Results

CEP discussion paper

Intergenerational income persistence in the Millennial generation

This paper provides new evidence on intergenerational income persistence for a recent UK cohort. Using Next Steps, a longitudinal study of people born in England in 1989-90 linked to administrative education records, we ...Read more...

Journal article

American Economic Review:

Leaders in social movements: evidence from unions in Myanmar

Social movements are catalysts for crucial institutional changes. To succeed, they must coordinate members' views (consensus building) and actions (mobilization). We study union leaders within Myanmar's burgeoning labor ...Read more...

CEP discussion paper

Returns to green tasks in Europe: evidence from online job vacancies

There is growing evidence that green jobs have higher skill requirements, but whether they offer sufficient wage incentives to encourage workers to acquire those skills remains unclear. We study the green wage premium an...Read more...

Journal article

Nature Communications:

Social status and the relationship between income rank and well-being in 109 nations

Well-being is linked to income. However, lower well-being among lower-income individuals may reflect either economic relative deprivation or the lower social status associated with a lower income rank. Here, using Gallup...Read more...

Journal article

The Economic Journal:

Manipulation and selection in unemployment insurance

In this paper, we study the selection patterns of individuals who manage to have their lay-off delayed around an age at lay-off threshold entitling them to four additional months of unemployment insurance, that is, manip...Read more...

External report

Innovation in Green Technologies

Demand for cleaner, more efficient technologies is transforming global markets and with it, the geography of innovation. Over the last 15 years, markets for new energy technologies and climate resilience have outpaced gr...Read more...

Journal article

Journal of Economic Inequality:

Equivalence scales revisited: evidence from subjective data

Equivalence scales (ES) are widely used to compare income levels across different households. Yet the commonly used OECD and square-root scales rely on assumptions about household economies of scale that lack robust empi...Read more...

CEP discussion paper

The global effects of carbon border adjustment mechanisms

Climate change poses a collective action problem: individual countries bear the costs of carbon regulation, while the benefits are shared globally. Carbon border adjustment mechanisms (CBAMs), which are currently being i...Read more...

Blog

Vox EU:

Income, wealth, and environmental inequality in the US

Economic disparities have long been suspected to be a root cause of environmental inequality. But is this really the case? This column links data on income and wealth with data on air pollution exposure over 40 years to ...Read more...

Journal article

Psychological Medicine :

Cost-benefit of IAPT Norway and effects on work-related outcomes and health care utilization: results from a randomized controlled trial using registry-based data

Data from an RCT of IAPT Norway (?Prompt Mental Health Care? [PMHC]) were linked to several administrative registers up to five years following the intervention. The aims were to (1) examine the effects of PMHC compared ...Read more...

Blog

Vox EU:

The price of power: Why rising markups hurt innovation and widen inequality

Over the past four decades, the US has seen rising market power, slowing productivity growth, and deepening wealth inequality. This column explores how declining competition may be the common culprit. Weak competition le...Read more...

CEP discussion paper

The evolution of gender in the labor market

This paper traces the evolution of the study of gender in the labor market, focusing on how academic thinking on this topic has evolved alongside real world developments in gender inequality from the 1980s to the present...Read more...

Blog

EGC Voices in Development:

Development Dialogue: How can emerging economies break free from the sidelines of global trade? (podcast)

This episode of Development Dialogues addresses how lower-income countries have engaged with global trade. How have their approaches to trade differed based on their underlying institutional and economic structure? What ...Read more...

Blog

Economics that really matters:

Shared costs, Shared Gains: Experimental Evidence from Female Export Consortia

This is our eighth blog post for our Job Market Paper Series blog for 2024-2025. Florian Anselm Munch is a postdoc at the London School of Economics. His research focuses on technology adoption and innovation, and export...Read more...

CEP discussion paper

Trade and intergenerational income mobility: theory and evidence from the US

This paper studies how globalization influences intergenerational income mobility. We develop a dynamic economic geography model with overlapping generations, migration costs, and sectoral persistence. The model shows th...Read more...

CEP discussion paper

Income, wealth and environmental inequality in the United States

This paper explores the relationships between air pollution, income, and wealth by combining administrative data from U.S. tax returns between 1979-2016, various measures of air pollution, and sociodemographic informatio...Read more...

CEP discussion paper

The Easterlin paradox at 50

We use Gallup World Poll data from over 150 countries from 2009-2019 at both the individual and country levels to revisit the relationship between income and subjective wellbeing. Our inspiration is the paradox first pro...Read more...

