Learn about groundbreaking new research, commentary and policy ideas from the world's leading economists. Presented by Tim Phillips.
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Frédéric Samama has pioneered the development and introduction of instruments that make climate finance not only possible, but practical. He tells Alissa Kleinnijenhuis and Tim Phillips about his research, and how investors can incentivise firms to decarbonise.
During Covid, America waited every Thursday for the release of the Initial Jobless Claims numbers at 8.30am. What happened next? Nancy Xu tells Tim Phillips that asset price movements may reflect expectations of government intervention as well as sentiment about the economy.
Recorded at the CEPR Paris symposium 2023: In France, a law that compels many firms to share profits with their employees. Which employees end up earning more? And does their share in their employer’s success make them more productive? David Thesmar talks to Tim Phillips.
Recorded at CEPR Paris Symposium 2023: data that's collected at the level of a household, a firm, or even an individual is extraordinarily valuable for researchers. But there's not enough affordable, accessible, high-quality data of this type in Europe. Tim Phillips talks to Filippo di Mauro of CompNet and Ugo Panizza of the Graduate Institute in Geneva about their plans, backed by CEPR, to create more open, more consistent sources of policy-relevant microdata.
Recorded at CEPR Paris Symposium 2023: Can we make a link between pre-modern scholars and GDP – and, if so, what is that link? David de la Croix has compiled data on Europe’s scholars from 1000-1800AD, including their expertise, where they were born and where they studied. Tim Phillips asks him if the seeds of knowledge were also the seeds of modern economic growth.
Recorded at CEPR Paris Symposium 2023: Tim Phillips meets three of the young researchers who were chosen to present. Margot Belguise, Arnaud Dyevre and Yasmine van der Straten talk about their work – and offer some advice for anyone who is starting out on their research.
In the brief history of climate finance, Andrew Karolyi has been one of the pioneers, both as an author and a catalyst to encourage other finance experts to become involved. He talks to Alissa Kleinnijenhuis and Tim Phillips about what inspired him to take on what he calls “the wickedest of wicked problems”, how he kickstarted research on the topic, and the little-known involvement of King Charles III in the genesis of climate finance.
Recorded at CEPR Paris Symposium 2023: The Fed has been rapidly raising rates recently. In the recent past this would have caused a red alert in the central banks of emerging markets. But not this time – so why not? Sebnem Kalemli-Ozcan tells Tim Phillips why this time, it’s different.
Africa’s refugees often live in large, permanent camps. While the arrival of refugees is often an economic boost for the region, it is also bad for the health of the children of local families. Anna Maria Mayda and Jean-François Maystadt tell Tim Phillips how their research resolved this contradiction. Picture: Julien Harneis/Flickr
COP28 has just concluded. Every COP demonstrates both the urgent need to devise policies that will shape the future of our planet and the people who inhabit it, but also the difficulty of implementing those initiatives. That’s why CEPR is introducing 'Climate Change and the Environment' as its latest programme area. Mar Reguant, who will lead the programme, and Beatrice Weder di Mauro , President of CEPR talk to Tim Phillips about whether COP can ever deliver, how climate change is now a part of...
When city dwellers travel, they worry about problems like about traffic jams, congestion charges, and the time spent waiting for public transport. Nicolas Martinez made a model of what happens when a street-smart population decides how and when to travel every day, and he tells Tim Phillips about how he applied it to investigate the usefulness of Paris’s traffic regulations.
In the US, redistricting is done by the party in power. If you wanted to maximise the advantage to your side, how would you do it? And is that happening in practice? Allison Stashko talks to Tim Phillips about whether gerrymandering in the US is crossing the line.
In 1970 Milton Friedman told us that “The Social Responsibility of Business Is to Increase Its profits.” Faced with climate change, is that still the right objective for a company, and what could replace it? Dirk Schoenmaker, one of the authors of “Corporate Finance for Long-Term Value” talks to Alissa Kleinnijenhuis and Tim Phillips.
Our financial system is supposed to be more resilient than before the global financial crisis, but that didn’t save Silicon Valley Bank, Signature Bank or First Republic. So what went wrong, and can we fix it? Steve Cecchetti and Kim Schoenholtz suggest to Tim Phillips how regulators can make banking safer.
