After COVID-19, green investment must deliver jobs to get political traction
The most precipitous contraction of the global economy in a century has seen carbon emissions plummet. By the end of this year, emissions are likely to be 8% less than…
Inclusive and sustainable economic growth can drive progress and generate the means to implement the Sustainable Development Goals. Globally, labour productivity has increased and unemployment is back to pre-financial crisis levels. However, the global economy is growing at a slower rate. More progress is needed to increase employment opportunities, particularly for young people, reduce informal employment and the gender pay gap and promote safe and secure working environments to create decent work for all.
Center on Global Transformation
Technological transformations open new opportunities and disrupt old patterns. Founded in 2006, Center on Global Transformation (CGT) provides a new framework for vanguard exploration of topics critical to analyzing and…
Estimating Earnings Adjustment Frictions: Method and Evidence from the Earnings Test
We introduce a method for estimating the cost of adjusting earnings, as well as the earnings elasticity. In the context of the Social Security Earnings Test, our results demonstrate that…
Import Exposure and Unionization in the United States
This paper provides evidence that firms in Right-to-Work states tend to specialize in lower-quality products, making them more susceptible to competition with Chinese goods. However, while reducing unionization within manufacturing,…
Pola, Katowice, Poland
The Political Consequences of External Economic Shocks: Evidence from Poland
How do external economic shocks influence domestic politics? We argue that those materially exposed to the shock will display systematic differences in policy preferences and voting behavior compared to the…
Firm participation in voluntary regulatory initiatives: The Accord, Alliance, and US garment importers from Bangladesh
Most research on private governance examines the design and negotiation of particular initiatives or their operation and effectiveness once established, with relatively little work on why firms join in the…
San Diego’s Internet Of Things Ecosystem
San Diego’s innovation ecosystem offers new business opportunities for Japanese companies due to its close match to Japanese core industrial strengths, such as engineering, production technologies and infrastructure solutions. To…
Japan Forum for Innovation and Technology
The Japan Forum for Innovation and Technology (JFIT) bridges Japan and San Diego by offering information and introductions to businesses and policymakers across the Pacific.As part of San Diego’s larger…
Utility, Risk and Demand for Incomplete Insurance: Lab Experiments with Guatemalan Co-Operatives
We play a series of incentivised laboratory games with risk-exposed co-operativised Guatemalan coffee farmers to understand the demand for index-based rainfall insurance. We estimate an explicit utility curve for every…
Fiscal Stimulus and Household Debt: Evidence from Thailand’s First-Car Buyer Tax Rebate
This paper examines the extent to which a fiscal stimulus through car loans induces financial distress. Using data to study the impact of Thailand’s first-car-buyer tax rebate scheme at both…