Lucas Bosman, Stanford University -- Ushering in economic reforms to resolve China’s demand-side failings is top priority (Kynge, 2021), though the question remains whether change is viable, both economically and politically.
Author: Karthick Arunachalam
COMMENTARY: Metaverse Money: The Economy in a Digital World
Aidan Cullen, Stanford University -- The Metaverse has opened a whole new world of possibilities. By generating prime advertising space for large companies and fueling the mass trading of NFTs, the Metaverse is forming a fascinating new economy.
COMMENTARY: The Russian Solution to a European Energy Crisis
Jenna Teterin, Stanford University -- Europe is running out of gas. With panic rising and solutions limited, the Nord Stream 2 pipeline, while unpopular, may be Europe’s best option yet.
COMMENTARY: Global Public Goods and COVID-19
Nicolas Garcia, Stanford University -- Understanding vaccines and their associated use through the lens of Global Public Goods (GPGs) carries important consequences for how the world manages public health crises like COVID-19.
COMMENTARY: Believe in the Tree
Ezra Kohrman, Stanford University -- At first glance, a collection of trees may appear to be nothing more than an ornamental additive or a mere pocket of shade. But really, trees are so much more. In light of a changing climate and widening economic inequality, trees represent an indispensable resource for achieving environmental and economic progress.
Exciting News for 2021-22 and Beyond – Our Name has Changed!
For almost a decade, Comparative Advantage has published incredible research papers from undergraduate students across the globe, serving as a medium to amplify the voices of some of the world’s brightest minds. Starting this year, we are attempting to broaden our publication’s impact by venturing into new territory: the realm of commentaries. Especially in the… Continue reading Exciting News for 2021-22 and Beyond – Our Name has Changed!
The Impact of Liquidity Constraints on Job Seekers’ Reservation Wage
Giovanni M. Topa, Columbia University -- I use novel data from the Survey of Consumer Expectations, conducted by the Federal Reserve Bank of New York, and data from the Survey of Unemployed Workers in New Jersey, both of which directly elicit individuals’ reservation wages to study the effects of being liquidity constrained on reservation wages.
Political Participation After a Mass Protest Movement: Evidence from the Arab Spring
Nada Shalash, Boston University -- This paper explores the individual and social determinants of political engagement across the Middle East before and after the Arab Spring. Using the Arab Spring as an example of a mass uprising spanning multiple countries, I conduct a difference-in-differences analysis of socioeconomic determinants of political engagement in the Middle East.
Labor Market Performance During the COVID-19 Pandemic: State Policy, Compliance, and Social Behavior
Julian W. Klingen, Oberlin College -- The outbreak of the COVID-19 pandemic in late February 2020 in the United States constituted an unprecedented economic shock, in addition to the tragic loss of life, and sparked a rapidly growing literature on the economic implications. Exploiting county-level data in the U.S. from January - August 2020, this paper examines labor market performance in structurally similar counties situated along state borders that were exposed to varying degrees of nonpharmaceutical interventions.