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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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Episodes

S5 Ep29: Defusing the carbon bombs

Recorded live at CEPR Paris Symposium 2022: Sanctions against Russia have sent the price of oil and gas rocketing – triggering more, not less, fossil fuel extraction, and some giant projects that have been called “carbon bombs”. Mar Réguant and Rick van der Ploeg tell Tim Phillips that these bombs will explode the climate commitments agreed in Paris in 2015.

Jun 29, 202219 minSeason 5Ep. 29

S5 Ep28: Inflation and Europe’s public finances

Recorded live at CEPR Paris Symposium 2022: What are the consequences of an extended period of above-target inflation for the euro area? Agnès Bénassy-Quéré and Giancarlo Corsetti discuss policy options with Tim Phillips.

Jun 24, 202220 minSeason 5Ep. 28

S5 Ep27: The Economics of Brexit

The latest CEPR ebook investigates the impact of Brexit so far on the economies of the UK and EU. Tim Phillips talks to three of the authors: Jonathan Portes, Thomas Sampson and Sarah Hall.

Jun 23, 202226 minSeason 5Ep. 27

S5 Ep26: The consequences of war for the EU

Recorded live at CEPR Paris Symposium 2022: What are the long-term consequences of the conflict in Ukraine for the EU? Lucrezia Reichlin and Philippe Martin discuss the impact of the war on trade, energy security, fiscal policy, and green transition with Tim Phillips.

Jun 22, 202215 minSeason 5Ep. 26

S5 Ep25: Piketty on equality

Recorded live at CEPR Paris Symposium 2022: Thomas Piketty’s short new book promises A brief history of equality. He tells Tim Phillips about why institutions are precarious, why policymakers should consider the consequences for inequality before they intervene – but also why we should be optimistic about the long-term trends in equality.

Jun 17, 202213 minSeason 5Ep. 25

S5 Ep24: Male and female voices in economics

We know women are under-represented in economics. But if male economists are more comfortable expressing a strong opinion, does this increase the perceived imbalance? Sarah Smith tells Tim Phillips about new research into the difference between male and female voices in economics.

Jun 10, 202217 minSeason 5Ep. 24

S5 Ep23: The price of war

How hard will sanctions on Russia bite? Anna Pestova and Mikhail Mamonov tell Tim Phillips about the depth of the economic hardship that the Russian people will suffer in 2022.

Jun 03, 202220 minSeason 5Ep. 23

S5 Ep22: What is the purpose of a finance professor?

Alex Edmans asked this question in his keynote at the Financial Management Association Annual Meeting and offered some provocative answers. He tells Tim Phillips about passion, luck, originality, and the value of teaching.

May 27, 202220 minSeason 5Ep. 22

S5 Ep21: The food crisis has no respect for borders

This week António Guterres, secretary-general of the UN, warned that the war in Ukraine would tip tens of millions into food insecurity. Guido Porto and Bob Rijkers tell Tim Phillips about who suffers and how much from food price inflation.

May 20, 202216 minSeason 5Ep. 21

S5 Ep20: What can helicopter money do?

If you're going to drop lots of money from a helicopter, what will happen to the economy? When would it make a difference, and to who? Helicopter money is increasingly being taken seriously as policy. Ricardo Reis tells Tim Phillips whether helicopter money really can solve our economic problems.

May 13, 202223 minSeason 5Ep. 20

S5 Ep19: Helping fathers to acknowledge paternity

If fathers don't acknowledge paternity, it affects both mother and child. Should the state increase financial support for single parents, should we incentivise marriage – or is there another option? Anna Raute tells Tim Phillips that the surprising impact of an unrelated German social policy suggests there may be.

May 06, 202215 minSeason 5Ep. 19

S5 Ep18: The limits of microfinance

Microfinance has helped millions of the world's poor build better lives. But can it help the world's poorest people, who spend most of their lives growing food to feed their families, to diversify into other jobs? Jack Thiemel tells Tim Phillips about the impact of one of these projects, and what it tells us about the best ways to help the ultra-poor.

Apr 29, 202210 minSeason 5Ep. 18

S5 Ep17: Inequality and creative destruction

Governments are desperate to create innovation hubs or attract tech companies to kickstart economic growth, but that creates winners and losers. Richard Blundell tells Tim Phillips how policy can balance the impact of innovation on inequality and create policies so that creative destruction and social mobility can go hand-in-hand.

Apr 22, 202220 minSeason 5Ep. 17

S5 Ep16: How Fox News inspired vaccine hesitancy

At the height of the Covid-19 pandemic, some cable news hosts cast doubt on the effectiveness of vaccines. Matteo Pinna tells Tim Phillips about his research on the impact of Fox News on vaccination rates.

Apr 15, 202212 minSeason 5Ep. 16

S5 Ep15: Forced displacement, then and now

Syria, Venezuela, Ukraine: forced migration is constantly in the news, but these events have been happening for hundreds of years. Sascha Becker tells Tim Phillips about new research that is discovering the economic impact of mass displacement in history, both on refugees and on communities – and the lessons we can learn from the past.

