Black Politicians During Reconstruction: Impacts and Backlashes

Monday, February 28th, 2022
12:30 – 2:00 p.m. ET
via Zoom

We were pleased to invite you to the 17th webinar of the “Facing Inequality” series, hosted by the Institute for International Economic Policy and co-sponsored by the GW Interdisciplinary Inequality Series. In this webinar, noted economic historian Trevon Logan discussed his research on “Black Politicians During Reconstruction: Impacts and Backlashes.” Shari Eli, Associate Professor of Economics at the University of Toronto, provided discussant remarks, and IIEP Director Jay Shambaugh moderated the discussion.

Racial economic inequality in the United States has substantial roots in history, including not just race-based slavery, but also the failure to move to more equal footing after the Civil War. In this event, Trevon Logan will present results from two papers: “Do Black Politicians Matter?” and “Whitelashing: Black Politicians, Taxes, and Violence.” In this work, he demonstrates the important impact of Black politicians after the war in the Reconstruction South; their presence increased tax revenue and land tenancy, and decreased the black-white literacy gap. He also finds that such increases in tax revenue were followed by a rise in violence against Black politicians, pushing back on the efficacy of these policymakers.

The “Facing Inequality” virtual series focuses on current and emerging inequality issues in the U.S. and around the globe – especially those revealed by the current COVID-19 pandemic. It brings together historians, economists, sociologists, political scientists, and epidemiologists, within the academy and without, to present work and discuss ideas that can facilitate new interdisciplinary approaches to the problem of inequality. This is a platform for dialogue and debate. We invite you to engage with us in this series of important discussions.

About the Speaker:

Trevon LoganTrevon Logan is the Hazel C. Youngberg Distinguished Professor of Economics at The Ohio State University. Professor Logan specializes in economic history, economic demography and applied microeconomics. His research in economic history concerns the development of living standards measures that can be used to directly assess the question of how the human condition has changed over time. He applies the techniques of contemporary living standard measurements to the past as a means of deriving consistent estimates of well-being over time. Most of his historical work uses historical household surveys, but also includes some new data to look at topics such as the returns to education in the early twentieth century, the formation of tastes, and the allocation of resources within the household. He is a Research Associate at the National Bureau of Economic Research and holds a PhD in Economics from the University of California at Berkeley.

About the Discussant:

Shari EliShari Eli is an Associate Professor of Economics at the University of Toronto and a Research Associate at the National Bureau of Economic Research. Her fields of research are economic history, health economics and demography. One section of her research explores the ways in which individuals of low socioeconomic status used cash transfers to improve their health status over the course of the lifecycle. Another section explores the intergenerational persistence of welfare receipt as well as the relationship between social assistance and marriage decisions.

 

John J. Clegg is an historical sociologist working on the roots of mass incarceration in the United States and the comparative political economy of slavery and emancipation in the Atlantic world.

His dissertation, “From Slavery to Jim Crow: Essays on the Political Economy of Racial Capitalism” (NYU 2018) traced the evolution of forms of labor control and racialization across America’s pivotal decade of Civil War and emancipation.

He is currently working on a comprehensive crowd-sourced database of African American Civil War soldiers as well as a large scale research project on the political economy of mass incarceration.

His work has appeared in The Cambridge Journal of Economics, Social Science History, Critical Historical StudiesGlobal Labor JournalThe Brooklyn Rail, The SAGE Handbook of Frankfurt School Critical Theory and The Best American Non-required Reading 2016.

About the Moderator:

Jay ShambaPicture of Jay Shambaughugh is a Professor of Economics and International Affairs, and Director of the Institute for International Economic Policy at the Elliott School of International Affairs, George Washington University. His area of research is macroeconomics and international economics. He has had two stints in public service. He served as a Member of the White House Council of Economic Advisors from 2015-2017. Earlier, he served on the staff of the CEA as a Senior Economist for International Economics and then as the Chief Economist. He also spent 3 years as the Director of the Hamilton Project at the Brookings Institution. Jay is also a Faculty Research Fellow at the NBER and Non-Resident Senior Fellow in Economic Studies at Brookings. Prior to joining the faculty at George Washington, Jay taught at Georgetown and Dartmouth and was a visiting scholar at the IMF. He received his Ph.D. in economics from the University of California at Berkeley, an M.A. from the Fletcher School at Tufts, and a B.A. from Yale University.

Epidemics, Inequality and Poverty in Preindustrial and Early Industrial Times

Wednesday, April 27th, 2022

via Zoom

We are pleased to invite you to the third webinar in the 2021-2022 Facing Inequality series, co-sponsored by the Sigur Center for Asian Studies and the Institute for International Economic Policy. This is a platform for dialogue and debate. We invite you to engage with us in this series of important discussions.

