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    Why has regional income convergence declined?

    Why has regional income convergence declined?

    August 4, 2016

    The Brookings Institution | By Peter Ganong, Chicago Harris School of Public Policy, and Daniel Shoag (Ph.D. '11), Associate Professor of Public Policy, Harvard Kennedy School.

    For one hundred years, per capita incomes in poorer U.S. states have grown more rapidly than incomes in richer states, narrowing the gap between them.  Over the past three decades, though, the rate of convergence has slowed sharply. It has become more difficult for poorer states to catch up with richer states. In a paper presented at the Municipal Finance Conference, Ganong and Shoag attribute this slowdown in convergence to increasingly tight land use regulations in wealthy areas.

    Carola Frydman

    Why Has CEO Pay Grown So Much Faster Than the Average Worker’s?

    August 3, 2017

    Kellogg Insight | Based on the research of Carola Frydman (PhD 2006) and Dimitris Papanikolaou. Carola Frydman is Associate Professor of Finance in the Kellogg School of Management, Northwestern University. View the research: “In Search of Ideas: Technological Innovation and Executive Pay Inequality.” Journal of Financial Economics (Oct 2018).

    View the research ►
    Why Flint's children can't leave the city that poisoned them

    Why Flint's children can't leave the city that poisoned them

    March 4, 2016

    Washington Post | If we do help families move, what happens to the disinvested places they leave, and the people who choose (or have no choice) to stay there? Are resources better spent trying to revive Flint, or helping people who want to abandon it?..."It’s the hardest question that we’re faced with now that we think places matter," Nathaniel Hendren [Assistant Professor of Economics] says.  

    Why Falling Home Prices Could Be a Good Thing

    Why Falling Home Prices Could Be a Good Thing

    February 10, 2017

    The New York Times | "Suppose there were a way to pump up the economy, reduce inequality, and put an end to destructive housing bubbles like the one that contributed to the Great Recession." Discusses recent paper by economists Edward Glaeser of Harvard and Joe Gyourko at the Wharton School of the University of Pennsylvania, which reviews the basic economics and functioning of the U.S. housing market "to better understand the impacts on home prices, household wealth, and the spatial distribution of people across markets."

    Also cites research by Daniel Shoag (Ph.D. '11), Associate Professor of Public Policy at Harvard, and Peter Ganong of the University of Chicago, on the role of housing prices in limiting the ability of low-income workers to migrate to higher-wage areas, thereby contributing income inequality.

    Why elite colleges should use a lottery to admit students

    Why elite colleges should use a lottery to admit students

    January 8, 2019

    The Conversation | By Natasha Warikoo PhD 2005, Associate Professor of Education, Harvard University. Reprinted in Times Higher Education, Quartz, San Francisco Chronicle, and others. Selected for Five Best Ideas of the Day by The Aspen Institute.

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