United States of Despair
Anne Case and Angus Deaton America finds itself in the grips of two epidemics, each of which has exposed deep inequalities across races and levels of educational attainment. Between rising “deaths of despair” among working-class whites and higher COVID-19 mortality rates among African-Americans, the stunning secular decline in US life expectancy will continue. Read more>
Round 03 – FiveThirtyEight/IGM COVID-19 Economic Outlook
This is the third round of the FiveThirtyEight/IGM COVID-19 Economic Outlook survey. This survey series is overseen by Professors Allan Timmermann and Jonathan Wright. The list of experts answering the questions is identified in the post along with the responses. Individual responses are anonymous. A simple summary of responses of Round 03 appears here on […]
Will COVID-19 be Followed by Inflation? An Inter-Generational Transfer Perspective
Lubos Pastor Governments around the world are spending mightily to deal with the fallout of the COVID-19 crisis. When the dust settles, the burden of public debt will be much heavier than it is today. Some countries’ debt-to-GDP ratios are likely to grow by more than 20%. How will policymakers deal with this mountain of […]
Revenge of the Experts: Will COVID-19 Renew or Diminish Trust in Science?
Cevat Giray Aksoy, Barry Eichengreen, Orkun Saka It is argued that COVID-19 will reverse the ongoing trend of challenging the value of science and the integrity of scientists. This column shows that exposure to epidemics in one’s country of residence during the ‘impressionable years’ of ages 18 to 25 has no impact on confidence in […]
So Far So Good: And Now Don’t be Afraid of Moral Hazard
Charles Wyplosz Within a few days of the publication of the first Vox eBook on Covid-19, the authorities came up with a raft of decisions that were coherent with the economists’ analyses. But there is a risk that moral hazard considerations derail the policy responses. This column, taken from the second Covid-19 eBook, argues that […]
One Giant Leap for Europe
Lucrezia Reichlin The Franco-German proposal for a COVID-19 recovery fund is not quite the “Hamiltonian moment” that some have claimed. But, by reshaping the debate on risk mutualization and the benefits of transfers, it could set the stage for one. Read more>
Round 02 – FiveThirtyEight/IGM COVID-19 Economic Outlook
This is the second round of the FiveThirtyEight/IGM COVID-19 Economic Outlook survey. This survey series is overseen by Professors Allan Timmermann and Jonathan Wright. The list of experts answering the questions is identified in the post along with the responses. Individual responses are anonymous. A simple summary of responses of Round 02 appears here on […]
Political Economics
Alberto Alesina, a founding member of the IGM economic experts panel, passed away in May 2020 – a sad loss for the whole research community. As the remembrances posted by the IGM directors on our website illustrate, Alberto was a fantastic economist, a wonderful person and a friend to many of the panelists.
Political Economics
Alberto Alesina, a founding member of the IGM economic experts panel, passed away in May 2020 – a sad loss for the whole research community. As the remembrances posted by the IGM directors on our website illustrate, Alberto was a fantastic economist, a wonderful person and a friend to many of the panelists.