experience like for them, and what will happen to them now? Abi Adams-Prassl tells Tim Phillips about how the Job Retention Scheme worked in practice, and what we can learn about short-time work. Lees meer
  16. S3 Ep42: Kindergartens in America

    11 september 2020 · 11 min

    Afspelen

    At the beginning of the 20th century more than 7,000 kindergartens were set up in the US. Philipp Ager and Francesco Cinnirella tell Tim Phillips about the profound effect of preschool on the life chances of a generation of immigrants.

  17. S3 Ep41: Racism and the "China virus"

    4 september 2020 · 14 min

    Afspelen

    Many Americans blame China for Covid-19. Runjing Lu tells Tim Phillips that the way politicians have exploited the pandemic has led to an increase in prejudice against the US Asian community.

  18. S3 Ep40: Restoring financial stability to India

    28 augustus 2020 · 28 min

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    In a new book based on his time as deputy governor of India's central bank, Viral Acharya warns that India's bloated public sector is strangling growth. The economy urgently needs institutional reform, he tells Tim Phillips - and now is the perfect time to do it. Lees meer

    Viral's book is called Quest for Restoring Financial Stability in India, and is published by Sage India.

  19. S3 Ep39: A new explanation for wage stagnation

    21 augustus 2020 · 11 min

    Afspelen

    Low-skilled workers are concentrated in sectors with fast productivity growth, so why isn't their pay rising? Rachel Ngai tell Tim Phillips that one explanation is in how low-skilled workers are reallocated between different sectors.

  20. S3 Ep38: Bailing out the kids

    18 augustus 2020 · 12 min

    Afspelen

    How much do we bail out our family in a crisis? By matching financial transactions and administrative data in Denmark, Niels Johannesen comes up with an answer for Tim Phillips.

  21. S3 Ep37: Does social media make us xenophobic?

    14 augustus 2020 · 8 min

    Afspelen

    Xenophobic attacks are on the rise around the world. Does social media help cause them? Maria Petrova tells tim Phillips about shocking new research from Russia.

  22. S3 Ep36: Europe's zombie lending

    7 augustus 2020 · 38 min

    Afspelen
    Viral Acharya tell Tim Phillips that the action to save Europe's financial sector after 2008 has delayed reform in the banking sector - creating a decade of lending to zombie firms that has stifled economic growth.
    Acharya on Zombies and disinflation at VoxEU.
    Lees meer
  23. S3 Ep35: Recessions increase inequality

    31 juli 2020 · 18 min

    Afspelen

    Most high earners bounce back from recessions. But Gianluca Violante tells Tim Phillips that, for the last 50 years, it has been a different story for low earners.

  24. S3 Ep34: Valuing digital services

    24 juli 2020 · 14 min

    Afspelen
    The Covid-19 lockdown has provided the opportunity to measure the financial value we give to 'free' digital services like social media and Google search. Diane Coyle and David Nguyen tell Tim Phillips what they discovered, and whether this value should be counted in GDP. Lees meer

    Read the paper in Covid Economics 33, or this article on VoxEU.

  25. S3 Ep33: The mechanics of the industrial revolution

    17 juli 2020 · 19 min

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    Skilled artisans were needed to build, improve and mend the machines that powered the industrial revolution. Joel Mokyr tells Tim Phillips how this can help explain why the revolution happened when - and where - it did.

  26. S3 Ep32: Solving Europe's productivity puzzle

    10 juli 2020 · 25 min

    Afspelen
    In the recovery from Covid-19 we urgently need to boost productivity. But which policies move the needle? Filippo di Mauro tells Tim Phillips about what CompNet's firm-level productivity data tells us about both the problem and the solution. Lees meer

    Find out more about what the data is telling us.

  27. S3 Ep31: Banks under pressure

    8 juli 2020 · 15 min

    Afspelen
    Low profitability, non-performing loans, and competition from Big Tech. A new report from the CEPR concludes that the banking sector faces "deep restructuring". Xavier Vives tell Tim Phillips why. Lees meer

    Read about the report and download it.

