Heterogeneous Treatment Effects
There are many treatments in this world. I bet that reading this blog has a small negative treatment effect on your IQ while brushing your teeth has a positive effect on reducing cavities.
Berkeley, California Rules!
Did you know that every 8th vehicle in Berkeley is a Toyota Prius? Rather than attend the NBER Summer Institute Environmental meetings or the Real Estate meetings, I’m counting cars and getting some exercise walking the Berkeley Hills.
Is Boston the Epi-Center of Academic Economics?
All University of Chicago graduates know the answer to that question! With the NBER summer institute in high gear, plenty of important economists are dragging themselves to humid Boston this month.
Green Cities: Urban Growth and the Environment will be published in August 2006 by Brookings Institution Press
I'm proud that Brookings will publish my book, Green Cities: Urban Growth and the Environment, next month.
The Quality of Capitalist Products: The Role of Reputation
In Arthur Miller's play "All My Sons", a World War II military contractor makes shoddy planes in order to earn a fast buck. When these products prove to be defective and his shriking is revealed, he commits suicide.
Trends in Corruption in Public Works Projects: Is the "Big Dig Disaster" an Anomaly?
Two leading Economic Historians wrote an important "long run trends" paper that is relevant for thinking about the recent Boston Big Dig construction problems. Engerman and Sokoloff examined cost over-runs in major public works projects over a long time period.
When the Rich Get Richer, what happens to the poor?
If Matt is a jealous guy, then as Bill Gates grows even richer Matt's envy may cause him to suffer a welfare loss. But if the middle class and poor are not envious, are they made worse off as income inequality increases?
It depends.
The New York Times Discusses New York City
There are two intriguing articles in today's NYT that focus on New York City. Paul Krugman examines the puzzle that corporate headquarters are moving back to New York City. Information technology has allowed corporations to split into at least two spatial pieces.
Will China's Cities be "Green" in 2050?
I've joined a group of scholars who are starting to write a longer policy paper on China's cities.
