NBER Macroeconomics Annual 2021

NBER Macroeconomics Annual 2021
Author: Martin Eichenbaum
Publisher: University of Chicago Press
Total Pages: 491
Release: 2022-05-17
Genre: Business & Economics
ISBN: 0226821722

The NBER Macroeconomics Annual 2021 presents research-central issues in contemporary macroeconomics. Robert Hall and Marianna Kudlyak examine unemployment dynamics during economic recoveries. They present new empirical findings and explore models in which the labor market gradually draws down the stock of unemployed workers in the aftermath of a downturn. Titan Alon, Sena Coskun, Matthias Doepke, David Koll, and Michèle Tertilt analyze the relative decline in employment of women during the COVID-19 pandemic and the associated global recession. They show that increased childcare needs, which fell more heavily on women, and differences in occupations both contributed. In the case of the US, however, each of these factors account for less than 20% of the gender gap in hours worked during the pandemic. Richard Rogerson and Johanna Wallenius study the employment rates of older workers in OECD countries over the last forty years. An expansion of institutions incentivizing retirement, concurrent with negative aggregate shocks between 1970 and 1995, led to falling employment rates. This trend started to reverse in the mid-1990s when many of these institutions, such as public pension programs, were cut back. Michael Barnett, William Brock, and Lars Peter Hansen explore the consequences of risk, ambiguity, and model misspecification in climate policy design. They consider carbon emissions pricing and the effects of different sources of uncertainty—such as future information about environmental damage, uncertainties in carbon and temperature dynamics and damage functions, and the role of future green technologies—on policy design. Michael Kremer, Jack Willis, and Yang You present new evidence suggesting a steady trend toward income convergence across countries since the late 1980s. They find convergence in various determinants of economic growth across countries and a flattening of the relationship between growth and these determinants. The paper challenges theories of growth arising after earlier rejections of the neoclassical growth model.

Reframing Globalization After COVID-19

Reframing Globalization After COVID-19
Author: Pablo Baisotti
Publisher: Liverpool University Press
Total Pages: 303
Release: 2022-10-15
Genre: Political Science
ISBN: 1782847723

The pandemic has deepened existing trends in the international system, in particular the readjustment of alliances between nations and between regions. As spheres of influence disintegrate and reform, so national and regional security policies will change in unforeseen ways notwithstanding that individual state self-preservation will dominate policy choice. Three major dimensions are addressed. The first dimension is International Relations and Economy. The coronavirus has accelerated a global economic crisis comparable to those of 1929, 1987 and 2008. Are the major economic trading blocs moving to a war economy, and who might win or lose in this context? The second dimension of analysis is the growth of Information Communication. Hybrid and fragmented, especially in terms of the use of social media, the use of veiled threat and promoting discord in the form of providing provocative information on topics of the day can lead to conflict consequences and all its negative impacts. The third dimension is Geopolitical Reconfiguration. While world powers are always manoeuvring for an enhanced military and economic position, the pandemic offers new opportunities to capitalise on the changing power balance. The editors and contributors engage with the differing power polarities between China, the United States, India, Brazil, Russia, and the European Union. This book is one of the first to present research on the effects of COVID-19 on national public policy. Cross-cultural analysis of its effects, and the way in which different societies have addressed the fight against the virus, provides insight into the relations between states and possible solutions in the international arena. The work is essential reading for all those involved in international affairs and policy-making.

Advanced Introduction to the Sociology of Work

Advanced Introduction to the Sociology of Work
Author: Wharton, Amy S.
Publisher: Edward Elgar Publishing
Total Pages: 192
Release: 2022-06-07
Genre: Business & Economics
ISBN: 183910161X

This Advanced Introduction examines the economic, social, and political conditions that have shaped the 21st century workplace in wealthy democracies, highlighting the changes in work since the 1970s which have produced the ‘new economy’. Amy S. Wharton illuminates important aspects of today’s workplace, including the service economy, customer-facing jobs, the transformative effects of digital platforms, and the ‘opening’ of the employment relationship.