Blog

Economics Observatory:

What share of the economic pie goes to workers?

Over the last two decades, the proportion of national income going to employees and the self-employed - the labour share - has declined in many advanced economies. This has not happened in the UK, which might seem like g...Read more...

Blog

LSE Inequalities:

Sliding down the Great Gatsby curve in search of the Scandinavian dream

The new UK government has separate missions to break down the barriers to opportunity and to boost growth - together, the "Scandinavian dream". The problem, write Steve Machin and Lee Elliot Major, is Britain's high leve...Read more...

CEP discussion paper

Capital-skill complementarity in firms and in the aggregate economy

We study capital-skill complementarity in a multi-sector framework featuring firm-specific, multi-factor production functions. We characterize the elasticity of the skill premium to the price of capital equipment in term...Read more...

CEP discussion paper

The distributional consequences of trade: evidence from the Grain Invasion

We examine the distributional consequences of trade using the New World Grain Invasion that occurred in the second half of the 19th century. We use a newly-created dataset on population, employment by sector, property va...Read more...

Chapter

Money and happiness

in Encyclopedia of Happiness, Quality of Life and Subjective Wellbeing

Many people believe that earning more money would bring more happiness into their lives. However, despite massive improvements in material living conditions in most Western countries, average population happiness has sta...Read more...

Journal article

Oxford Open Economics:

Labour market inequality

Wage and earnings inequality has been on the rise in the United Kingdom (UK) since the late 1970s/early 1980s, and with faster increases than comparator countries, it is now one of the countries with the highest levels o...Read more...

Journal article

Encyclopaedia of Happiness, Quality of Life and Subjective Wellbeing:

Money and happiness

Many people believe that earning more money would bring more happiness into their lives. However, despite massive improvements in material living conditions in most Western countries, average population happiness has sta...Read more...

Journal article

Journal of Labor Economics:

Taxes, childcare and gender identity norms

We investigate the role of gender norms in shaping parental childcare following changes in the relative take-home pay of mothers and fathers. Exploiting variation from Swedish tax reforms, we estimate the elasticity of s...Read more...

Journal article

Journal of Business Venturing:

A framework for investigating new firm entry: the (limited) overlap between informal-formal and necessity-opportunity entrepreneurship

We analyse entrepreneurial entry along the dimensions of informal-formal and necessity-opportunity entrepreneurship, distinguishing between them yet considering them jointly. While the dominant view in the literature con...Read more...

Journal article

Economics of Education Review:

Teacher value-added and gender gaps in educational outcomes

This paper uses rich administrative data from Chile to estimate teacher value added (TVA) on test scores and on an educational attainment index. We allow each teacher to have a different TVA for male and female students ...Read more...

Journal article

Management Science :

Gender promotion gaps and career aspirations

Using a representative survey of U.S. lawyers, we document a sizeable gender gap in early partnership aspirations, which explains half of the later gender promotion gap. We further document that the correlation between a...Read more...

Journal article

Journal of Economic Behavior and Organization:

Where does money matter more?

There is much still to learn about the relationship between income and well-being, and in particular how this may depend on the economic and social context. We use Russian data to estimate individual Welfare Functions of...Read more...

CEP discussion paper

Teacher value-added and gender gaps in educational outcomes

This paper uses rich administrative data from Chile to estimate teacher value added (TVA) on test scores and on an educational attainment index. We allow each teacher to have a different TVA for male and female students ...Read more...

CEP discussion paper

Beyond the enrolment gap: Financial barriers and high-achieving, low-income students' persistence in higher education

Little is known about what influences high-achieving, low-income students' persistence in higher education, despite extensive work on their enrolment decision. This paper investigates the role of credit constraints. Usin...Read more...

Journal article

Journal of Labor Economics:

The employment and distributional impacts of Nationwide Minimum Wage changes

We estimate the effect of the introduction of the UK?s National Living Wage in 2016, and increases in it up to 2019, using a new empirical method. We apply a bunching approach to a setting with no geographical variation ...Read more...

Journal article

American Economic Journal: Applied Economics:

Measuring absolute income mobility: lessons from North America and Europe

We use linked parent-child administrative data for five countries in North America and Europe, as well as detailed survey data for two more, to investigate methodological challenges in the estimation of absolute income m...Read more...

Chapter

The evolution of gender in the labor market

in Handbook of Labor Economics

This chapter traces the evolution of the study of gender in the labor market, focusing on how academic thinking on this topic has evolved alongside real world developments in gender inequality from the 1980s to the prese...Read more...

