Survey says?

[Research Highlight]

April 02, 2019

Inaccurate Census data has led researchers to underestimate the effectiveness of anti-poverty programs.

Connecting Africa to the digital fastlane

[Research Highlight]

March 27, 2019

How did high-speed, high-capacity Internet affect African businesses and workers?

The downsides of making benefits more flexible

[Research Highlight]

April 17, 2019

For the neediest, giving in-kind may be better than giving cash.

Understanding "underemployment"

[Page]

A new paper explores the dynamics when college graduates take jobs for which they are overqualified.

The Comparative Statics of Optimal Hierarchies

By Cheng Chen and Wing Suen

American Economic Journal: Microeconomics, May 2019

Several classes of models of hierarchical organizations share two common properties: the characteristics at different levels of the hierarchy are complementary, but this complementarity does not extend beyond adjacent levels. We propose a unified yet simp...

Policies in Relational Contracts

By Daniel Barron and Michael Powell

American Economic Journal: Microeconomics, May 2019

We consider how a firm's policies constrain its relational contracts. A policy is a sequence of decisions made by a principal; each decision determines how agents' efforts affect their outputs. We consider surplus-maximizing policies in a flexible dynamic...

Giving and taking between husband, wives, and co-wives

[Page]

How does family structure affect cooperation?

Panel Study of Income Dynamics Annual User Conference 2019

[News]

April 30, 2019

The deadline for submissions is June 3, 2019.

Edward Lazear, Distinguished Fellow 2019

[Page]

Edward Lazear is a 2019 Distinguished Fellow

Ariel Pakes, Distinguished Fellow 2019

[Page]

A Pseudo-Market Approach to Allocation with Priorities

By Yinghua He, Antonio Miralles, Marek Pycia, and Jianye Yan

American Economic Journal: Microeconomics, August 2018

We propose a pseudo-market mechanism for no-monetary-transfer allocation of indivisible objects based on priorities such as those in school choice. Agents are given token money, face priority-specific prices, and buy utility-maximizing random assignments....

Alvin Roth, Distinguished fellow 2018

[Page]

Olivier Blanchard, Distinguished Fellow 2019

[Page]

Geographic Cross-Sectional Fiscal Spending Multipliers: What Have We Learned?

By Gabriel Chodorow-Reich

American Economic Journal: Economic Policy, May 2019

A geographic cross-sectional fiscal spending multiplier measures the effect of an increase in spending in one region of a monetary union. Empirical studies of such multipliers have proliferated. I review this research and what the evidence implies for nat...

Are Home Buyers Inattentive? Evidence from Capitalization of Energy Costs

By Erica Myers

American Economic Journal: Economic Policy, May 2019

This paper explores whether home buyers are attentive to energy costs. The cost-effectiveness of market-based pollution policies crucially depends on whether consumers are attentive to energy costs when purchasing energy-using durables. I exploit energy-c...

Emi Nakamura, Clark Medalist 2019

[Page]

Emi Nakamura is the Clark Medalist for 2019

Amy Finkelstein, Clark Medalist 2012

[Page]

Amy Finkelstein is the 2012 Clark Medalist

Margaret Slade, Distinguished Fellow 2019

[Page]

Land reforms that left Indian girls behind

[Research Highlight]

April 29, 2019

Why has economic growth not led to more gender equality in India?

Clark medal winner Emi Nakamura receives widespread coverage

[News]

May 03, 2019

The Wall Street Journal, The Economist, and Bloomberg feature UC Berkeley macroeconomist.