News and Announcements
UC Berkeley professor David Card learned early Monday morning at his family’s home in Santa Rosa that he had won the 2021 Nobel Memorial Prize in Economic Sciences. Watch the video of David Card's first day as a Nobel winner.
In the 4th episode of EconoFact Chats, EconoFact’s Executive Editor Michael Klein interviews Maurice Obstfeld, Professor at U.C. Berkeley and the immediate past Chief Economist of the International Monetary Fund, on fiscal policy and the state of the economy. Listen to the podcast
Professor Glenn Woroch appointed chief economist of the Federal Communications Commission. Read more
What can the U.S. learn from studies of other health systems across the world? On May 7, Health policy scholars will discuss lessons and ideas for possible health reform. Co-organized by Berkeley Professors Ben Handel and Jon Kolstad. Register
Joseph S. Shapiro. 2020: “The Environmental Bias of Trade Policy.” Working paper, was declared the 2020 Energy Article of the Year by the American Energy Society. The paper is available on NBER and now also the basis for an Econimate video. Watch the video
Research and Teaching
A new article by by Ellora Derenoncourt, Claire Montialoux, published in the The Quarterly Journal of Economics, February 202. Minimum Wages and Racial Inequality. The earnings difference between white and black workers fell dramatically in the United States in the late 1960s and early 1970s. This article shows that the expansion of the minimum wage played a critical role in this decline. Read more
New paper by Kimberly Clausing, Emmanuel Saez, and Gabriel Zucman: Ending corporate tax avoidance and tax competition: a plan to collect the tax deficit of multinationals. Read the paper
A new paper by Isabel Z. Martinez, Emmanuel Saez, and Michael Siegenthaler estimates intertemporal labor supply responses to two-year long income tax holidays staggered across Swiss cantons. Read more
Through analysis of the Band for International Settlements (BIS) Annual Economic Reports, Professor Barry Eichengreen traces the BIS’s views on exchange rates, capital flows and financial cycles in a new book. Read more
An innovative experiment in rural India targeted alleviating financial stress on short-term workers and fascinatingly, found a substantial increase in productivity for workers who have their financial strain eased by receiving part of their salary mid-way through their contract. By Berkeley Economics Professor Supreet Kaur. Read more
We're proud to share that Berkeley Economics professors Emi Nakamura and Chris Shannon were elected to join The American Academy of Arts and Sciences, which recognizes the outstanding achievements of individuals in academia, the arts, business, government,and public affairs. Congratulations! To learn more about their work and of all UC Berkeley faculty members elected, read more.
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Professor Marta Olney is elected as a fellow of the Economic History Association. The Economic History Association established a Society of Distinguished Fellows program in 2019. You can lean more about the society here.
