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VoxTalks Economics podcast

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VoxTalks Economics

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  VoxTalks  

Learn about groundbreaking new research, commentary and policy ideas from the world's leading economists. Presented by Tim Phillips.

Learn about groundbreaking new research, commentary and policy ideas from the world's leading economists. Presented by Tim Phillips.

 

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Duration

Release Date

#362

S7 Ep59: Spotting social isolation in the classroom

A surprising number of children are isolated at school. How can teachers spot this social exclusion, and what can they do to make every child feel included? An intervention in primary schools in Italy gave teachers the information to help them recognise and help isolated children. Michela Carlana of Harvard tells Tim Phillips how identifying the problem can be the first step to solving it.  ... Read more

Yesterday

19 MINS

19:20

Yesterday

#361

S7 Ep58: Trading around geopolitics

After Russia after invaded Ukraine, 45 countries imposed sanctions. Turkiye was among those that did not. Have Turkiye’s exporters filled the gap created by the reduction in exports from other sources? If so, how do they manage the reputational and operational risks in trading with Russia? Giancarlo Corsetti, Banu Demir and Beata Javorcik have used firm-level data to discover whether Turkiye’s firms have been “Trading around geopolitics”. They tell Tim Phillips why imposing trade sanctions can be like “squeezing a balloon”. ... Read more

13 Dec 2024

18 MINS

18:36

13 Dec 2024

#360

S7 Ep57: Can central banks green the financial system?

Climate change, and policies that governments implement to address it, increasingly have macroeconomic impacts that are relevant for Central banks. But, within their remit, what actions can monetary policymakers take, and what actions should they take? These are questions that Frank Elderson is well qualified to answer. He is a member of the Executive Board of the European Central Bank and Vice-Chair of the Supervisory Board of the European Central Bank, he is co-Chair of the Task Force on Climate-related Financial Risks of the Basel Committee on Banking Supervision, and he was the first Chair of the Network of Central Banks and Supervisors for Greening the Financial System. He tells Tim Phillips about the instruments available to the ECB, the contribution of the NGFS, and the limits of monetary policy in addressing the urgent challenge of climate change. ... Read more

03 Dec 2024

29 MINS

29:41

03 Dec 2024

#359

S7 Ep56: Populism and war

What effect do populist rulers of economic superpowers have on international relations, peace, and inequality? If a populist takes power in one of these countries, does it lead to more conflict in other places? Massimo Morelli describes Donald trump as “The quintessential populist”. As Trump prepares to resume his presidency in the US, he shares some surprising conclusions with Tim Phillips about the places that have a higher risk of conflict as a result.  The first in a short series of VoxTalks inspired by papers from the 3rd Kiel-CEPR Conference on Geoeconomics. ... Read more

29 Nov 2024

22 MINS

22:07

29 Nov 2024

#358

S7 Ep55: Masculinity around the world

How do men think they should behave? How important is it to dominate, to win, to control women, or to refuse help? How do views on this correlate to economic performance, to men’s physical and mental health, even to politics? Ralph De Haas and Victoria Baranov are two of the authors of research into what masculinity means around the world. They tell Tim Phillips about the surprising differences they discovered. ... Read more

19 Nov 2024

26 MINS

26:35

19 Nov 2024

#357

S7 Ep54: Banking without branches

Bank branches are closing rapidly as banking activity migrates online. What are the consequences, for the public, for a bank’s business customers, or the wider economy? Niklas Amberg and Bo Becker tell Tim Phillips about the unintended consequences for Sweden’s small businesses – and economic activity – of removing face-to-face banking.  ... Read more

15 Nov 2024

18 MINS

18:45

15 Nov 2024

#356

S7 Ep53: The price of deforestation

Recorded at the Climate Change and the Environment Conference, organised by the AXA Research Fund and CEPR. We are familiar with frightening images of deforestation, and you’ve heard the warnings of the impact on nature if we do not do a better job of protecting our tropical rainforests. But how can we quantify the gains from reversing deforestation, and at what carbon price is reforestation economically rational? José Scheinkman talks to Tim Phillips about the consequences of deforestation, how to create policy levers to reverse the trend, and the benefits if we use carbon credits as a means of restoring nature. ... Read more