Handbook of the Economics of the Family

Handbook of the Economics of the Family
Author:
Publisher: Elsevier
Total Pages: 536
Release: 2023-03-23
Genre: Business & Economics
ISBN: 0323899668

Handbook of the Economics of the Family, Volume One includes comprehensive surveys of the current state of the economics literaure in the field, prepared by leading scholars, with a particular empahsis on the most recent developments in each area. Chapters cover Culture and the family; Mating markets; Household decisions and intra-household distributions; The economics of fertility: a new era; Families, labor markets, and policy; Family background, neighborhoods, and intergenerational mobility; The great transition: Kuznets facts for family-economists; An institutional perspective on the economics of the family. - An economics approach to changing family arrangements - Understanding of inequality and intergenerational mobility - Evolution of gender roles within families and across societies

Why Some Don’t Belong—The Distributional Effects of Natural Disasters

Why Some Don’t Belong—The Distributional Effects of Natural Disasters
Author: Mrs. Nina Budina
Publisher: International Monetary Fund
Total Pages: 49
Release: 2023-01-06
Genre: Business & Economics
ISBN:

When and how do natural disasters worsen within-country income inequality? We highlight the channels through which natural disasters may have distributional effects and empirically analyze when and which type of disasters affect inequality in advanced economies (AEs) and in emerging and developing economies (EMDEs). We find that in AEs inequality increases after severe disasters. We also find that inequality increases if severe disasters are associated with growth slowdowns or there are multiple disasters in a year in AEs and in EMDEs. Descriptive evidence for the US also suggests that adverse labor market effects of disasters are likely to fall on vulnerable groups.

Gender Equality and Economic Development in Sub-Saharan Africa

Gender Equality and Economic Development in Sub-Saharan Africa
Author: Ms. Lisa L Kolovich
Publisher: International Monetary Fund
Total Pages: 429
Release: 2024-04-11
Genre: Business & Economics
ISBN:

Efforts to achieve gender equality will not only help sub-Saharan Africa revive its inclusive growth engine but also will ensure progress towards the Sustainable Development Goals and help address the main disruptive challenges of this century. This book explores the progress made in gender equality in the region, highlighting both the challenges and successes in areas such as legal reforms; education; health; gender-based violence; harmful practices, such as child marriage; and financial inclusion. It takes stock of initiatives towards integrating gender into core macroeconomic and structural reforms, such as through implementing gender budgeting and examines the role that fiscal and other policies can play in closing gender gaps when they are mindful of distributional impacts. Drawing from extensive research across different institutions, the book underscores the macroeconomic significance of gender equality, emphasizing its potential to drive GDP growth, enhance economic stability, reduce income inequality, and foster sustainable development. It lays out how gender gaps interact with emerging challenges, such as digitalization, and explores the impact of global megatrends, such as climate change, on gender inequality, offering strategies for inclusive policy responses—including in a context where women and girls are still carrying a disproportionate care burden that is often not captured in economic measurement. The book aims to serve as a roadmap for policymakers, stakeholders, and advocates seeking to harness the untapped potential of gender equality—for its own sake and for the region's inclusive, sustainable, and green development. It calls for concerted efforts to dismantle structural barriers, transform social norms, and prioritize gender-responsive policies to unlock the full economic potential of sub-Saharan Africa.

