I have lived in the City of Baltimore for 6 months now. The City faces challenges. It needs to hire more police officers and it needs to upgrade the infrastructure of the public schools and upgrade public transit.
As the Chinese leadership uses it power to try to stop the coronavirus contagion, does this horrible event offer a test of Barro's 2006 QJE paper? As I understand his paper, asset prices reflect the fact that there is a positive probability of large drops in a nation's output.
In this Big Data age, what do we now know about urban government productivity? Whether the city is Baltimore or Chicago or San Diego, when a city spends an extra dollar on public goods such as street safety or public transit, how much local public goods are produced? This is a surprisingly difficu
I just read Jason Furman's review of Ezra Klein's new book Why We're Polarized. I would like to offer a simpler economic explanation.
Back in 2004, Dora and I published a paper documenting that from 1940 to 1990 the estimated value of a statistical life in the U.S grew faster than U.S per-capita GNP. Other studies from Taiwan and India have documented a similar result.