Apr 07, 202223 minSeason 5Ep. 15

S5 Ep14: Motivated science and green innovation

Scientists create innovation. Is this because they are paid to do it, or because they care about the outcome? Tim Besley tells Tim Phillips how motivated science drives down the cost of innovation and may accelerate the green transition.

Apr 01, 202216 minSeason 5Ep. 14

S5 Ep13: Will Ukraine's economy survive the war?

Are the Ukrainian economy and financial system holding up to Russia's bombardment? Yevhenii Skok tells Tim Phillips whether emergency policies have been able to maintain liquidity and financial stability, how much damage has been done to Ukraine's productive capacity, and what a post-war financial rebuild would look like.

Mar 25, 202217 minSeason 5Ep. 13

S5 Ep12: Do schools change our religious attitudes?

Does compulsory religious education make us more likely to believe as adults, and does it make us more ethical? Ludger Woessmann, Larissa Zierow, and Benjamin Arold explain to Tim Phillips what educational reform in Germany can tell us.

Mar 18, 202217 minSeason 5Ep. 12

S5 Ep11: Women's liberation, household revolution

Until the second half of the 19th century, coverture laws granted married men almost unlimited power over the household. Moshe Hazan and David Weiss tell Tim Phillips about how abolition changed the number of children in a family, and how well those children were educated?

Mar 11, 202212 minSeason 5Ep. 11

S5 Ep10: Raising the pressure on Putin

Which economic sanctions against Russia are lawful, which are politically feasible, and which will bite? Luis Garicano - economist and MEP - describes what has been done so far and what more can be done.

Mar 05, 202217 minSeason 5Ep. 10

S5 Ep9: The lockdown supply shock

China's Covid lockdown in early 2020 shocked the business world. How did this surprise disruption affect the firms that rely on imported Chinese products? Isabelle Mejean tells Tim Phillips about the economic impact in France, and which firms were most resilient.

Mar 04, 202215 minSeason 5Ep. 9

S5 Ep8: A positive inflation target for the euro area

Inflation reduces economic welfare by distorting demand. But what is the inflation rate that minimises these distortions? Maybe it's a lot higher than our models assume, Klaus Adam tells Tim Phillips.

Feb 25, 202212 minSeason 5Ep. 8

S5 Ep7: Anti-LGBT discrimination in transition economies

A recent experiment in Serbia, Turkey and Ukraine attempted to overcome deep-seated prejudice against the LGBT community using information. Ralph De Haas and Cevat Aksoy of the European Bank for Reconstruction and Development tell Tim Phillips about which messages cut through, and what impact can they have in the face of religious and state hostility.

Feb 18, 202216 minSeason 5Ep. 7

S5 Ep6: A French revolution in state-building

One of the most remarkable achievements of the French Revolution for ordinary people was the reorganisation of local government. Cédric Chambru, Emeric Henry and Benjamin Marx tell Tim Phillips how local state capitals emerged as a result, and what this tells us about how state capacity develops.

Feb 11, 202213 minSeason 5Ep. 6

S5 Ep5: Macro-financial policies in an international financial centre

Since the GFC the UK has used innovative macroprudential and monetary policy tools to maintain stability. But the UK is an international financial centre, and so does this policy framework create spillovers in other places, and do influences from elsewhere affect stability in the UK? Yes and yes, says Thorsten Beck.

Feb 04, 202219 minSeason 5Ep. 5

S5 Ep4: Managing risk in global supply chains

Covid-19 demonstrated that modern global supply chains do not guarantee food in supermarkets or PPE in hospitals. Richard Baldwin tells Tim Phillips how risky these supply chains really are, and what we could do to shore them up.

Jan 28, 202215 minSeason 5Ep. 4

S5 Ep3: The other great migration

In the 20th century at least 6 million African Americans migrated from poor southern states to northern cities to escape discrimination and poverty, changing the course of American history. At least as many whites also migrated, taking their ideas with them. Samuel Bazzi tells Tim Phillips that they have also influenced social structures and politics in the US.

Jan 21, 202214 minSeason 5Ep. 3

S5 Ep2: AI: software for autocrats?

The Chinese government isn't just a world leader in the use of AI for facial recognition, its orders are funding innovation in its domestic industry too. But what's good news for entrepreneurs may be bad news for political protest, Noam Yuchtman tells Tim Phillips.

Jan 14, 202238 minSeason 5Ep. 2

S5 Ep1: The gender gap: Nature or nurture?

Are the differences between what men and women like decided at birth, or do we learn to prefer different things? Klaus Desmet tells Tim Phillips about new research that investigates global patterns in 45,397 Facebook interests.

Jan 07, 202219 minSeason 5Ep. 1

S4 Ep51: Europe's asylum lottery

Refugees from conflicts in Yemen, Syria, Iraq, and many other countries travel thousands of miles seeking a new life in Europe. But how likely are these refugees to be recognised as asylum seekers, and does it matter in which country they apply? Tim Hatton tells Tim Phillips that, despite efforts to standardise the process of granting asylum, there are still big differences in recognition rates across Europe.

Dec 17, 202116 minSeason 4Ep. 51
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