Recent research has explored the distributive consequences of major historical epidemics, and the current crisis triggered by Covid-19 prompts us to look at the past for insights about how pandemics can affect inequalities in income, wealth, and health. The fourteenth-century Black Death, which is usually believed to have led to a significant reduction in economic inequality, has attracted the greatest attention – but the picture becomes much more complex if other epidemics are considered. This paper covers the worst epidemics of preindustrial times, usually caused by plague, as well as the cholera waves of the nineteenth. It shows how the distributive outcomes of lethal epidemics do not only depend upon mortality rates, but are mediated by a range of factors, chief among them the institutional framework in place at the onset of each crisis. It then explores how past epidemics affected poverty, arguing that highly lethal epidemics could reduce its prevalence through two deeply different mechanisms: redistribution towards the poor, or extermination of the poor.

 

About the Speaker:

picture_of_Guido_AlfaniGuido Alfani is Professor of Economic History at Bocconi University, Milan (Italy). He is also an Affiliated Scholar of the Stone Center on Socio-Economic Inequality, New York (U.S.). An economic and social historian and an historical demographer, he published extensively on inequality and social mobility in the long run, on the history of epidemics (especially of plague) and of famines, and on systems of social alliance. Recent works include The Lion’s Share. Inequality and the Rise of the Fiscal State in Preindustrial Europe (2019, with Matteo Di Tullio) and Famine in European History (2017, with Cormac Ó Gráda). During 2012-16 he was the Principal Investigator of the project EINITE-Economic Inequality across Italy and Europe, 1300-1800 (www.dondena.unibocconi.it/EINITE), funded by the European Research Council (ERC), and from 2017 he is the Principal Investigator of a second ERC project, SMITE-Social Mobility and Inequality across Italy and Europe 1300-1800.

About the Discussants:

Abigail Agresta is Assistant Professor of History at George Washington University.  Her research examines the religious, environmental, and public health history of the medieval Crown of Aragon. Her first monograph, The Keys to Bread and Wine: Faith, Nature, and Infrastructure in Late Medieval Valencia, will be published by Cornell University Press in July 2022.

 

 

Mark Koyama is an associate professor of economics at George Mason University and a senior scholar at the Mercatus Center. He is an economic historian and has written extensively on topics including comparative state development, religious freedom, and institutional development. His most recent book (with Jared Rubin) is “How the World Became Rich”.

 

 

 

The Distribution of Wealth in Germany 1895-2018

Monday, February 7th, 2022
12:30 p.m. – 2:00 p.m. ET
via Zoom

We were pleased to invite you to the 16th webinar of the “Facing Inequality” series, hosted by the Institute for International Economic Policy. In this webinar, Dr. Charlotte Bartels discussed her current research on “The Distribution of Wealth in Germany, 1895 to 2018.” This event featured Federal Reserve Principal Economist Alice Henriques Volz as a discussant. IIEP Director Jay Shambaugh provided welcoming remarks and moderated the event.

Dr. Bartels presented the first comprehensive study of the long-run evolution of wealth inequality in Germany. Her paper presents a combination of tax data, surveys, national accounts and rich lists used to study wealth and its distribution in Germany from 1895 to 2018. Her research finds that in the long run, the concentration of wealth in the hands of the top 1% has fallen by half, from close to 50% in 1895 to 27% today. Nearly all of this decline was the result of various shocks that occurred between 1914 and 1952. The interwar period as well as World War II and its aftermath stand out as the great equalizers in 20th century German history. Her research also shows that two off-setting trends have shaped the German wealth distribution since unification. Households at the top made substantial capital gains from rising equity valuations that were counterbalanced by large middle-class capital gains from rising house prices and substantial savings. By contrast, the wealth share of the bottom 50% has halved in the past 30 years.

The “Facing Inequality” virtual series focuses on current and emerging inequality issues in the U.S. and around the globe – especially those revealed by the current COVID-19 pandemic. It brings together historians, economists, sociologists, political scientists, and epidemiologists, within the academy and without, to present work and discuss ideas that can facilitate new interdisciplinary approaches to the problem of inequality. This is a platform for dialogue and debate. We invite you to engage with us in this series of important discussions.

About the Speaker:

Picture of Charlotte BartelsDr. Charlotte Bartels is a post-doctoral researcher at the German Institute for Economic Research (DIW). For the academic year 2021/2022, she is a Kennedy fellow at the Center for European Studies at Harvard University. In 2020, she was Visiting Associate Professor at the City University New York (CUNY). Her research interests lie in the fields of public economics, labor economics and economic history. She is particularly concerned with the long-run dynamics of income and wealth distributions and the political consequences of rising inequality. Another focus of her research is the redistributive and stabilizing impact of welfare state institutions and their incentives. She contributes to the German series for the World Inequality Database (WID). Bartels received her Ph.D. in economics from the Freie Universität Berlin.

