#cepr — Public Fediverse posts

New CEPR paper questions European telco returns

New research from CEPR argues Europe’s telecom operators are earning returns close to their cost of capital, but…
#Europe #EU #CEPR #cost-per-Gbps #EUregulation #infrastructurecapex #investmentstrategy #Networkinfrastructure #ROIC #WACC
https://www.europesays.com/2750560/

https://www.europesays.com/uk/738427/ New CEPR paper questions European telco returns #CEPR #CostPerGbps #EU #EURegulation #Europe #European #InfrastructureCapex #InvestmentStrategy #NetworkInfrastructure #ROIC #WACC

> The report also features state-level estimates, which show that teachers were paid less than other college graduates in every state. In seven states, the teacher pay penalty exceeded 30%, with the widest gap being in Colorado (38.4%), Arizona (32.9%) and Virginia (32.0%).

https://www.cepr.net/teachers-pay-rises-but-not-enough-to-shrink-pay-gap/
#USATeachers #TeacherPayGap #CEPR

[en] Research experiment: Revealing personal susceptibility to fake news

"... ranking of fake news as the most severe global short-term risk ..."

"We designed a survey for a randomised control trial information provision experiment to exogenously shift individuals’ beliefs about their perceived susceptibility to fake news. ..."

https://cepr.org/voxeu/columns/fake-news-susceptibility-awareness-and-solutions

#misinformation #disinformation #polarisation #polarization #socialmedia #echochamber #fakenews #manipulation #deepfakes #cepr

Economist Dean Baker on upcoming US Federal Trade Commission hearings on non-compete clauses, which have spread well beyond highly paid employees:

"Anyone who thinks that making [non-competes] unenforceable would be a case of the government interfering in the market needs to think further. The government *always* decides what sort of contracts it will enforce."

https://cepr.net/noncompete-clauses-markets-are-made-not-given-by-nature/

#economics #economicpolicy #noncompetes #cepr

Economist Dean Baker on upcoming US Federal Trade Commission hearings on non-compete clauses, which have spread well beyond highly paid employees:

"Anyone who thinks that making [non-competes] unenforceable would be a case of the government interfering in the market needs to think further. The government *always* decides what sort of contracts it will enforce."

https://cepr.net/noncompete-clauses-markets-are-made-not-given-by-nature/

#economics #economicpolicy #noncompetes #cepr

Economist Dean Baker on upcoming US Federal Trade Commission hearings on non-compete clauses, which have spread well beyond highly paid employees:

"Anyone who thinks that making [non-competes] unenforceable would be a case of the government interfering in the market needs to think further. The government *always* decides what sort of contracts it will enforce."

https://cepr.net/noncompete-clauses-markets-are-made-not-given-by-nature/

#economics #economicpolicy #noncompetes #cepr

Economist Dean Baker on upcoming US Federal Trade Commission hearings on non-compete clauses, which have spread well beyond highly paid employees:

"Anyone who thinks that making [non-competes] unenforceable would be a case of the government interfering in the market needs to think further. The government *always* decides what sort of contracts it will enforce."

https://cepr.net/noncompete-clauses-markets-are-made-not-given-by-nature/

#economics #economicpolicy #noncompetes #cepr

Economist Dean Baker on upcoming US Federal Trade Commission hearings on non-compete clauses, which have spread well beyond highly paid employees:

"Anyone who thinks that making [non-competes] unenforceable would be a case of the government interfering in the market needs to think further. The government *always* decides what sort of contracts it will enforce."

https://cepr.net/noncompete-clauses-markets-are-made-not-given-by-nature/

#economics #economicpolicy #noncompetes #cepr

Pay for #CEPR discussion papers (#preprints)? Is that a new evil approach in #SSRN? 🤑

Next was an interesting talk by Marc Melitz on the relationship between patent flows and export flows in the case of France at the CEPR https://www.youtube.com/watch?v=NksyaEHm5wM (4/9) #economics #CEPR

First was an interesting talk by Harald Fadinger on robot imports and firm-level outcomes at CEPR https://www.youtube.com/watch?v=5KLUGDTO2UM (2/12) #economics #robots #CEPR

Next was an important talk by Marieke Bos on the impact of corporate restructuring on employees' mental health at CEPR. Bos convincingly demonstrates that M&A has negative effects on target firm employee mental health, raising critical new questions for post-merger integration https://www.youtube.com/watch?v=nvOwMyqslTY (3/7) #MentalHealth #management #PeopleAnalytics #CEPR

