By: Kirk Johnson
Source: New York Times
In the nation’s debate about the minimum wage, which President Obama has proposed increasing at the federal level to $10.10 from $7.25, this rolling borderland of onion farms and strip malls provides a test tube of sorts for observing how the minimum wage works in daily life, and how differences in the rate can affect a local economy in sometimes unexpected ways.
Read the full story at the New York Times
Source: The Equality of Opportunity Project
By: Raj Chetty, Nathaniel Hendren, Patrick Kline, Emmanuel Saez, Nicholas Turner
Is America the “Land of Opportunity”? In two recent studies, we find that: (1) Upward income mobility varies substantially within the U.S. Areas with greater mobility tend to have five characteristics: less segregation, less income inequality, better schools, greater social capital, and more stable families. (2) Contrary to popular perception, economic mobility has not changed significantly over time; however, it is consistently lower in the U.S. than in most developed countries.
Executive Summary (PDF) | NBER Working Paper (PDF)
New York Times Interactive Map | Washington Post Interactive Map
Related: A new survey from Pew Research Center and USA Today finds that 65% of adults believe the gap between the rich and and everyone else has grown, but disagree on government intervention.
Pew Research Press Release | Pew Research Report (PDF) | Questionnaire (PDF)
USA Today Story
Economists are at their annual meeting in the teeth of a big snowstorm. In case you missed the conference, here’s the presidential address by Claudia Golden on the cause of the remaining gender gap:
A Grand Gender Convergence: Its Last Chapter
Claudia Goldin | Harvard University
American Economic Association Presidential Address [draft version]
January 4, 2014
More relevant to PSC is that Martha Bailey and Brad Hershbein were awarded the IZA Young Labor Economist Award for their paper The Opt-In Revolution? Contraception, Fertility Timing and the Gender Gap in Wages.
And via Twitter, Justin Wolfers points to some job openings for economists – internet economist.
[Link to Internet Economist article]
Human Behavior Trove Lures Economists to U.S. Tech Titans
By Aki Ito | Bloomberg
January 03, 2014
by: Drew DeSilver
Source: Pew Research Center, FactTank
President Obama took on a topic yesterday that most Americans don’t like to talk about much: inequality. There are a lot of ways to measure economic inequality (and we’ll be discussing more on Fact Tank), but one basic approach is to look at how much income flows to groups at different steps on the economic ladder.
See also: Americans see growing gap between rich and poor
Here are a few posts on the publication process. The first, is a piece that reports that economists would give up half a thumb to publish in AER. Is this true, economists? The next piece is on an app that users can download to ping journals every time there is an article they’d like to read but can’t because of gated access, e.g. an OA button. We even include an image of the button. The final two pieces are on replication, a growing area of interest among the open access community. The first discusses a team that replicated multiple psychology publications. Were they replicable? Read the article. The second discusses using github as a repository for data and code.
Your Right Arm for a Publication in AER?
Arthur Attema, Werner Brower, Job Van Exel | Economic Inquiry
March 24 2013
Abstract | Paper
The time tradeoff (TTO) method is popular in medical decision making for valuing health states. We use it to elicit economists’ preferences for publishing in top economic journals and for living without limbs.
Open Access Button Press Release
November 18, 2013
Tracking and mapping the impact of paywalls one click at a time
Push Button for Open Access
Stephen Curry | The Guardian
November 18, 2013
Psychologists strike a blow for reproducibility
Ed Yong | Nature
November 26, 2013
. . . To tackle this ‘replicability crisis’, 36 research groups formed the Many Labs Replication Project to repeat 13 psychological studies.
Git/GitHub, Transparency, and Legitimacy in Quantitative Research
Zach Jones | The Political Methodologist
November 18, 2013
Reproducibility and R: Neotoma
Simon J. Goring | Williams Lab Meeting
University of Wisconsin -Madison
November 19, 2013
These are slides for a presentation about ways to improve the reproducibility of scientific workflows using R.