About the Discussants:

Picture of Alice Henriques VolzAlice Henriques Volz is a principal economist at the Federal Reserve Board. At the Board, Alice works in the Microeconomic Surveys section, which oversees the Survey of Consumer Finances. Her research interests focus on inequality and retirement. Current research projects include retirement preparation across cohorts and the wealth distribution and understanding trends in wealth and income inequality. She received her Ph.D. in economics from Columbia University and a B.A. from University of California at Berkeley.

 

Trevor Jackson is an assistant professor of economic history at George Washington University, where he teaches the history of inequality and economic crisis. He works on early modern European economic history, with an emphasis on inequality and financial crisis. His book manuscript, Impunity and Capitalism: Afterlives of European Financial Crisis, 1680-1830, is under contract with Cambridge University Press. It examines how changes in the scope for prosecutorial discretion, technical complexity, and the international mobility of capital diffused the capacity to act with impunity in the economy across the very long eighteenth century.  The project argues that impunity has shifted from the sole possession of a legally-immune sovereign to a functional characteristic of technically-skilled professional managers of capital, to an imagined quality of markets themselves, such that a constituent element of the modern economic sphere is that within it, great harm can and will happen to great many people, and nobody will be at fault. Dr. Jackson has taught courses on international economic history ranging from the early modern period to the twentieth century, as well as courses on capitalism and inequality, the history of economic crisis, and the history of human rights.  Prior to joining the faculty at the George Washington University, he lectured at the University of California, Berkeley.

About the Moderator:

Picture of Jay ShambaughJay Shambaugh is Professor of Economics and International Affairs, and Director of the Institute for International Economic Policy at the Elliott School of International Affairs, George Washington University. His area of research is macroeconomics and international economics. He has had two stints in public service. He served as a Member of the White House Council of Economic Advisors from 2015-2017. Earlier, he served on the staff of the CEA as a Senior Economist for International Economics and then as the Chief Economist. He also spent 3 years as the Director of the Hamilton Project at the Brookings Institution. Jay is also a Faculty Research Fellow at the NBER and Non-Resident Senior Fellow in Economic Studies at Brookings. Prior to joining the faculty at George Washington, Jay taught at Georgetown and Dartmouth and was a visiting scholar at the IMF. He received his Ph.D. in economics from the University of California at Berkeley, an M.A. from the Fletcher School at Tufts, and a B.A. from Yale University.

Inequality and the Centrifugal Nature of the Labor Market

Wednesday, September 29, 2021
12:00 p.m. – 1:30 p.m.
via Zoom

This was a joint Facing Inequality Series and Rethinking Capitalism & Democracy Series event featuring Peter Dietsch (University of Victoria).

Globalization and technological change are the two staple explanations of the income inequality between the relatively skilled and unskilled segments of the labor market. While recognizing their importance, this webinar turns the spotlight on another, neglected driver of income inequality. The mechanics of the labor market have a tendency to allow skilled workers to extract a significant wage premium. Arguably, the magnitude of this premium is neither just nor necessary for a functioning labor market. Interestingly, the policy response required to contain this centrifugal nature of the labor market differs markedly from the standard remedies to reduce income inequality.

Kathryn Holston (Harvard and World Bank) provided discussant remarks. This webinar was moderated by IIEP Director Jay Shambaugh with introductory remarks by IIEP Distinguished Visiting Scholar Sunil Sharma. The event was co-sponsored by GW Interdisciplinary Inequality Seminar, organized by Professor Trevor Jackson.

About the Speaker:

Picture of Peter Dietsch Peter Dietsch is a professor in the Department of Philosophy at the University of Victoria, British Columbia. His research focuses on issues of economic ethics, notably on tax justice, normative dimensions of monetary policy, and on income inequalities. Dietsch is the author of Catching Capital – The Ethics of Tax Competition (Oxford University Press, 2015), co-author of Do Central Banks Serve the People? (Polity Press, 2018), and co-editor of Global Tax Governance – What is Wrong with It and How to Fix It (ECPR Press, 2016). He has published numerous articles and book chapters, and is a regular contributor in the media on debates in his field. Dietsch received the Friedrich Wilhelm Bessel Research Award from the Humboldt Foundation in 2021 and was nominated to the College of New Scholars, Artists and Scientists of the Royal Society of Canada in 2017. Prior to the University of Victoria, Dietsch taught at the Université de Montréal for 16 years. He has been a visiting fellow at the Wissenschaftszentrum Berlin, at the European University Institute in Florence, and at the University of Victoria.