First was an interesting talk by Savitar Sundaresan with a theoretical model for how passive firm ownership can improve informational efficiency at CEPR https://www.youtube.com/watch?v=u5pXYagtcyc (2/5) #economics #finance #CEPR

First was an important talk by Sonia Bhalotra on the impact of job displacement and unemployment benefits on domestic violence at CEPR https://www.youtube.com/watch?v=I9YHzxZ4KHc (2/8) #economics #DomesticViolence #CEPR

Next was a nice talk by Pamela Medina on the relationship between labor market power, self-employment, and development at the CEPR https://www.youtube.com/watch?v=WWD8flVvLAI (8/10) #economics #CEPR

Next was an interesting talk by Pinelopi Goldberg on the relationship between trade, informal work, and labor market frictions/regulations at the CEPR. Goldberg convincingly demonstrates that trying to force all work into the formal sector is likely to reduce welfare in many cases, making for some difficult policy choices https://www.youtube.com/watch?v=m0cRUuCcf3I (6/10) #economics #CEPR

First was an amazing symposium on #diversity and prejudices in the #labor market and society at the #CEPR. There are phenomenal talks by Marianne Bertrand (#gender and #work in the 21st century), Anna Aizer (spillover effects of labor market inequalities), Leah Boustan (#immigration country of origin and economic outcomes across history), and Rachel Griffith (the pandemic and women in the #UK labor market). Highly recommend https://www.youtube.com/watch?v=4OXjlZw60IM (2/10) #economics

First was a great talk by Sule Alan on improving workplace climate in large corporations with a randomized intervention at CEPR. This is a good demonstration of the powerful short-term effects of training, although as discussed here different interventions may need to be repeated to continue improvement https://www.youtube.com/watch?v=yntAoUYOFqY (2/8) #management #CEPR #PeopleAnalytics

First was an interesting talk by Andrés Rodríguez-Clare on the employment of welfare effects of trade shocks at #CEPR https://www.youtube.com/watch?v=ZmaUm2FAnhk (2/7) #economics #trade

Next was a fantastic talk by Peri Giovanni on how skilled immigrants affect local productivity, innovation, and entrepreneurship in Europe at #CEPR. Peri provides compelling evidence of the huge, positive economic impact of immigrants with new findings that get as close to causality as possible. Would've probably been good to just call out racism as the reason why people still oppose #immigration despite these well-documented findings. Highly recommend https://www.youtube.com/watch?v=dhIUGokqPQ8 (3/8) #economics

Next was an interesting talk by Ben Moll on modeling automation's impact on income and wealth inequality at #CEPR https://www.youtube.com/watch?v=5j97eHIJyMc (3/4) #economics #automation

Next were 2 panels from a few years ago on regulating ecommerce platforms at #CEPR w/panel 1 focusing on recent economic research (Özlem Bedre Defolie, Federico Etro, and Andrei Hagiu) and panel 2 focusing on regulatory approaches (Antonio Buttà, Gregory Crawford, @alexandrageese, Thorsten Kaeseberg, Sarah Miller, Steve Tadelis, and Mike Walker). It's interesting to hear some of these discussions in the current context of imminent DMA rollout https://www.youtube.com/watch?v=QxQ_wivM0uY (3/4) #economics #law

Next was an interesting talk by Adrien Bilal on the geography of unemployment at the CEPR. The empirical work here and potential place-based interventions to reduce unemployment were intriguing, although as Bilal points out compelling companies to move high quality jobs towards low-income locations will be extremely difficult https://www.youtube.com/watch?v=K_NEW1vdQp8 (4/5) #economics #unemployment #geography #CEPR

Next was an excellent talk by Gianmarco León Ciliotta on the role of meritocracy in promotions and the pay progression that comes with promotions on employee engagement and productivity at the #CEPR. Using an RCT in the #SierraLeone public sector, the authors were able to demonstrate that moving towards a more quantitative promotion mechanism combined with steeper pay progression led to higher performance. Highly recommend https://www.youtube.com/watch?v=NrYuN7UvGCA (3/9) #economics #management #PeopleAnalytics

Next was a great talk by Alessandro Sforza on estimating the value of managers' export experience (tldr; it's very high) using the Angolan civil war as an exogenous shock on Portuguese firms at the CEPR https://www.youtube.com/watch?v=7NyG9S800F4 (3/10) #economics #trade #CEPR #Portugal #Angola

