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Higher Seminar in Economics | Pro-Poor Transfers and Economic Preferences of the Rich and Poor with Imran Rasul, UCL

10/6/2021, 3:30 PM - 4:45 PM
The Department of Economics welcomes you to an online seminar with Imran Rasul, Professor of Economics at University College London, presenting a paper titled "Pro-Poor Transfers and Economic Preferences of the Rich and Poor". We study the impact of pro-poor transfers on the economic preferences of households in the context of small village economies in Pakistan and document the impacts of asset transfers and equivalent valued unconditional cash transfers.

Higher Seminar in Economics | The Education-Innovation Gap with Barbara Biasi, Yale

9/29/2021, 3:30 PM - 4:45 PM
Department of Economics is welcoming you to an online seminar with Barbara Biasi, Yale School of Management and NBER, presenting "The Education-Innovation Gap". This paper examines the production and diffusion of up-to-date knowledge by exploring the content of higher-education courses. We build new measure, the “education-innovation gap,” defined as the textual similarity between course syllabi and frontier knowledge published in academic journals.

Higher Seminar in Economics | Labor Market Institutions and Fertility with Virginia Sánchez Marcos

9/15/2021, 3:30 PM - 4:45 PM
The total fertility rates differ substantially across high-income countries. In some countries, the total fertility rate is as low as 1.3, and factors behind such low levels are not well understood. In this paper, we show that uncertainty created by dual labor markets (the coexistence of jobs with temporary and open-ended contracts) and inflexibility of work schedules are responsible for low fertility for college-educated women. This is an online seminar which will take place via Zoom.

Higher Seminar in Economics | Present Bias Amplifies the Household Balance-Sheet Channels of Macroeconomic Policy with Benjamin Moll

9/8/2021, 3:30 PM - 4:45 PM
Department of Economics is welcoming you to an online seminar with Benjamin Moll, LSE. We study the effect of monetary and fiscal policy in a heterogeneous-agent model where households have present-biased time preferences and naive beliefs. The model features a liquid asset and illiquid home equity, which households can use as collateral for borrowing.

Higher Seminar in Economics | Organizational Capacity and Profit Sharing with Daniela Scur

9/1/2021, 3:30 PM - 4:45 PM
This paper analyses the effect of a firm’s organizational capacity on reported profitability of multinational enterprises (MNEs). Better organizational practices improve productivity and the potential taxable profits of firms. However, higher adoption of these practices may also enable more efficient allocation of profits across tax jurisdictions, lowering actual taxable profits. We present new evidence that MNE subsidiaries with better such practices, when located in high-tax countries, report significantly lower profits and have higher incidence of bunching around zero returns on assets.