News

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.

It’s a summer of playing hooky: feeling pressured not to take their earned vacation, Americans are finding a loophole

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Weidenbaum Center Grant Recipient Yongseok Shin comments on the reduction of workaholism

Prof. M. Bumin Yenmez won an Australian Research Council Discovery Project grant

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Prof. M. Bumin Yenmez won an Australian Research Council Discovery Project grant.

Federal Reserve governor speaks about the US economy

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Federal Reserve Board of Governors member Adriana Kugler spoke about the current state of the economy and the objectives of the Federal Open Market Committee (FOMC) at the Weidenbaum Center in the Bryce Cave Moot Courtroom, Apr 3. Kugler is a well-known economist and one of seven governors of the U.S. Federal Reserve, a role she was nominated to hold by President Joe Biden in April 2022.

Quiet quitting. RTO. Coffee badging. What this new vocabulary says about your workplace

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Yongseok Shin is featured in the Los Angeles Times on March 4, 2024.

Daily Commuting

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Marcus Berliant has been published in ScienceDirect, Volume 103, March 2024, 101392.

The Work Goes On: Robert Pollak on the “two career problem” and modeling the economics of the family

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Robert Pollak, the Hernreich Distinguished Service Professor of Economics at the Washington University in St. Louis, joins the podcast to discuss his work modeling economic decisions and bargaining within families and how he and his wife, an English professor and American poetry scholar, navigated the “two career problem.”