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VoxTalks Economics

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Learn about groundbreaking new research, commentary and policy ideas from the world's leading economists. Presented by Tim Phillips.

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Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episodes

S3 Ep20: Do the rich get more coronavirus tests?

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.

Apr 29, 202015 minSeason 3Ep. 20

S3 Ep19: We need a Covid-19 debt standstill

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. Read about this controversial idea at VoxEU.

Apr 27, 202022 minSeason 3Ep. 19

S3 Ep18: John Maynard Keynes's art portfolio

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.

Apr 21, 202017 minSeason 3Ep. 18

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

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.

Apr 09, 202012 minSeason 3Ep. 17

S3 Ep16: Modelling the economic consequences of Covid-19

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

Apr 07, 202013 minSeason 3Ep. 16

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

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

Mar 27, 202011 minSeason 3Ep. 15

S3 Ep14: The coronavirus shock to financial stability

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?

Mar 25, 202021 minSeason 3Ep. 14

S3 Ep13: A Covid credit line for Europe

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. Read about the Covid credit line on VoxEU

Mar 23, 202011 minSeason 3Ep. 13

S3 Ep12: Singapore's response to Covid-19

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. Download the VoxEU book Mitigating the Covid Economic Crisis .

Mar 20, 202020 minSeason 3Ep. 12

S3 Ep11: The polarization of reality

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.

Mar 20, 202016 minSeason 3Ep. 11

S3 Ep10: Economics in the time of Covid-19

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. Download the book : it's free.

Mar 10, 202019 minSeason 3Ep. 10

S3 Ep9: Women in Economics

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. Download the book here , it's free.

Mar 06, 202020 minSeason 3Ep. 9

S3 Ep8: Digital market merger policy

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.

Feb 28, 202018 minSeason 3Ep. 8

S3 Ep7: The history of immigration quotas

A century ago, American nativists succeeded in establishing immigration quotas to drive up the wages of US workers. What happened next? Not what you might think, Leah Boustan tells Tim Phillips.

Feb 21, 202020 minSeason 3Ep. 7

S3 Ep6: Education creates peace

New research shows how a school-building programme in Indonesia successfully reduced conflict. Dominic Rohner tells Tim Phillips about this unanticipated peace dividend, and how the CEPR's research and policy network on conflict reduction will help policymakers.

Feb 14, 202018 minSeason 3Ep. 6

S3 Ep5: Central banks and regional inequality

Is regional inequality a problem that central banks should worry about? Andy Haldane of the Bank of England tells Tim Phillips why he thanks the answer is yes: but why we also need to think about what, and how, we measure.

Feb 07, 202013 minSeason 3Ep. 5

S3 Ep4: The origins of tech clusters

Why are cities so keen to create their own technology clusters, and why is it so difficult? Bill Kerr of Harvard Business School tells Tim Phillips what economists know (and don't know) about where tech clusters come from.

Jan 31, 202027 minSeason 3Ep. 4

S3 Ep3: Betting on the Lord

An experiment in Haiti shows that people take more risks in the presence of religious images, even if there is less chance they will win. Emmanuelle Auriol tells Tim Phillips about the challenges that belief in a higher power presents for economic development.

Jan 24, 202012 minSeason 3Ep. 3

S3 Ep2: Regenerating the cities that were left behind

When the industries that have sustained our cities decline, how can we regenerate urban areas? At the SUERF conference in Amsterdam, Tony Venables and Charles Goodhart tell Tim Phillips that redevelopment policies may have made regional inequality and social conflict worse.

Jan 17, 202014 minSeason 3Ep. 2

S3 Ep1: Will there be a post-Brexit financial services deal?

In 2020, the UK and the EU will try to strike a post-Brexit deal in financial services. At the SUERF conference in Amsterdam, David Miles and Iain Begg explain to Tim Phillips what's at stake in the negotiations, and who would suffer most if there's no deal.

Jan 10, 202016 minSeason 3Ep. 1

S2 Ep52: Has the randomista revolution gone too far?

This year's Nobel prize celebrated the work of the economists who popularised randomised controlled trials, “for their experimental approach to alleviating global poverty”. But is it possible to have too much of a good thing? Tim Phillips investigates. Picture © Nobel Media 2019. Illustration: Niklas Elmehed.

Dec 23, 201915 minSeason 2Ep. 52

S2 Ep51: Burying bad news

New research demonstrates what we all suspected: for decades, politicians have routinely used busy news days to bury unpopular announcements. Ruben Durante educates Tim Phillips in the politics of distraction.

Dec 20, 201916 minSeason 2Ep. 51

S2 Ep50: Helping parents to read with their children

Language skills for preschoolers help them achieve more when they get to school, but some parents are better than others at helping their kids to develop these skills. Denis Fougère and Carlo Barone tell Tim Phillips about a successful experiment in Paris to help less-educated parents spend time reading with their children.

Dec 13, 201923 minSeason 2Ep. 50

S2 Ep49: Wealth taxes

Few countries tax their citizens' wealth annually, but Switzerland is one of them. Marius Brülhart tells Tim Phillips about a natural experiment in Switzerland's cantons that teaches us about how people would respond if more countries decided to tax wealth instead of income.

Dec 06, 201919 minSeason 2Ep. 49

S2 Ep48: How the mobile internet changed politics

The mobile internet, promises to give us access to information anywhere, 24 hours a day. So how has it influenced trust in governments, politics, and politicians? Sergei Guriev tells Tim Phillips about how, all over the world, 3G has reduced trust in government and aided the rise of populism.

Nov 29, 201920 minSeason 2Ep. 48

S2 Ep47: Can the stock market help save the planet?

We think about climate policies as moderating or interceding in markets. But a new paper implies that when stock markets play a bigger part in the economy, polluting industries become cleaner. Tim Phillips asks Ralph De Haas of the European Bank for Reconstruction and Development whether we already have a green finance initiative under our noses.

Nov 22, 201919 minSeason 2Ep. 47

S2 Ep46: The Great Expectations of the middle class

When there's a financial crisis, policymakers and politicians increasingly kowtow to the demands of an influential group: the global middle class. Jeffrey Chwieroth and Andrew Walter tell Tim Phillips how their Great Expectations are destabilising the world economy. Read about Great Expectations at VoxEU.

Nov 15, 201930 minSeason 2Ep. 46

S2 Ep45: How to improve consumer credit ratings

Doing a good job of deciding who can borrow is fundamental for the global economy. Stefania Albanesi tells Tim Phillips that current consumer credit ratings do a poor job at predicting which of us will default, and explains how she has used machine learning to improve them.

Nov 08, 201928 minSeason 2Ep. 45

S2 Ep44: Let's stay together

When the law changed to allow same-sex partners to get married, did the symbolism of marriage have any effect on the stability of relationships? Shuai Chen tells Tim Phillips about a surprising result from The Netherlands.

Nov 01, 201912 minSeason 2Ep. 44

S2 Ep43: The cost of dying

How much is spent on end-of-life care, and who foots the bill? Eric French of UCL tells Tim Phillips about the total cost of the last year of our lives, and how different countries have very different ideas of who should pay it. Read about the research at VoxEU.org , and download the VoxEU book about the economics of ageing....

Oct 25, 201918 minSeason 2Ep. 43
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