May 21, 2019 – from VOX, with Sergi Basco, Universitat Autònoma Barcelona
Trade in intermediates (or ‘unbundling of production') and trade in capital have become increasingly important in last 25 years. This column shows that trade in intermediates generates a reallocation of capital across countries that exacerbates world inequality in both income and welfare. Unbundling of production hurts middle-income countries but helps those with high productivity. Trade in intermediates also increases within-country inequality, and this increase is U-shaped in the aggregate productivity level of the country.
May 20, 2019 – from The New York Times
You may not like paying taxes, but your burden will be even higher if others don’t pay their fair share. That, in a nutshell, goes a long way toward explaining why a value-added tax, or VAT, is used by just about every major country in the world except the United States.
May 15, 2019
Professor Notowidigdo discussed sport analytics with economics students at the Cubs vs. Brewers game on Friday, May 10.
May 3, 2019
Faculty research fellows (FRFs), who are appointed by the NBER president, also must hold primary academic appointments in North America. They also are recommended by program directors and their steering committees in the culmination of a highly competitive process. Candidates are evaluated based on their research records and their capacity to contribute to the NBER's activities.
April 22, 2019
Undergraduate students were treated to an insightful dialogue focused on career advice relating to risk taking, resilience, and perseverance.
April 22, 2019 – from The Daily Northwestern
The 2019 SMILE Spring Showcase variety show was held on April 5-7, with all profits going to Lurie Children’s Hospital.
April 18, 2019 – from Jennifer Zhan/ The Daily Northwestern
As her term comes to a close, ASG president Emily Ash looks back on legacy of space, working with administrators.
April 18, 2019 – from The Washington Post
The great challenge for economists today is to find new and better ways to make their cases, with the goal of kindling a general appreciation of essential economic ideas such as incentives, trade-offs, marginal utility and revealed preferences. Learning to practice the dispassionate analysis of data would be helpful, too. Citizens making informed choices are good for the health of democracy, and lately American democracy has been ailing.
April 11, 2019
April 11, 2019
The Northwestern Economics Tournament (NET) hosted its third annual tournament on Saturday, April 6, 2019 at the Kellogg Global Hub. The event, sponsored by the Department of Economics, hosted 16 high school teams from the Chicagoland area, Minnesota, and Ohio to participate in a day filled with quiz bowls and lectures from our distinguished faculty and PhD students. Back to top