Labor Rationing

By Emily Breza, Supreet Kaur, and Yogita Shamdasani

American Economic Review, October 2021

This paper measures excess labor supply in equilibrium. We induce hiring shocks—which employ 24 percent of the labor force in external month-long jobs—in Indian local labor markets. In peak months, wages increase instantaneously and local aggregate em...

Lazear-Liang Postdoctoral Program

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The Political Premium of Television Celebrity

By Heyu Xiong

American Economic Journal: Applied Economics, October 2021

This paper studies the electoral consequences of television stardom through the career of Ronald Reagan. I utilize quasi-experimental variation in television reception to estimate the causal effect of celebrity exposure on political support. I find that...

Celebrity politics

[Research Highlight]

September 27, 2021

The impact of television stardom on elections.

2022 John Bates Clark Medal Nominations

[News]

September 27, 2021

Economics Departments invited to submit nominations for the 2022 John Bates Clark Medal.

Associate/Full Professor, Environmental Economics (R0002080)

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Expanding broadband access

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How does high-speed internet affect the employment prospects of low-income Americans?

Letter from Director of the AEA Summer Training Program

[News]

October 06, 2021

Read the letter from Omari Swinton, Director of the AEA Summer Training Program, October 7, 2021.

Barriers to expanding coverage

[Research Highlight]

October 06, 2021

How can developing countries mitigate the challenges to universal health insurance?

The Challenges of Universal Health Insurance in Developing Countries: Experimental Evidence from Indonesia's National Health Insurance

By Abhijit Banerjee, Amy Finkelstein, Rema Hanna, Benjamin A. Olken, Arianna Ornaghi, and Sudarno Sumarto

American Economic Review, September 2021

To investigate barriers to universal health insurance in developing countries, we designed a randomized experiment involving about 6,000 households in Indonesia who are subject to a government health insurance program with a weakly enforced mandate. Time-...

Pollution feeds aggression

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Areas downwind from major Chicago highways experienced more violent criminal activity than those upwind.

Congratulations to David Card, Joshua Angrist, and Guido Imbens on being awarded the 2021 Nobel Prize in Economic Sciences

[News]

October 11, 2021

AEA President David Card lauded for contributions to labor economics alongside Joshua Angrist and Guido Imbens for their methodological contributions to the analysis of causal relationships.

Assistant Professor

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Growth by proximity

[Research Highlight]

October 04, 2021

Enrico Moretti discusses the effect of high-tech hubs on innovation.

The Effect of High-Tech Clusters on the Productivity of Top Inventors

By Enrico Moretti

American Economic Review, October 2021

The high-tech sector is concentrated in a small number of cities. The ten largest clusters in computer science, semiconductors, and biology account for 69 percent, 77 percent, and 59 percent of all US inventors, respectively. Using longitudinal data on 10...

Call for Proposals: The Pacific Center for Asset Management at UCSD

[News]

October 13, 2021

Submit proposals by November 15, 2021.

Assistant, Associate, or Full Professor of Professional Practice

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The rise of advertising giants in the attention economy

[Research Highlight]

October 15, 2021

Is consolidation among marketing networks driving down online advertising sales?

From Mad Men to Maths Men: Concentration and Buyer Power in Online Advertising

By Francesco Decarolis and Gabriele Rovigatti

American Economic Review, October 2021

This paper analyzes the impact of intermediary concentration on the allocation of revenue in online platforms. We study sponsored search documenting how advertisers increasingly bid through a handful of specialized intermediaries. This enhances automated ...