  28. S3 Ep30: To each according to their needs

    3 juli 2020 · 31 min

    Afspelen
    Kaushik Basu's time as World Bank chief economist inspired him to think radically about how to change the way the global economy works. He tells Tim Phillips about why public ownership and profit-sharing may be essential, and what we can still learn from Karl Marx. Lees meer
  29. S3 Ep29: Coping with Covid in developing economies

    26 juni 2020 · 16 min

    Afspelen
    A new ebook from the CEPR and the International Development Policy Journal discusses the threat to developing and emerging economies from the pandemic, and what we can do about it. Ugo Panizza is one of the editors, and he joins Tim Phillips to discuss capital flight, conflict, and what advanced economies and can do to help.
    Download Covid in Developing Economies - it's free.
    Lees meer
  30. S3 Ep28: Who gets exposed to Covid-19?

    19 juni 2020 · 14 min

    Afspelen
    Different countries and cities have different rates of Covid exposure, but what can explain the difference in incidence between neighbourhoods? New York residents Milena Almagro and Angelo Orane-Hutchinson tell Tim Phillips what made the difference in their city. Lees meer

    Read their research in Covid Economics 13.

  31. S3 Ep27: The Great Reversal

    12 juni 2020 · 24 min

    Afspelen

    Thomas Philippon's new book argues that in the last 20 years the US has “given up” on free markets. As a result, he tells Tim Phillips, American families are each $5,000 a year poorer.

  32. S3 Ep26: Structural transformation and economic growth

    3 juni 2020 · 15 min

    Afspelen
    This week the CEPR launches a new research programme called STEG - Structural Transformation and Economic Growth. Ahead of the kick-off workshop on June 4 and 5, Joe Kaboski and Doug Gollin tell Tim Phillips what STEG hopes to achieve, and Rachel Glennerster explains why DFID is funding it.
    Register for the workshop or discover STEG here.
    Lees meer
  33. S3 Ep25: Time for beds

    29 mei 2020 · 20 min

    Afspelen
    The mortality statistics of the Covid-19 outbreak suggest that your country's medical infrastructure has a big influence on how likely you are to survive. Nathan Sussman has examined the data and tells Tim Phillips why all countries should be urgently investing in their health services.
    Read "Time for Beds" in issue 11 of Covid Economics.
    Lees meer
  34. S3 Ep24: Tech industry mergers

    22 mei 2020 · 17 min

    Afspelen

    Should competition authorities intervene more often in tech mergers? Be careful, Luis Cabral tells Tim Phillips: they risk stifling innovation if they do.

  35. S3 Ep23: Helicopter money

    18 mei 2020 · 12 min

    Afspelen
    In every crisis, economists will tell us that it is time for helicopter money, and Covid-19 is no different. But the helicopters never seem to take off. Donato Maschiandaro tells Tim Phillips why not.
    Read about helicopter money in Issue 7 of Covid Economics.
    Lees meer
  36. S3 Ep22: The Swedish solution to Covid-19

    15 mei 2020 · 17 min

    Afspelen
    Do we close our public spaces to protect our communities from Covid-19, or keep them open, as in Sweden? Dirk Krueger tells Tim Phillips that informing the public and then trusting individuals to make good choices might deliver a decline in infections, while minimising the Covid recession. Lees meer

    Download Covid Economics 5, including Dirk's paper.
    Picture: Creative Commons/Vogler

  37. S3 Ep21: The myth of British inventive genius

    8 mei 2020 · 18 min

    Afspelen
    On the 75 anniversary of the VE Day, David Edgerton tells Tim Phillips that Britain's belief in its go-it-alone scientific and inventive genius is “deluded”, and has stunted the nation's postwar growth.
    Download The Economics of the Second World War Seventy-Five Years On, featuring David's chapter.
    Lees meer
  38. S3 Ep20: Do the rich get more coronavirus tests?

    29 april 2020 · 15 min

    Afspelen

    Last month the media accused New York's wealthy residents of jumping the queue for Covid-19 testing. Stephanie Schmitt-Grohé, a New York resident herself, ran the numbers. She tells Tim Phillips what she discovered.

  39. S3 Ep19: We need a Covid-19 debt standstill

    27 april 2020 · 22 min

    Afspelen
    In a new paper called Born out of necessity, a group of economists and lawyers propose a way for developing and emerging countries to temporarily redirect debt repayments to fund Covid-19 relief. Ugo Panizza and Mitu Gulati tell Tim Phillips how it would work. Lees meer

    Read about this controversial idea at VoxEU.