CEP Insights

Insights: condensed

The Insights series is an introduction to the work of the Centre for Economic Performance (CEP). Each Insight highlights the contribution of CEP researchers to both academic understanding and policymaking in one area of ...Read more...

Chapter

Income inequality before, during, and after the transition in central and eastern Europe

in The Oxford Handbook of Post-Socialist Economies

This chapter explores the income inequality in Central and Eastern Europe before, during, and after the transition. It argues that the fall of communism and the transition to a market economy in Eastern Europe were landm...Read more...

CEP discussion paper

The changing nature of pollution, income and environmental inequality in the United States

This paper uses administrative tax records linked to Census demographic data and high-resolution measures of fine small particulate (PM2.5) exposure to study the evolution of the Black-White pollution exposure gap over t...Read more...

Blog

LSE British Politics and Policy:

Why household income doesn't tell the full story on individual wellbeing

The literature on inequality often focuses on household income, but this measure has several limitations for assessing individual wellbeing. Tim Obermeier develops a new collective household model which simultaneously ac...Read more...

Blog

Vox EU:

New evidence on spatial wage inequality across North America and Western Europe

Spatial inequality has become a key policy concern across much of the advanced world, prompting a spate of government action on the issue in recent years. This column presents evidence showing that, contrary to the popul...Read more...

CEP discussion paper

Gender gaps from labor market shocks

Job loss leads to persistent adverse labor market outcomes, but assessments of gender differences in labor market recovery are lacking. We utilize plant closures in Denmark to estimate gender gaps in labor market outcome...Read more...

CEP Insights

Social mobility

How much of an individual's success depends on their own hard work and how much on what their parents do for a living? A country where children from poor families are likely to be poor as adults and elite positions in so...Read more...

Journal article

Labour Economics:

Gender gaps from labor market shocks

Job loss leads to persistent adverse labor market outcomes, but assessments of gender differences in labor market recovery are lacking. We utilize plant closures in Denmark to estimate gender gaps in labor market outcome...Read more...

Blog

Vox EU:

Unequal education and the 'Great Gatsby Curve'

In modern economies, people's livelihoods are based in large part on skills acquired through education. Unequal education therefore drives both inequality in the labour market and low social mobility across generations. ...Read more...

Journal article

Quantitative Economics:

Income dynamics in the United Kingdom and the impact of the Covid-19 recession

In this paper, we use an employer-based survey of earnings and hours to set out the key patterns in UK earnings dynamics from 1975 to 2020, with a particular focus on the most recent recession. We demonstrate that (log) ...Read more...

Journal article

Economics of Education Review:

Gender gap variation across assessment types: explanations and implications

Using Swedish population data, we document that girls outperform boys by a third of a standard deviation in school grades, whereas a gap of similar magnitude but opposite sign persists in SAT scores in the sample of non-...Read more...

CEP discussion paper

Families, labor markets and policy

Using comparable data for 24 countries since the 1970s, we document gender convergence in schooling, employment and earnings, marriage delay and the accompanying decline in fertility, and the large remaining gaps in labo...Read more...

Journal article

Oxford Economic Papers:

Household inequality and remittances in rural Thailand: a life-cycle perspective

This article studies the dynamics of income inequality among a panel of rural households in Thailand. In contrast to the many cross-section studies of income inequality, the article exploits a long panel data set to exam...Read more...

Blog

VoxTalks Economics:

Levelling up Europe's left-behind places (podcast)

Recorded live at CEPR Paris Symposium 2022: Inequality isn't just between individuals, but between regions too. Henry Overman explains to Tim Phillips why these disparities exist, why they are so persistent, and whether ...Read more...

Journal article

Energy for Sustainable Development :

Assessing reliability of electricity grid services from space: the case of Uttar Pradesh, India

While most households around the world have access to electricity, the number of hours per day when the grid supplies them with adequate voltage can be low. Improving the reliability of electricity is crucial to make pro...Read more...

Journal article

Economica:

Men are from Mars, and women too: a Bayesian meta-analysis of overconfidence experiments

Gender differences in self-confidence could explain women's under-representation in high-income occupations and glass-ceiling effects. We draw lessons from the economic literature via a survey of experts and a Bayesian h...Read more...

