News

Is the American Dream achievable? These students are examining its promises and pitfalls.

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“Economic Realities of the American Dream” What prompted the idea for the course? One of us – Steve Fazzari – was trained as an economist, and the other – Mark Rank – as a sociologist. We’ve shared scholarly interests over the years as colleagues at Washington University in St. Louis. But our teaching partnership really began with a lecture Mark gave about his book “One Nation Underprivileged,” which explores the causes and consequences of poverty and how the reality of poverty conflicts with American values. This talk inspired Steve at a moment in his career when he sought to integrate economic inequality into his teaching. Our conversations deepened as Mark was researching his next book, “Chasing the American Dream: Understanding What Shapes Our Fortunes.” We realized that both of us could bring something unique to the table about the American Dream, and this was the spark for the class.

Making space in hallowed halls

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As assistant attorney general for the U.S. Department of Justice’s Office of Legislative Affairs, Carlos Felipe Uriarte, AB '02, stands between Congress and the nation’s top law enforcement agency and serves as the DOJ’s liaison to Capitol Hill.

REStud North America Tour 2024

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The REStud Tour, held annually since 1989, follows the Review of Economic Studies' tradition of supporting young economists.

Mourifié elected to Econometric Society

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Ismael Mourifié’s groundbreaking research explores the reasons female students avoid STEM careers.

Congratulations to Ismael Mourifié on his election as a fellow of the Econometric Society!

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This prestigious recognition reflects his outstanding contributions to the field of econometrics and his influential research on education and labor markets.

Antinolfi, Flowe to serve as dean’s fellows for resource planning, DEI

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Antinolfi will serve as Dean’s Fellow for Budget and Resource Planning. Flowe will serve as Dean’s Fellow for Diversity, Equity, and Inclusion.

Professor Yenmez will give special lectures on "Matroids and Matching" at the University of Tokyo

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Professor Yenmez will give special lectures on "Matroids and Matching" at the University of Tokyo on October 7th, 8th, and 11th, 2024 (JST).

Why the average New Yorkers' work week appears to be the shortest in decades

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Economist Yongseok Shin, a professor at Washington University in St. Louis, has studied the national data on hours worked by Americans.

Software’s impact on labour’s income share: New evidence

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The declining labour share of income in advanced economies is an important topic for policymakers. This column studies how different types of capital interact with labour using firm-level data from Korea. It shows that equipment capital and labour are complements, but software (a part of intangible capital) and labour are substitutes. As software improves, labour shares within firms decrease, and production shifts toward software-intensive firms, which tend to have higher markups and lower labour shares. These findings have important implications for the ongoing debates about technological change, market power, and income distribution, especially in the era of generative artificial intelligence.

Meet our new faculty: Social sciences

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This fall, 19 new researchers and instructors join six social science departments in Arts & Sciences. Welcome to our incoming faculty!

Workplace jargon reflects changing power dynamics

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Yongseok Shin was featured in Marketplace on 7/23/2024.

How software is eating the world

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Yongs Shin's new paper featured in Politico on July 18, 2024.