  40. S3 Ep18: John Maynard Keynes's art portfolio

    21 april 2020 · 17 min

    Afspelen

    Keynes amassed an extensive collection of fine art during his lifetime. David Chambers tells Tim Phillips what the financial returns on his investment have been, and the insight this gives us into how to value an art portfolio as an asset.

  41. S3 Ep17: Lessons from the Ebola crisis on dealing with Covid-19

    9 april 2020 · 12 min

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    The 2014 Ebola outbreak in Sierra Leone affected an area which included a pioneering experiment in community healthcare. Oeindrila Dube tells Tim Phillips about the lifesaving impact of this experiment - and two important lessons we can learn that may help to contain the spread of Covid-19 in Africa. Lees meer
  42. S3 Ep16: Modelling the economic consequences of Covid-19

    7 april 2020 · 13 min

    Afspelen
    When Covid-19 wasn't even on the radar of most policymakers, Warwick McKibbin of ANU used his experience from previous pandemics to create seven scenarios for its impact. All implied a major shock to the global economy. Tim Phillips asks him how his model was able to capture the nature of Covid-19, and which policymakers listened to the warning. Lees meer

    Read about McKibbin's scenarios in Chapter 3 of Economics in the Time of Covid-19.

  43. S3 Ep15: How much do governments lend to each other in a crisis?

    27 maart 2020 · 11 min

    Afspelen
    In international crises, disasters and wars, private lenders disappear. But governments have stepped in and lent far more to each other than we previously thought. Christoph Trebesch tells Tim Phillips that new data on 200 years of official lending may contain unexpected good news for countries crippled by Covid-19. Lees meer

    Read 'Coping with disasters: Lessons from two centuries of international response' at VoxEU

  44. S3 Ep14: The coronavirus shock to financial stability

    25 maart 2020 · 21 min

    Afspelen

    Enrico Perotti tells Tim Phillips that while regulatory reform means that banks are unlikely to be at risk, the same is not true for the shadow banking sector. Does this threaten financial stability, and what should policymakers do about it?

  45. S3 Ep13: A Covid credit line for Europe

    23 maart 2020 · 11 min

    Afspelen
    How can euro area countries work together to protect their economies? A diverse group of economists has suggested the creation of an emergency Covid credit line. Beatrice Weder di Mauro tells Tim Phillips how it would work. Lees meer

    Read about the Covid credit line on VoxEU

  46. S3 Ep12: Singapore's response to Covid-19

    20 maart 2020 · 20 min

    Afspelen
    In a VoxTalks special, Danny Quah tells Tim Phillips how Singapore defended itself against the health and economic impact of Covid-19, and what other countries can learn from its actions. Lees meer

    Download the VoxEU book Mitigating the Covid Economic Crisis.

  47. S3 Ep11: The polarization of reality

    20 maart 2020 · 16 min

    Afspelen

    We think about political polarization as a disagreement about policies. But what if the voters can't even agree on the facts? Stefanie Stantcheva tells Tim Phillips about new research that has profound implications for democracy.

  48. S3 Ep10: Economics in the time of Covid-19

    10 maart 2020 · 19 min

    Afspelen
    How big are Covid-19's economic consequences? That's the theme of a new VoxEU book with contributions from many of the world's most experienced policymakers with expertise in this area. Beatrice Weder di Mauro and Richard Baldwin, the book's editors, give Tim Phillips the (mostly) bad news. Lees meer

    Download the book: it's free.

  49. S3 Ep9: Women in Economics

    6 maart 2020 · 20 min

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    Women are under-represented in economics, and the situation is not improving. Economists Shelly Lundberg, Donna Ginther, Jenna Stearns and Erin Hengel talk to Tim Phillips about VoxEU's new book on the subject that examines the barriers that women face in the profession, and also suggests ways to support the next generation of female economists. Lees meer

    Download the book here, it's free.

  50. S3 Ep8: Digital market merger policy

    28 februari 2020 · 18 min

    Afspelen

    In the last decade, global digital giants have snapped up hundreds of smaller, innovative companies. Should competition authorities have intervened more often? Tomaso Duso tells Tim Phillips about new research that suggests they should.