Journal article

American Journal of Agricultural Economics:

Blame it on the rain: rainfall variability, consumption smoothing, and subjective well-being in rural Ethiopia

How does income uncertainty affect individual well-being? Combining individual-level panel data from rural Ethiopia with high-resolution meteorological data, we estimate that mean-preserving increases in rainfall variabi...Read more...

Journal article

Japanese Economic Review:

The Joneses in Japan: income comparisons and financial satisfaction

This paper uses relatively large-scale internet survey data from Japan to analyse income comparisons and income satisfaction. In contrast to the vast majority of empirical work in the area of subjective well-being, we ar...Read more...

Journal article

Journal of Economic Inequality :

Correction to: the fall in income inequality during Covid-19 in four European countries (The Journal of Economic Inequality, (2021)

The original version of this article was published online with missing legends and notes in the Figs. 1,2,3,4 and 5. ...Read more...

Journal article

Health and Place:

Income-related health inequality in urban China (1991-2015): the role of homeownership and housing conditions

Unprecedented economic growth has been experienced over the several decades worldwide, but such rapid economic growth wasn't accompanied by equally-substantial improvement in health, especially health inequalities betwee...Read more...

CEP discussion paper

Men are from Mars, and women too: a Bayesian meta-analysis of overconfidence experiments

Gender differences in self-confidence could explain women's under representation in high-income occupations and glass-ceiling effects. We draw lessons from the economic literature via a survey of experts and a Bayesian h...Read more...

Journal article

SERIEs:

Work and children in Spain: challenges and opportunities for equality between men and women

Over the past decades, Spain has seen a striking convergence between women?s and men?s participation in the labour market. However, this convergence has stalled since the early 2010s. We show that women still fare worse ...Read more...

Journal article

National Tax Journal:

How did safety-net reform affect early adulthood among adolescents from low-income families?

In the 1990s, the US safety net was substantially reformed. We ask how those reforms collectively affected early-career outcomes among youths who were teens when the reforms took effect. We consider employment, safety-ne...Read more...

Journal article

Journal of Economic Inequality:

The fall in income inequality during Covid-19 in four European countries

We here use panel data from the COME-HERE survey to track income inequality during COVID-19 in France, Germany, Italy, and Spain. Relative inequality in equivalent household disposable income among individuals changed in...Read more...

Journal article

Journal of Economic Growth:

Between communism and capitalism: long-term inequality in Poland, 1892?2015

We construct the first consistent series on the long-term distribution of income in Poland by combining tax, household survey and national accounts data. We document a U-shaped evolution of inequalities from the end of t...Read more...

Journal article

American Journal of Agricultural Economics:

Rainfall variability, child labor, and human capital accumulation in rural Ethiopia

How does income uncertainty affect human capital investments in agrarian economies? Using child-level panel data, I exploit a medium-run change in mean-preserving rainfall variability to identify the effects of income un...Read more...

Journal article

Personality and Social Psychology Bulletin:

Inequality and social rank: income increases buy more life satisfaction in more equal countries

How do income and income inequality combine to influence subjective well-being? We examined the relation between income and life satisfaction in different societies, and found large effects of income inequality within a ...Read more...

Journal article

Journal of the European Economic Association:

Parents, schools and human capital differences across countries

This paper studies the contribution of parental influence in accounting for cross-country gaps in human capital achievements. We argue that the cross-country variation in unobserved parental characteristics is at least a...Read more...

Journal article

Health Economics (United Kingdom):

Childhood circumstances and young adulthood outcomes: the role of mothers' financial problems

We here consider the cognitive and noncognitive consequences on young adults of growing up with a mother who reported experiencing major financial problems. We use UK data from the Avon Longitudinal Study of Parents and ...Read more...

Journal article

The Economic Journal:

Trapped factors and China?s impact on global growth

After a recent increase in Chinese import competition, European firms increased innovation. We present and rationalise these patterns using `trapped factors? at the micro level within a stylised equilibrium model of prod...Read more...

Journal article

Fiscal Studies:

Work, care and gender during the Covid-19 crisis

We explore the effects of the COVID-19 crisis and the associated restrictions to economic activity on paid and unpaid work for men and women in the United Kingdom. Using data from the COVID-19 supplement of Understanding...Read more...

CEP discussion paper

Work, care and gender during the Covid-19 crisis

We explore impacts of the pandemic crisis and associated restrictions to economic activity on paid and unpaid work for men and women in the UK. Using data from the Covid-19 supplement of Understanding Society, we find ev...Read more...

CVER Briefing Note

Post-18 education ? who is taking the different routes and how much do they earn?