Next was a packed symposium on ecosystem theories in digital platform mergers at the #CEPR, with views from enforcers, legal scholars, and organizational researchers https://www.youtube.com/watch?v=dfs1D5Y0o_I (5/11) #platforms #antitrust #economics #law

Next was a great talk by Michaela Pagel on board gender quotas and support for women in board elections at the CEPR. Pagel identifies holes in previous research on this topic, demonstrating that stock market reactions to quota implementation can be predicted by looking at precisely how board composition changes https://www.youtube.com/watch?v=Ymm0LC9GtO0 (5/7) #economics #CEPR #gender

Next was a wonderful panel on generative AI and market power at CEPR with Daron Acemoglu, Andreas Mundt, and @susanathey. These folks provide some of the most informed economic and policy perspectives in the world on this topic. Highly recommend https://www.youtube.com/watch?v=sPAcKlNlIck&t=806s (3/9) #economics #CEPR #GenerativeAI #AI #law

Next was an interesting talk by Giacomo De Giorgi on the relationship between farming, non-farming enterprises, migration, and rainfall in incomplete markets at the #CEPR https://www.youtube.com/watch?v=LXJlgsgsxo0 (3/9) #economics #migration #agriculture

Next was an intriguing talk by Dita Eckardt on the effect of labor market entry conditions on job match quality at the CEPR. Using data from apprenticeship graduates, Eckardt convincingly shows that poor initial conditions have very negative effects on both near term and long-term earnings https://www.youtube.com/watch?v=HO3VnsQefsk (5/8) #economics #labor #CEPR

> If everyone commuted 20 percent less, it would save a huge amount in commuting costs... by having fewer trips, we would have less congestion and less energy wasted by cars sitting in traffic. That sounds like a really good deal all around. (Of course, working from home, and not commuting at all, is even better.)..
#DeanBaker #DecentEconomist #GoodEconomist #CEPR #CenterForEconomicAndPolicyResearch

"Conservative Politicians Choose Higher Child Poverty Rates

"The Child Tax Credit and the Earned Income Tax Credit produced a dramatic decline in child poverty for all racial groups. Rather than continue the success of the pandemic anti-poverty policies, conservative policymakers chose to condemn more children to #poverty by letting [these] policies expire"
-- from @aaustin
https://cepr.net/conservative-politicians-choose-higher-child-poverty-rates/
--
#children #ChildPoverty #uspol #inequality #taxes #cepr

> The #OnlineCalculator is simple. For example, the Washington Post recently reported these budget numbers: the cost of President Biden’s American Jobs Plan was lowered to a proposed $1.7 trillion over eight years, while Senate Republicans countered with an $800 billion proposal... #DeanBaker pointed out, Biden’s proposal “. . . is a bit less than 0.8 percent of #GDP...
https://cepr.net/press-release/new-tool-helps-reporters-put-us-budget-numbers-into-perspective/
#CEPR #BudgetAnalysis #USABudget

#Introduction

#CEPR and #VoxEU are now officially on Mastodon! You can follow these accounts here:

VoxEU: @VoxEU

CEPR: @cepr_org

Please share to inform your networks!

#EconMedia

#Introduction

#CEPR and #VoxEU are now officially on Mastodon! You can follow these accounts here:

VoxEU: @VoxEU

CEPR: @cepr_org

Please share to inform your networks!

#EconMedia

#Introduction

#CEPR and #VoxEU are now officially on Mastodon! You can follow these accounts here:

VoxEU: @VoxEU

CEPR: @cepr_org

Please share to inform your networks!

#EconMedia

#Introduction

#CEPR and #VoxEU are now officially on Mastodon! You can follow these accounts here:

VoxEU: @VoxEU

CEPR: @cepr_org

Please share to inform your networks!

#EconMedia

#Introduction

#CEPR and #VoxEU are now officially on Mastodon! You can follow these accounts here:

VoxEU: @VoxEU

CEPR: @cepr_org

Please share to inform your networks!

#EconMedia

#CEPR #Econmedia

Municipal building codes slow down the #energy #transition

Stefano Carattini Béla Figge Alexander Gordan Andreas Löschel

https://cepr.org/voxeu/columns/municipal-building-codes-slow-down-energy-transition