At USC Economics, I (in my role as department Chair) have a busy schedule. We are hiring new faculty, creating new curriculum and engaging in fundraising. Each day brings new challenges and new opportunities.
This new NBER paper looks quite interesting. Suppose that I am an inventor and I create a blood test that correctly detects your probability of having cancer .5 years from now. For my test to accurately predict your future risk probability, a trained nurse must administer the blood sampling.
Sherwin Rosen was one of the greatest University of Chicago economists.
The NY Times challenges the Coase Theorem today without ever mentioning Coase. Several examples are given of "neighbors going to war against each other" over low stakes stuff. To an economist, the puzzle here is why isn't there more "peace and love"? The fight didn't have to occur.
This report card suggests that I need to invest more time in the quality of my Ph.D. students.
For those who wonder if a Department Chairman can get some work done, here is the introduction of my new paper that I will present at the Hoover Institution on 11/8/2017.
Urban Climate Change Adaptation and Local Real Estate Markets
Matthew E.
Urban Climate Change Adaptation and Local Real Estate Markets
Matthew E.
Michael Greenstone has written an excellent piece about how climate change is likely to affect marathon races and the runners. While the headline hints at "doom and gloom", the real meat of the article is highly optimistic about our ability to adapt to this outdoor stress.
