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The Equitable Economy

Income Inequality

Children of Workers Impacted by Automation Are More Likely To Experience Lower Income Mobility

Fredrik Heyman
A new empirical study examines whether advancements in automation and robotics have affected intergenerational income mobility. The authors find that parents’ exposure to new...
Commentary

How the ‘Market Share Opportunism’ of Investment Advisers is Harming Investors and Public Companies

Bernard Sharfman
Investment advisors on both sides of the aisle have coopted ESG for their own exploitative marketing tactics to increase their own assets under management...
Antitrust and Competition

Race and the Consumer Welfare Standard

Bennett Capers
The consumer welfare standard employs a collective consumer in its model when evaluating possibly anticompetitive behavior. This aggregated approach fails to recognize that such...
Commentary

Corporate Political Responsibility in a Captured Economy

Claudine Schneider
Most attention on corporate governance has focused on businesses’ social responsibility. Claudine Schneider and Ed Dolan write that businesses need to take into account...
Health Care

Rethinking How To Achieve Universal Health Care Coverage in the US

Katherine Baicker
Solutions to expanding heath care coverage in the U.S. are often incremental and focus on mitigating market failures. In new research, Katherine Baicker, Amitabh...
Development

Mobile Internet Is Changing Employment in Developing Countries, but Not Always as Expected

Pinelopi Koujianou Goldberg
Scholars and policymakers have put much faith into the prospect of internet connectivity catalyzing development in low- and middle-income countries. In new research, Pinelopi...
ESG, Corporate Governance & Future of the Firm

History Shows that Voluntary ESG Standards Lead to a More Focused ESG Disclosure

Ethan Rouen
In recent years, ESG reports have become more common for publicly traded companies. However, critics have found the information they provide to be inconsistent...
Labor

Are There Really Gender Pay Differences in the CEO Labor Market?

Massimiliano Tani
The gender pay gap is a well-documented phenomenon in global labor markets, but this gap does not seem to apply to the pay of...
Globalization

Globalization’s Uneven Impact on Women’s Occupational Attainment

Yoav Roll
The literature on globalization’s impact on women’s workforce participation generally takes a positive outlook but still produces mixed results. In their research, Yoav Roll,...
Book Excerpts

How Societies and Families Perpetuate Gender Wealth Inequalities

Céline Bessière
In "The Gender of Capital: How Families Perpetuate Wealth Inequality," sociologists Céline Bessière and Sibylle Gollac show how ostensibly egalitarian property laws still...
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