Frontiers of economic research

Imran Rasul, 23 July 2021

Imran Rasul tells Tim Phillips about new research that shows the fraction of published economics research devoted to the causes and consequences of racial inequality is much smaller than in political science or sociology - and that this inequality has been getting worse.

Read more here:

CEPR Discussion Paper, DP DP16115 Race-related Research in Economics and Other Social Sciences by Arun Advani, Elliott Ash, David Cai, and Imran Rasul.

VoxColumn: Economics and the study of race, Arun Advani, Elliott Ash, David Cai, and Imran Rasul.

Mauro Caselli, Paolo Falco, Gianpiero Mattera, 22 July 2021

Racism in football returned to the headlines recently following racial abuse of England players on social media after the final of the UEFA European Championship. How does the harassment of supporters affect discriminated athletes? Using the COVID-19 lockdown as a natural experiment, this column compares the performance of individual football players in the Italian Serie A with and without fans at the stadium. The evidence shows that players of African origin, who are most frequently targeted by racist abuse, perform better in the absence of supporters.

Johannes Abeler, 09 July 2021

If some kids lie a little, and some lie a lot, is that just the way they are, or can we increase a child’s honesty in day-to-day life? Johannes Abeler tells Tim Phillips about how mentors can create lasting behaviour change.

The paper discussed is:
Abeler, J, Falk, A and Kosse, F. 2021. 'Malleability of preferences for honesty'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=16164

Thomas Lambert, Enrico Perotti, Magdalena Rola-Janicka, 06 July 2021

Political considerations have become important in finance research, with significant implications for policymaking. This column summarises new research presented at the CEPR conference on the Political Economy of Finance, including work on opaque investments in political influence, electoral impact of credit and regulation, the role of institutional complexity in shaping reforms and incentives of central bankers. The conference kickstarted the PolEconFin initiative aimed at providing a meeting point for researchers in this topical area.

Philipp F. M. Baumann, Enzo Rossi, Michael Schomaker, 02 July 2021

The notion than an independent central bank reduces a country’s inflation has been embraced by academics, central bankers, and politicians all over the world. This is somehow puzzling, giving the ambiguity reported in empirical studies. This column argues that overall there is only a weak causal link from independence to inflation, if at all. Even a strong inflation-boosting impact from introducing central bank independence cannot be ruled out. These results are obtained from a statistical approach that has not yet been used in analyses of macroeconomic processes, although it exhibits properties well-suited to this end.

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