The Rich Flee and the Poor Take the Bus

The Rich Flee and the Poor Take the Bus
Author: Troy Tassier
Publisher: JHU Press
Total Pages: 238
Release: 2024-02-13
Genre: Political Science
ISBN: 1421448238

How can we make society more resilient to outbreaks and avoid forcing the poor and working class to bear the brunt of their harm? When an epidemic outbreak occurs, the most physical and financial harm historically falls upon the people who can least afford it: the economically and socially marginalized. Where people live and work, how they commute and socialize, and more have a huge impact on the risks we bear during an outbreak. In The Rich Flee and the Poor Take the Bus, economist Troy Tassier examines examples ranging from the 430 BCE plague of Athens to the COVID-19 pandemic to demonstrate why marginalized groups bear the largest burden of epidemic costs—and how to avoid these systemic failures in the future. The links between epidemics and social issues—such as inequality, discrimination, and financial insecurity—are not always direct or clear. Tassier reveals truths hidden in plain sight, from the way population density statistics can be misleading to the often-misunderstood differences between risk and uncertainty. The disproportionate harm experienced by marginalized individuals is not the product of their own decisions; instead, the collective choices of society and the tangled web of interactions across people and communities leave these groups most exposed to the perils of epidemics. However, there is reason to hope. Utilizing a wealth of economic and population data, Tassier argues that we can leverage lessons learned from historic and recent outbreaks to design better economic and social policies and more just institutions to protect everyone in society when inevitable future epidemics arrive.

Meaningless Suffering

Meaningless Suffering
Author: David Goodman
Publisher: Taylor & Francis
Total Pages: 239
Release: 2024-03-28
Genre: Psychology
ISBN: 1003862926

Does suffering have meaning? The leading scholars and practitioners in Meaningless Suffering engage with this haunting human question through the lenses of psychoanalytic, phenomenological and ethical discourse, all the while holding contemporary social concerns in full view. The authors seek to find ways of speaking about the lived realities and historical moments that make up our social narratives – from the murder of George Floyd to the bird watching incident in Central Park – in order to render visible the entangled forms of the effects of embodiment, ideology, race, social practice, and intersectionality. Meaningless Suffering is bookended by powerful pieces by Mari Ruti and Homi K. Bhabha and, in the intervening chapters, the reader traverses the ideas of Augustine, Judith Butler, Fanon, Foucault, Freud, Gendlin, Heidegger, Lacan, Levinas, and Wittgenstein to pass through the realms of classical thought, affect theory, phenomenology, linguistic studies, relational psychoanalysis, somatic studies, intersubjectivity theory, gender studies, critical theory, and philosophical hermeneutics. This book is essential reading for postgraduate students, scholars, and practitioners working at the intersection of psychoanalysis, race, politics, and culture, as well as students of cultural studies, the humanities, politics, psychology, psychosocial studies, sociology, and social work.

European Social Policy and the COVID-19 Pandemic

European Social Policy and the COVID-19 Pandemic
Author: Stefanie Börner
Publisher: Oxford University Press
Total Pages: 401
Release: 2023-08-08
Genre: Law
ISBN: 0197676200

This is an open access title available under the terms of a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 International license (CC BY-NC-ND 4.0). It is free to read at Oxford Academic and offered as a free PDF download from OUP and select open access locations. During the first two years of the COVID-19 pandemic, social policy was one of the most important strategies used by governments to help mitigate the crisis. European Social Policy and the COVID-19 Pandemic: Challenges to National Welfare and EU Policy provides an encompassing and longer-term analysis of the social policy responses of European countries, as well as the European Union (EU), to the challenges of the pandemic. The book asks in which direction the European welfare states, on the one hand, and EU social policy, on the other, are developing as a result of the pandemic with respect to polity, politics, and policy instruments. European Social Policy and the COVID-19 Pandemic addresses several questions, such as what medium- and long-term effects will the current social policy crisis responses have on the different welfare states? Will the partly improvised, partly only temporary but in every respect diverse and often unprecedented measures lead to novel reform trajectories or even a new welfare state model? What new forms of international cooperation and conflict resolution mechanisms may arise within the social policy domain of the EU? The questions raised not only concern the future of welfare states in Europe but also EU-level social-policy making and European integration in general. The chapters--written by experts on law, political science, social policy, and sociology--build on various methodological backgrounds and encompass single case studies, comparative policy analyses, and discourse-analytical perspectives.