08 Nov 2024

23 MINS

23:10

08 Nov 2024

#355

S7 Ep52: Financing the green transition

The second of three special episodes of VoxTalks Economics recorded at the Climate Change and the Environment Conference in Paris, jointly organised by the AXA Research Fund and CEPR. The green transition needs investment. So who will fund it, and under what conditions? Tim Phillips asks Gilles Moec of AXA and Katheline Schubert of the Sorbonne and PSE about how capital can be mobilised to get us to Net Zero. ... Read more

05 Nov 2024

22 MINS

22:57

05 Nov 2024

#354

S7 Ep51: Insuring the world of the future

The first of three special episodes of VoxTalks Economics recorded at the Climate Change and the Environment Conference in Paris, jointly organised by the AXA Research Fund and CEPR. Weather patterns are changing around the world, and weather-related insurance claims are rising. As climate change increases losses from these events, is it the responsibility of governments to compensate those who lose their homes and businesses, or can the insurance industry step up to provide that service? Thierry Langreney of the NGO Les Ateliers du Futur, and Mathieu Godart, Head of P&C - AXA France, discuss the issues with Tim Phillips. ... Read more

01 Nov 2024

25 MINS

25:15

01 Nov 2024

#353

S7 Ep50: The economic effect of the Great Fire of London

In the early hours of 2 September 1666, a spark in Thomas Farriner's bakery on Pudding Lane in the City of London ignited a blaze that would go on to consume 90% of the City’s houses. But how did economic activity and wealth rebound after the fire? Philipp Ager of the University of Mannheim and Paul Sharp of the University of Southern Denmark have used contemporary records to describe London’s uneven economic recovery. They tell Tim Phillips about the records they uncovered, and what they reveal about London’s economy before and after the fire. ... Read more

25 Oct 2024

16 MINS

16:26

25 Oct 2024

#352

S7 Ep49: Young, educated, and unemployed

In some places in Europe, young college graduates are more likely to be unemployed than young high school graduates. We assume that jobs are more likely to go to people with more education, so can economics explain why this is happening? Sena Coskun of tells Tim Phillips what is different about these countries – and the young jobseekers in them.  ... Read more

18 Oct 2024

14 MINS

14:46

18 Oct 2024

#351

S7 Ep48: NOBEL SPECIAL: James Robinson on antisocial norms

The saying “don’t be a toad” in Colombia tells people to mind their own business and not to tell on others. The warning that “snitches get stitches” is common to many societies. It’s easy to imagine why groups adopt prosocial norms like sharing and volunteering. But what sustains an “antisocial” norm like this one? James Robinson talks to Tim Phillips about why people dislike but adopt antisocial norms, what that means for society, and what we can do to change them. ... Read more

15 Oct 2024

22 MINS

22:47

15 Oct 2024

#350

S7 Ep47: Access to opportunity in the sciences

A Nobel season episode: what is the background of the scientists who win the big prize? If talent is equally distributed, but the opportunity to use that talent is not, both individuals and society lose. Paul Novosad and Sam Asher talk to Tim Phillips about the background of the scientists who win the Nobel, and what that tells us about equality of opportunity.  ... Read more

11 Oct 2024

21 MINS

21:13

11 Oct 2024

#349

S7 Ep46: Food policy in a warming world

In May 2022 the Indian government responded to a heatwave that had cut crop yields by unexpectedly banning wheat exports. Ministers spoke of the need for domestic food security, and the important of reducing wheat prices for the India’s citizens. But the policy was unpopular with domestic farmers and in countries that imported wheat, where prices had already risen following the Russian invasion of Ukraine. Allan Hsiao talks to Tim Phillips about how common these policy interventions really are – and the consequences for governments and trade, consumers and farmers. ... Read more

