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+ On April 23, Phenomenal World and the Law, Letters, and Society program at the University of Chicago are hosting a roundtable discussion on the forthcoming book by Destin Jenkins, The Bonds of Inequality: Debt and the Making of the American City. The event will feature Jenkins, Melinda Cooper, Sarah Quinn, Peter James Hudson, Yakov Feygin, David Stein, and Jonathan Levy. Link to register.
+ A new JFI paper by Khalil Esmkhani, Jack Favilukis, Stijn Van Nieuwerburgh models a universal cash transfer in New York City, "with particular focus on how it affects real estate and the urban environment." Read the full paper here, and read Stephen Nuñez's post situating the research within the broader macro literature here.
+ "We find that unreported income as a fraction of true income rises from 7% in the bottom 50% to more than 20% in the top 1%." John Guyton, Patrick Langetieg, Daniel Reck, Max Risch, and Gabriel Zucman on tax evasion. Link.
+ Adam Tooze's newsletter tackles the question of getting the EU to carbon-neutrality by 2050. Link. Relatedly, new paper on green industrial strategy for Norway, by Rainer Kattel, Mariana Mazzucato, Jonas Algers and Olga Mikheeva. Link.
+ Kornel Chang on "democratization as decolonization management" in Korea under US occupation, 1945-1948. Link.
+ "Using 61 indicators of democratic performance from 2000 to 2018, we develop a measure of subnational democratic performance. The racial, geographic, and economic incentives of groups in nationalparty coalitions may instead determine the health of democracy in the states." Jacob Grumbach on "Laboratories of Democratic Backsliding." Link.
+ Isabel Knößlsdorfer, Jorge Sellare, and Matin Qaim on the effects of fair-trade certification for farmers in Côte d’Ivoire. Link.
+ Iñaki Aldasoro, Wenqian Huang and Nikola Tarashev on the relationship between bank regulations, asset managers, and market liquidity. Link.
+ A new evidence review finds that "smaller farms, on average, have higher yields and harbour greater crop and non-crop biodiversity at the farm and landscape scales than do larger farms." Link.
+ FT Alphaville's part-time boat correspondent Brendan Greeley explains the hydrodynamics that stuck the Ever Given in the Suez Canal. Link.
+ "We explore the causal connection between weather and war by constructing and analyzing a dataset featuring extreme weather events and military conflicts involving a set of stable political entities that existed side by side over several centuries, namely, the three ancient kingdoms of the Korean Peninsula between 18 Before the Common Era and 660 Common Era. Conflicts are classified as desperate if a state experiencing the shock invades a neighbor and opportunistic if a state experiencing the shock is invaded by a neighbor. We find that weather-induced conflict was significant, but largely opportunistic rather than desperate. That is, states experiencing an adverse shock were more likely to be invaded, but not more likely to initiate attack. We also provide evidence that the channel through which weather shocks gave rise to opportunistic invasions was food insecurity, which weakened the power of states to repel attack." By Tackseung Jun and Rajiv Sethi. Link.
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