This paper describes the educational trajectories and labour market outcomes for people who completed their GCSEs between 2002 and 2006. Our long span of longitudinal data enables us to follow these individuals through t...Read more...

Journal article

Labour Economics:

Gender gaps and the structure of local labor markets

In this paper we discuss some strands of the recent literature on the evolution of gender gaps and their driving forces. We will revisit key stylized facts about gender gaps in employment and wages in a few high-income c...Read more...

CEP discussion paper

A survey of gender gaps through the lens of the industry structure and local labor markets

In this paper we discuss some strands of the recent literature on the evolution of gender gaps and their driving forces. We will revisit key stylized facts about gender gaps in employment and wages in a few high-income c...Read more...

CEP discussion paper

Automating labor: evidence from firm-level patent data

Do higher wages lead to more automation innovation? To answer this question, we first introduce a new measure of automation by using the frequency of certain keywords in patent text to identify automation innovations in ...Read more...

Journal article

Quarterly Journal of Economics:

Measuring aggregate price indices with taste shocks: theory and evidence for CES preferences

We develop an approach to measuring the cost of living for CES preferences that treats demand shocks as taste shocks that are equivalent to price shocks. In the presence of relative taste shocks, the Sato-Vartia price in...Read more...

CEP discussion paper

The motivational cost of inequality: pay gaps reduce the willingness to pursue rewards

Factors beyond a person?s control, such as demographic characteristics at birth, often influence the availability of rewards an individual can expect for their efforts. We know surprisingly little how such pay-gaps due t...Read more...

Journal article

Journal of Environmental Economics and Management:

Ease vs. noise: long-run changes in the value of transport (dis)amenities

For a complete cost-benefit analysis of durable infrastructures, it is important to understand how the value of non-market goods such as transit time and environmental quality changes as incomes rise in the long-run. We ...Read more...

CentrePiece article

In brief... The long-term effects of financial distress in childhood

Is there a relationship between childhood circumstances and outcomes later in life? Andrew Clark and colleagues consider the cognitive and non-cognitive consequences for young adults whose families experienced major fina...Read more...

CentrePiece article

Between communism and capitalism: long-run inequality in Poland

How has inequality in Poland evolved between communism and capitalism to reach one of the highest levels in Europe today? Pawel Bukowski and Filip Novokmet chart a century of data on Polish inequality, 1892-2015, to exam...Read more...

CEP discussion paper

When income effects are large: labor supply responses and the value of welfare transfers

I estimate the long-run income effect of welfare transfers on individual labor supply. Using Italian administrative data on the universe of survivor insurance recipients, I implement a regression discontinuity design aro...Read more...

CEP discussion paper

Ease versus noise: long-run changes in the value of transport (dis)amenities

For a complete cost-benefit analysis of durable infrastructures, it is important to understand how the value of non-market goods such as transit time and environmental quality changes as incomes rise in the long-run. We ...Read more...

CEP discussion paper

Between communism and capitalism: long-term inequality in Poland, 1892-2015

How has Polish inequality evolved between communism and capitalism to reach one of the highest levels in Europe today? To address this question, we construct the first series on the long-term distribution of income in Po...Read more...

CEP discussion paper

Technology gaps, trade and income

This paper studies the origins and consequences of international technology gaps. I develop an endogenous growth model where R&D efficiency varies across countries and productivity differences emerge from firm-level tech...Read more...

CEP discussion paper

Economic incentives, home production and gender identity norms

We infer the role of gender identity norms from the reallocation of childcare across parents, following changes in their relative wages. By exploiting variation from a Swedish tax reform, we estimate the elasticity of su...Read more...

Journal article

Review of Income and Wealth:

Neighbors' income, public goods, and well-Being

How does neighbors' income affect individual well-being? Our analysis is based on rich U.S. local data from the Behavioral Risk Factor Surveillance System, which contains information on where respondents live and their s...Read more...

CEP discussion paper

Trainspotting: 'good jobs', training and skilled immigration

While skilled immigration ceteris paribus provides an immediate boost to GDP per capita by adding to the human capital stock of the receiving economy, might it also reduce the number of ?good jobs?, i.e. those with train...Read more...

Journal article

The Quarterly Journal of Economics:

Protests as strategic games: experimental evidence from Hong Kong's antiauthoritarian movement

Social scientists have long viewed the decision to protest as strategic, with an individual's participation a function of their beliefs about others' turnout. We conduct a framed field experiment that recalibrates indivi...Read more...