04 Oct 2024

20 MINS

20:15

04 Oct 2024

#348

S7 Ep45: How protests are born, and how they die

Every year we see thousands of protest movements on our city streets. Most are fuelled by social media. But why do some protests persist, and some disappear. Why do some remain peaceful, but others become violent? Benoît Schmutz-Bloch tells Tim Phillips about how social media gives life to protest movements – but can also hasten their destruction. ... Read more

27 Sep 2024

26 MINS

26:02

27 Sep 2024

#347

S7 Ep44: The US is in a fiscal mess

US federal debt is expected to grow to historic highs in the next 10 years, and the interest bill for that debt will continue to grow too. But does it matter? Yes, say Giancarlo Corsetti and Riccardo Trezzi They tell Tim Phillips about the unpalatable policy options if the US wants to stabilise its ballooning debt and interest payments. [Read their VoxEU column] (https://cepr.org/voxeu/columns/us-fiscal-mess-some-unpleasant-fiscal-simulations) ... Read more

20 Sep 2024

27 MINS

27:45

20 Sep 2024

#346

S7 Ep43: Digital access and infectious disease

During the global spread of Covid, governments were forced to rely on NPIs – non-pharmaceutical interventions – such as masks and social distancing. Carol Propper tells Tim about the stunning effectiveness during the pandemic of a less obvious intervention: access to 3G internet in Indonesia. ... Read more

13 Sep 2024

15 MINS

15:05

13 Sep 2024

#345

S7 Ep42: The economics of strategy

Organisations don’t just provide employment: they solve, or attempt to solve, important problems in our society. Organisational economics has made some impressive strides in recent years to show what choices organisations make. But there is much less research on how they come up with the strategies that guide those choices. Ghazala Azmat tells Tim Phillips about a new initiative that aims to deepen our knowledge of the economics of organisational strategy. ... Read more

06 Sep 2024

14 MINS

14:56

06 Sep 2024

#344

S7 Ep41: The EU miracle

In 2004 75 million people in 10 countries joined the EU. Their GDP per capita has grown dramatically in the last 20 years – but how much of that is due to EU membership, and how much would have happened anyway? Basile Grassi tells Tim Phillips that the enlargement of the EU in 2004 was “a miracle” for the economies of these countries, even though nationalist politicians may argue otherwise. ... Read more

30 Aug 2024

23 MINS

23:44

30 Aug 2024

#343

S7 Ep40: The economic burden of burnout

Today doctors recognise the symptoms of burnout from work-related stress. It’s a common problem, but one that can have serious, long-term consequences for sufferers. New research shows that there are measurable consequences for partners and children too, and lasting effects on fertility. Arash Nekoei and Josef Sigurdsson talk to Tim Phillips about the scale of the burnout burden, and what can we do to identify the problem before it happens. ... Read more

23 Aug 2024

22 MINS

22:12

23 Aug 2024

#342

S7 Ep39: Getting cash transfers right

Sending regular small sums of money to households or individuals are go-to policy. Should these transfers be universal or targeted? And how big, and how regular, should the sums be? In another episode based on the most interesting presentations from the CEPR-PSE Symposium 2024, Paul Niehaus explains to Tim Phillips how cash transfers work best to relieve poverty. Picture credit: WFP/Simon Pierre Diouf ... Read more

16 Aug 2024

24 MINS

24:56

16 Aug 2024

#341

S7 Ep38: Do billionaires pay taxes?

Data about the personal finances of the richest people in our society is hard to find. A team of economists in France have attempted to answer a question that increasing preoccupies both policymakers and the public: how much tax do the ultra-rich actually pay? Antoine Bozio talks to Tim Phillips about why France’s tax regime is no longer progressive – and what would happen if progressivity was restored. ... Read more

09 Aug 2024

22 MINS

22:01

09 Aug 2024