Finance & Economy
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The Cost of Gender Inequality
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Beyond issues of gender equity and human development, research points to damaging economic consequences for regions with large gender gaps in education and employment.
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Winners and Losers: Income Inequality and Its Effects on Outcomes in Major League Baseball
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Those superstar salaries? A new study of professional baseball shows they may be dragging down your team’s performance.
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The New Face of Human Capital: An Interview with Emile Cambry Jr. of BLUE1647
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Emile Cambry Jr., founder of BLUE1647, discusses his revolutionary, community-based approach to workforce development in the digital age.
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Will Chicago suffer the same fate as Detroit?
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Standard & Poor’s Senior Director Jane Ridley, who serves as S&P’s primary analyst for Detroit, recounts the factors that drove Detroit to bankruptcy and explains why the Windy City is unlikely to go bust.
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Advancing Women in the Workplace Through a Gender-Targeted Approach to Workforce Development
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Research suggests a gendered lens to government workforce initiatives would help foster the advancement of women in the workplace.
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Bidding for Fool’s Gold? The Uncertain Benefits of Hosting the World Cup
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A recent paper underscores the difficulty of studying the World Cup and does not draw firm conclusions, but finds suggestive evidence that hosting the World Cup could have a negative impact on exports.
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Finance for Social Good: Are Microloans Truly Empowering the Impoverished?
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An experiment in rural Morocco finds that economic gains from access to microfinance are highly variable, and there are no significant indirect impacts on the status of women and children.
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Scaling Back Quantitative Easing: Domestic Recovery at a Foreign Cost
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Federal Reserve announcements about “tapering,” or reducing the level of quantitative easing, had significant negative impacts on financial asset prices in otherwise robust emerging market economies.
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Why it’s time to raise the wage: An interview with State Rep. Christian Mitchell
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Christian Mitchell is the State Representative for Illinois’ 26th district. He is one of the chief co-sponsors of House Bill 3718, which would raise the minimum wage in Illinois to $10.65 by 2016. Christian graduated from the University of Chicago with a bachelor’s degree in Public Policy Studies and began…
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Minimum Wage Increases: The Unintended Consequences
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Increases in minimum wages appear to help some poor families escape poverty while having the perverse effect of dragging other families below the poverty line.
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Minimum Wage: The Nobel Thing to Do
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Despite the widely held view that minimum wages generate unemployment, some Nobel-winning economists have argued that labor markets are more complex than predicted by economic theory.