A Busy Tuesday at USC Economics
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.
Scarce Inputs and Scaling Up Programs Judged to be Effective by RCTs
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.
Austrian Empirical Economics?
Sherwin Rosen was one of the greatest University of Chicago economists.
Can an Economist "Commune" with Nature?
Here are two photos I took of our new neighbor.
Good Neighbors vs. Yard Rage: A Test of the Coase Theorem
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.
Ranking Economists
This report card suggests that I need to invest more time in the quality of my Ph.D. students.
Urban Climate Change Adaptation and Local Real Estate Markets
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.
Optimism on Climate Change Adaptation: Lessons from Marathon Races
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.