Bureau of Labor Statistics Report, October 2013 (PDF):
In 2012, the unemployment rate for the United States was 8.1 percent; however, the rate varied across race and ethnicity groups. The rates were highest for Blacks (13.8 percent) and for American Indians and Alaska Natives (12.3 percent) and lowest for Asians (5.9 percent) and for Whites (7.2 percent). The jobless rate was 10.3 percent for Hispanics, 11.8 percent for Native Hawaiians and Other Pacific Islanders, and 11.9 percent for people of Two or More Races.
Differences in labor force characteristics emerge when the race and ethnicity groups are compared. These differences reflect a variety of factors, not all of which are measurable. These factors include variations across the groups in educational attainment; the occupations and industries in which the groups work; the geographic areas of the country in which the groups are concentrated, including whether they tend to reside in urban or rural settings; and the degree of discrimination encountered in the workplace.
See also: The Workforce Is Even More Divided by Race Than you Think in The Atlantic.
Wednesday, November 20, 2013, 1-2 pm.
From the announcement:
In this webinar, Jennie E. Brand, Associate Professor of Sociology and Associate Director of the California Center for Population Research (CCPR) at the University of California, Los Angeles, and Till von Wachter, Associate Professor of Economics and Faculty Affiliate of CCPR at UCLA, will discuss some of the short- and long-term consequences of job loss and unemployment for families in the United States. Their discussion will be followed by 10-15 minutes of Q&A.
This webinar is provided by PRB’s Center for Public Information on Population Research, with funding from the Eunice Kennedy Shriver National Institute of Child Health and Human Development.
Joining the online webinar is free. Participants who choose to listen to the audio via telephone are responsible for their own standard long-distance rates.
Space is limited. Click here to register or go to (https://www1.gotomeeting.com/register/427354601)
System requirements for attending the webinar:
Required: Windows® 7, Vista, XP or 2003 Server
Required: Mac OS® X 10.6 or newer
Required: iPhone®, iPad®, Android™ phone or Android tablet
Elite Institutions: Far More Diverse Than They Were 20 Years Ago
By: Seth Zweifler
Source: Chronicle of Higher Education
The nation’s most selective colleges have become significantly more diverse over the past 20 years, a Chronicle analysis of U.S. Education Department data shows. Research universities are more diverse than liberal-arts colleges—and, not unexpectedly, public research universities in racially diverse states like California have made greater gains in diversity than have those in Midwestern states.
Diversity at Research Universities, 1992-2012
Diversity at Liberal-Arts Colleges, 1992-2012
Race, Ethnicity, and Gender of Full-Time Faculty at More Than 4,300 Institutions
Janet Yellen was nominated as the first female head of the Federal Reserve yesterday [note, that Rand Paul has put a hold on the nomination] . Here is a paper she and her husband George Ackerloff wrote almost 20-years ago on the increase in unmarried childbearing:
An Analysis of Out-Of-Wedlock Births in the United States
George Ackerloff and Janet Yellen | Brookings Review
This Policy Brief was prepared for the Fall 1996 issue of the Brookings Review and adapted from “An Analysis of Out-of-Wedlock Childbearing in the United States,” which appeared in the May 1996 issue of the Quarterly Journal of Economics.
Also of interest is a news story about Ackerloff in the mid-1980s on “efficiency wages” based on their experience hiring babysitters:
Why Unemployment Sometimes Lingers On Stirs Renewed Interest
Alan Murray | Wall Street Journal
December 26, 1985
Note that a young Larry Summers (age 30) is mentioned in this piece. Sticky wages are also mentioned in this summary of her appointment in the New York Times:
Yellen’s Path From Liberal Theorist to Fed Voice for Jobs
Binyamin Appelbaum | New York Times
October 9, 2013
As thorough as this piece is, it fails to mention that Charlie Brown was a teaching assistant for her at Harvard.