Research-based policy analysis and commentary from leading economists
Alex Edmans asked this question in his keynote at the Financial Management Association Annual Meeting and offered some provocative answers. He tells Tim Phillips about passion, luck, originality, and the value of teaching.
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Edmans, A. 2021. 'The Purpose of a Finance Professor'.CEPR.
This week António Guterres, secretary-general of the UN, warned that the war in Ukraine would tip tens of millions into food insecurity. Guido Porto and Bob Rijkers tell Tim Phillips about who suffers and how much from food price inflation.
If you're going to drop lots of money from a helicopter, what will happen to the economy? When would it make a difference, and to who? Helicopter money is increasingly being taken seriously as policy. Ricardo Reis tells Tim Phillips whether helicopter money really can solve our economic problems.
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Reis, R and Tenreyro, S. 2022. 'Helicopter money: what is it and what does it do?'. London, Centre for Economic Policy Research.
If fathers don't acknowledge paternity, it affects both mother and child. Should the state increase financial support for single parents, should we incentivise marriage – or is there another option? Anna Raute tells Tim Phillips that the surprising impact of an unrelated German social policy suggests there may be.
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Raute, A, Weber, A and Zudenkova, G. 2022. 'Can public policy increase paternity acknowledgement? Evidence from earnings-related parental leave'. CEPR
Microfinance has helped millions of the world's poor build better lives. But can it help the world's poorest people, who spend most of their lives growing food to feed their families, to diversify into other jobs? Jack Thiemel tells Tim Phillips about the impact of one of these projects, and what it tells us about the best ways to help the ultra-poor.
Download the free DP and read more about this research:
Bandiera, O, Burgess, R, Deserranno, E, Morel, R, Rasul, I, Sulaiman, M and Thiemel, J. 2022. 'Microfinance and Diversification'. CEPR
