Hélène Rey of London Business School and CEPR discusses economic challenges for Europe.
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By custom, women in Saudi Arabia need the consent of either their husband or father to get a job. David Yanagizawa-Drott discusses research suggesting that that most Saudi men privately believe that women should be allowed to work, but they underestimate the extent to which other men share their views.
The reliance on GDP as a measure of economics fails to take into account the shift to a service economy. Diane Coyle of Cambridge University proposes a better metric built around how people use their time.
Marianne Bertrand discusses how the pipeline of women entering economics could be improved by better describing the profession.
Micael Castanheira and Paola Conconi of ECARES discuss the importance of CEPR to the development of their careers in economics at the "35 Years of CEPR and the Construction of Europe" panel meeting, held in Brussels in January 2019.
Focusing on her work on gender and inequality, Marianne Bertrand addresses the role that identifying and understanding bias in the job market can play. She talks about two complementary processes that can reduce bias in hiring: one addresses the implicit biases of those doing the hiring, and trains people to be aware of and avoid their biases; the other re-engineers the hiring process and introduces measures that mitigate for bias. Innovations in machine-learning have a large role to play here.
Douglas Diamond of the University of Chicago Booth School of Business warns that covenant-lite loans, which proliferate in high-liquidity periods with their cheap and easy lack of restrictions, make the whole system more liable to imbalances of fragility if a market shock occurs.
Do trade and technology harm jobs? David Autor of MIT argues that we shouldn't mix the two as their effects are very different. Autor was giving the Economic Journal keynote lecture at the RES conference 2014.
Edward Glaeser of Harvard University investigates how Yelp data can be used when official data are not yet available, particularly in predicting gentrification.
Understanding the Interaction Between Macroeconomics and Innovation Policy
CEPR recently hosted a high-profile policy-orientated conference in London to highlight and discuss key issues emanating from the EU-funded FRAME project, which has developed new DSGE models and empirical evidence in multi-country and multi-sector settings to better understand issues related to monetary and fiscal policy, technological adoption, asset pricing and innovation policy. The conference brought together policymakers and leading academic contributors in these fields such as Philippe Aghion, Ramon Marimon, Reinhilde Veugelers, Dietmar Harhoff and Román Arjona (Chief Economist, DG Research and Innovation, European Commission).