In the 1930s we didn’t know that drinking alcohol during pregnancy could affect the health of a baby. David Jacks of the National University of Singapore has used the repeal of Prohibition to investigate the impact on the long-term health of adults who were in utero when some mothers could drink alcohol, and some could not.
In today’s polarised atmosphere, violent attacks on politicians are not unusual, and women are more likely to be the victims. Are they victimised because they choose different policies, or just because of their gender? Gianmarco Daniele has investigated violence against women in Italian politics, and he talks to Tim Phillips about his disturbing findings.
Climate change will have an impact on the natural environment, and the natural environment will affect the rate of climate change. Is biodiversity risk reflected in asset prices? Is it possible to use private capital to finance biodiversity conservation and restoration, and what can that achieve? Alissa Kleinnijenhuis and Tim Phillips talk to Johannes Stroebel and Caroline Flammer.
By automating non-routine tasks, AI may have a profound effect on the jobs we do, and even whether those jobs exist. How much should we fear, and how much should we welcome this change? In the second of our podcasts from the Chicago Booth School Economic Experts Conference 2023, Tim Phillips speaks to John Van Reenen about how AI will affect our working lives.
When the Soviet Union collapsed, the narrative was that we were at “the end of history”. Now we have changed our minds: globalization is in retreat, and we're entering a new Cold War. Is this new narrative true? At the Chicago Booth School Economic Experts Conference 2023, Tim Phillips speaks to Beata Javorcik and Sergei Guriev about shifting geopolitics and the global economy.
New series: climate finance is an essential part of the fight against climate change. Join co-hosts Alissa Kleinnijenhuis and Tim Phillips for the important debates in climate finance, with the researchers and policymakers who are making a difference. In our introductory episode: What problems can climate finance solve, and how do we solve them? With guests Patrick Bolton, Viral Acharya, and Stefano Giglio.
On social media and in interviews, voters and their representatives sometimes seem full of rage. Is the current rise in populism driven by this anger, or is that conclusion too simplistic? Klaus Desmet tells Tim Phillips about what research into America’s angriest places tells us.
The Inflation Reduction Act of 2022 provided $350 billion in tax credits and other incentives for clean energy technologies in the US. So how did American policymakers respond when South Korean government officials declared it was a “betrayal”? Chad Bown of the Peterson Institute tells Tim Phillips the strange-but-true tale of how the problem was fixed, and what it tells us about protectionist trade policy in a global crisis.
Scientists are affected by war, like anyone else. Their work is disrupted, they are placed in danger, they may become refugees or casualties. What has been the impact of the Russian invasion of Ukraine on its scientists? Ina Ganguli talks to Tim Phillips.
Estimates of potential growth – the best an economy can do – drive development and poverty reduction. Lower potential is a problem that constrains policymakers and so affects all of us. New research analyses the long downward trend in potential growth, makes projections for the next decade, and suggest ways we can boost it. Sinem Kilic Celik talks to Tim Phillips.
What part does group identity play in who we choose to vote for? In every democracy it seems as if our leaders are using identity politics to gain new voters or define a distinct political agenda, but what does that mean for economic policies and polarisation? Guido Tabellini tells Tim Phillips about his research into the influence of identity on political alignment in the US.
Opposition to asylum seekers has become a political and social media hot button issue in every high-income country. But does their presence also depress rental values for neighbouring properties? Marius Brülhart tells Tim Phillips about new research from Switzerland that uncovers the effect of immigration on rents.
When suddenly it became quicker and cheaper to travel by train, did this help inventors to work together, and did it mean more and better innovation? Thor Berger and Erik Prawitz – who work 1 hour 50 minutes apart by train, investigated the impact of Sweden’s rail network.
Online share trading makes it possible for all of us to diversify our investments, but social media might encourage us to pile into bad investments. Hans Hvide has researched the impact of the arrival of broadband on the investment habits of Norway’s population, and he has some good news for Tim Phillips.
The way that social scientists define populism might lead them to simplistic conclusions that aren’t supported by the historical record. Kevin O’Rourke tells Tim Phillips about the weak links between populism and nativism, and how economists have sometimes been on the wrong side of important policy debates with the people they call populists.
When India’s post-colonial constitution gave everyone the right to vote, who used that right? And what effects did this reform have on other aspects of democracy? Lakshmi Iyer tells Tim Phillips about the historical link between enfranchisement and democracy in India.