Journal article

The Quarterly Journal of Economics:

The unequal gains from product innovations: evidence from the US retail sector

This article examines how product innovations led to inflation inequality in the United States from 2004 to 2015. Using scanner data from the retail sector, I find that annual inflation for retail products was 0.661 (std...Read more...

CEP discussion paper

Childhood circumstances and young adulthood outcomes: the role of mothers' financial problems

We here consider the cognitive and non-cognitive consequences on young adults of growing up with a mother who reported experiencing major financial problems. We use UK data from the Avon Longitudinal Study of Parents and...Read more...

Journal article

Scandinavian Journal of Economics:

Gender and promotions: evidence from academic economists in France

Differences in promotion across genders are still prevalent in many occupations. Recent work based on experimental evidence indicates that women participate less in or exert lower effort during contests. We exploit the u...Read more...

Journal article

The Quarterly Journal of Economics:

Firming up inequality

We use a massive,matched employer-employee database for the United States to analyze the contribution of firms to the rise in earnings inequality from 1978 to 2013. We find that one-third of the rise in the variance of (...Read more...

Journal article

IZA World of Labor:

Intergenerational income persistence

A strong association between incomes across generations?with children from poor families likely to be poor as adults?is frequently considered an indicator of insufficient equality of opportunity. Studies of such ?interge...Read more...

CentrePiece article

Economic consequences of family policies

There is no compelling evidence that extended parental leave rights have a positive impact on female employment, according to research by Claudia Olivetti and Barbara Petrongolo, which analyses the labour market effects ...Read more...

Journal article

Labour Economics:

Unfairness at work: well-being and quits

We here consider the effect of the level of income that individuals consider to be fair for the job they do, which we take as measure of comparison income, on both subjective well-being and objective future job quitting....Read more...

Journal article

American Journal of Health Economics:

Do you have to win it to fix it? A longitudinal study of lottery winners and their health-care demand

We exploit lottery wins to investigate the effects of exogenous changes to individuals' income on the utilization of health-care services, and the choice between private and public health care in the United Kingdom. Our ...Read more...

Journal article

Journal of Economic Perspectives:

The economic consequences of family policies: lessons from a century of legislation in high-income countries

By the early 21st century, most high-income countries have put into effect a host of generous and virtually gender-neutral parental leave policies and family benefits, with the multiple goals of gender equity, higher fer...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Highways, Market Access and Spatial Sorting

We design a spatial model featuring workers embodied with heterogeneous skills. In equilibrium, locations with improved market access become relatively more attractive to the high-skilled, high-income earners. We then em...Read more...

CEP discussion paper

Gender and promotions: evidence from academic economists in France

The promotion system for French academic economists provides an interesting environment to examine the promotion gap between men and women. Promotions occur through national competitions for which we have information bot...Read more...

Journal article

Journal of Public Economics:

Learning about the prospects for mobility: economic and political dynamics following fundamental policy reform

The political left turn in Latin America, which lagged its transition to liberalized market economies by a decade or more, challenges conventional economic explanations of voting behavior. This paper generalizes the forw...Read more...

Journal article

The Quarterly Journal of Economics:

Reference-dependent job search: evidence from Hungary

We propose a model of job search with reference-dependent preferences, with loss aversion relative to recent income (the reference point). In this model, newly unemployed individuals search hard since consumption is belo...Read more...

Journal article

Journal of Economic Psychology:

Top incomes and human well-being: evidence from the Gallup World Poll

The share of income held by the top 1 percent in many countries around the world has been rising persistently over the last 30 years. But we continue to know little about the relationship between the rising top income sh...Read more...

Journal article

Journal of Behavioral and Experimental Economics:

When experienced and decision utility concur: the case of income comparisons

While there is now something of a consensus in the economics of happiness literature that income comparisons to others help determine subjective well-being, debate continues over the relative importance of own and refere...Read more...

Journal article

Journal of Political Economy:

Gender gaps in performance: evidence from young lawyers

This paper documents the gender gap in performance among highskilled professionals in the United States. On the basis of widely used performance measures in law firms, we find that male lawyers bill 10 percent more hours...Read more...

Journal article

American Economic Journal: Macroeconomics:

Gender gaps and the rise of the service economy

This paper investigates the role of the rise in services in the narrowing of gender gaps in hours and wages in recent decades. We highlight the between-industry component of differential gender trends for the United Stat...Read more...