Thursday, March 11, 2021

Economists Fear Long Term Effects of ‘She-Cession’ – NBC Chicago

A so-called "she-cession" is sweeping the nation, with more women are leaving the workforce than ever before.

"You can only put off your own work so much. It just became exhausting," said Wendy Mccullough , a Chicago mother of two.

Mccullough had been working in management consulting for 20 years. She had taken time off briefly for maternity leaves in the past, but in 2020, she actually left her job, for the first time ever.

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Publisher: NBC Chicago
Date: 2021-03-10T19:31:12 00:00
Twitter: @nbcchicago
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This may worth something:

Womxn in Economics group aims to support students, confront disparity

Northwestern's new Womxn in Economics organization is hoping to provide support and community for female-identifying economics students at the University.

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The need for Northwestern's new Womxn in Economics organization was proven in its creation. Weinberg senior Eliana Buckner said she met more female economics majors on the group's executive board than she had since transferring to the University in 2018.

Publisher: The Daily Northwestern
Date: 2021-03-10T07:32:03 00:00
Author: Stephen Council
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Economists: Biden's $1,400 COVID-19 checks may be great politics, but it's questionable economics

The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

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The US$1,400 direct checks to people are the most expensive and perhaps most popular part of the $1.9 trillion coronavirus relief package racing its way through Congress right now.

President Joe Biden is expected to soon sign the bill after the House on March 10 approved a version of the legislation passed by the Senate a few days earlier. Moderate Senate Democrats, who had voiced concerns about how many people would receive direct payments in the original proposal endorsed by the House, managed to make them more targeted at lower-income households, which means an estimated 17 million fewer people will get a check .

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Publisher: The Conversation
Author: Kenneth Mitchell
Twitter: @ConversationUS
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New Report Finds Economic Benefits to Marrying Environmental Justice Goals to Carbon Reduction

AMHERST, Mass. – Decarbonization of electric power generation will be a key part of any serious effort to address the climate crisis, and during the 2020 presidential campaign, then-candidate Joe Biden pledged to deliver 40% of the overall benefits from a clean energy revolution to disadvantaged communities.

The researchers say the most notable difference lies in the co-pollutant damages from natural gas-fired power plants. In the first scenario they studied – a 20% reduction in carbon emissions – they report that these damages increase substantially as coal is phased out in favor of natural gas without regard to the extent of health impacts generated by the latter.

Publisher: Office of News & Media Relations | UMass Amherst
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Check out this next:

Colorado lawmakers, governor unveil $700M state economic stimulus plan.

The money lawmakers are using to pay for the state stimulus plan comes from unexpected tax revenue.

Top Democratic and Republican state lawmakers on Wednesday joined Gov. Jared Polis to unveil the broad strokes of a roughly $700 million state economic stimulus plan, most of which is set to go to "shovel-ready" infrastructure projects, including repairs to the Eisenhower-Johnson Memorial Tunnels and Interstate 70 bridges

The shovel-ready projects will total $170 million, or about a quarter of all the spending. Hundreds of millions more is set to be spent on other, longer term infrastructure projects, like expanding broadband access and revitalizing main streets in Colorado cities and towns.

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Publisher: The Colorado Sun
Date: 2021-03-10T19:52:04 00:00
Twitter: @coloradosun
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Regulation and economics converge in ESG | Top1000Funds.com

Investors from Schroders, Trillium and PensionDanmark discuss how a changing regulatory picture and the economics of sustainable investment are coming together to create a tipping point in ESG, but they warn their peers to look beyond the label to what is on the inside.

In keeping with being one of the first investors in wind energy years ago, Denmark's PensionDanmark was also an original investor in the country’s state of the art energy island in the North Sea. Matching the energy output of 25 traditional wind farms, the island is one of two recently ratified by Parliament with the promise of transforming Europe's energy sector.

Publisher: Top1000Funds.com
Date: 2021-03-11T06:12:40 00:00
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UC Berkeley education economist honored by academic academy | Berkeley News

"At a moment in history when the nation has trapped its democracy, economy, and society in what feels like endless self-inflicted wounds, it falls on the social sciences to explain how the traps were set and where to find exit ramps," said AAPS President Kenneth Prewitt, a professor of public affairs at Columbia University. "Each of our 2021 Fellows excels at exactly this."

Johnson earned his Ph.D. in economics at the University of Michigan. At UC Berkeley, he teaches graduate and undergraduate courses in applied econometrics and topical courses in race, poverty and inequality.

Publisher: Berkeley News
Date: 2021-03-10T21:46:06 00:00
Twitter: @ucberkeley
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How Economists and Non-Economists Can Get Along by Dani Rodrik - Project Syndicate

Understanding the advantages and limitations of economists' methods clarifies the value they can add to analysis of non-economic questions. Equally important, it underscores how economists' approach can complement but never replace alternative, often qualitative methods used in other scholarly disciplines.

CAMBRIDGE – Economists have never been shy about taking on the big questions that disciplines such as history, sociology, or political science consider their own province. What have been slavery's long-run implications for contemporary American society? Why do some communities exhibit higher levels of social trust than others? What explains the rise of right-wing populism in recent years?

Publisher: Project Syndicate
Date: 2021-03-09T13:59Z
Author: Dani Rodrik
Twitter: @prosyn
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