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On January 6th, 2020; the Washington Post published an article regarding the health impacts of recession. In it, the author cited Professor Till von Wachter’s research and paper with Northwestern University’s Hannes Schwandt. Washington Post Article: Don’t Root For a Recession to Knock Out Trump by Catherine Rampell
Cartels are a common feature in most economies. For instance, in the 2015-19 period, the European Commission imposed fines in excess of €8.3 billion in 27 cartel cases. It is well understood that cartels reduce social welfare by increasing prices and restricting output. Cartels may generate additional costs to society by increasing the market share […]
Some of the most powerful influences in our lives emanate from things we cannot see – legal frameworks, for example. The impact of the law is pervasive not only in our personal lives, but also in the intricacies of our economy, and Claudia Toussaint has dedicated her career to understanding these intersections. Growing up in […]
By Olivia Osei-Twumasi and Bernardette J. Pinetta Using data from six urban school districts, we examine the relationship between the quality of interactions in the classroom (measured by the Classroom Assessment Scoring System [CLASS] framework) and the racial match or mismatch between teachers and the students in their classes. We find that White teachers have […]
Board of Visitors Jeffrey Leitzinger Founder and Managing Director at Econ One Research Dr. Leitzinger is an economist with almost 40 years of experience in research and consulting. He started his career with a large national economic consulting firm and rose over the next seven years to join the firm’s Board of Directors. He has […]
Warren Buffett, taxing capital income is a bad idea By Lee Ohanian In 2011, superstar investor Warren Buffett made headlines not for his investment recommendations but for his opinion that tax rates on high earners should substantially increase. Buffett proposed the Buffett Rule, which would impose a minimum 30 percent effective tax on those with incomes exceeding […]
UCLA Department of Economics