About the Discussant:

Picture of Kathryn HolstonKathryn Holston is an economist in the Office of the World Bank Chief Economist and a PhD candidate in economics at Harvard (on leave for the 2021-22 academic year). Since 2019, she has been a Stone PhD Scholar in Inequality and Wealth Concentration at Harvard. Her current work focuses on financial fragility during the COVID-19 crisis and banking crises throughout history. She is also interested in monetary policy, central bank independence and governance, and policymaking under low interest rates. Kathryn’s past work includes estimating the natural rate of interest for advanced economies with Thomas Laubach and John C. Williams, for which they received the Bhagwati Award for best paper in the Journal of International Economics. Previously, Kathryn has worked in the Monetary Studies Section of the Federal Reserve Board and as a Guaranteed Income Fellow at the Jain Family Institute. She is a graduate of the University of Pittsburgh, where she studied economics and math.

About the Moderators:

Picture of Sunil SharmaSunil Sharma is a Distinguished Visiting Scholar at the Institute for International Economic Policy, Elliott School of International Affairs, The George Washington University, Washington, D.C., USA, and a Senior Associate at the Council on Economic Policies, Zurich, Switzerland. He was Assistant Director in the IMF’s Research Department from 2015-2018, and the Director of the IMF- Singapore Regional Training Institute (STI) in Singapore from 2006-2015. Before moving to Singapore in 2006, he was Chief of the IMF Institute’s Asian Division in Washington, D.C. Prior to joining the IMF in 1992, Dr. Sharma was on the Economics faculty at the University of California, Los Angeles (UCLA). He has a Ph.D. and M.A. in Economics from Cornell University, a M.A. from the Delhi School of Economics, and a B.A. (Honors) from St. Stephen’s College, Delhi University. His current interests include rethinking capitalism and democracy, systemic hazards, complex systems, the international financial architecture, and the institutional structure and design of financial regulation.

Picture of Jay ShambaughJay Shambaugh is the Co-Director of the Institute for International Economic Policy and recently served as a member of the Biden transition team. His work includes analysis of the interaction of exchange rate regimes with monetary policy, capital flows, and trade flows as well as studies of international reserves holdings, country balance sheet exchange rate exposure, the cross-country impact of fiscal policy, the crisis in the euro area, and regional growth disparities. He has also served as a Member of the White House Council of Economic Advisors from 2015-2017. He also spent 3 years as the Director of the Hamilton Project at the Brookings Institution. He is also a Faculty Research Fellow at the NBER and Non-Resident Senior Fellow in Economic Studies at Brookings. Shambaugh received his Ph.D. in economics from the University of California at Berkeley, an M.A. from the Fletcher School at Tufts, and a B.A. from Yale University.

IIEP Rethinking Capitalism and Democracy Series

The COVID-19 pandemic, like the global financial crisis a decade ago, has laid bare the cracks in the leading capitalist democracies. Fissures in the political, social, economic, and financial orders, accompanied by an increasingly stressed natural environment, pose serious and possibly existential threats to these societies, as exploding income and wealth inequality subverts the integrity and fairness of markets and elections, weak regulatory oversight increases the likelihood and severity of the next crash, and the visible effects of climate change threaten lives and livelihoods and drive migrations. The three spheres of wellbeing – political and social, economic and financial, and the natural environment, are each becoming more fragile while their complex interrelationships are producing wicked challenges. The IIEP webinar series on Rethinking Capitalism and Democracy examines these difficult questions and possible policy responses.

IIEP Facing Inequality Series

The Facing Inequality series focuses on current and emerging inequality issues in the U.S. and around the globe, especially those revealed by the current COVID-19 pandemic. It brings together historians, economists, sociologists, political scientists, and epidemiologists, within the academy and without, to present work and discuss ideas that can facilitate new interdisciplinary approaches to the problem of inequality. It is a platform for dialogue and debate. This series is organized under the stewardship of IIEP Co-Director James Foster; Oliver T. Carr, Jr. Professor of International Affairs and Professor of Economics; and IIEP Faculty Affiliate Trevor Jackson, Assistant Professor of History. It is co-sponsored by the GW Interdisciplinary Inequality Series and co-organized by Professor Trevor Jackson from the Department of History and Professor Bryan Stuart from the Department of Economics.

Campaign Finance Rules and Wealth of Politicians

Monday, June 21, 2021
9 a.m. – 12:30 p.m. EDT
via Zoom

We were pleased to invite you to a new webinar series, “Facing Inequality”, hosted by the Institute for International Economic Policy. This virtual series focuses on current and emerging inequality issues in the U.S. and around the globe. The series brings attention to aspects of inequality being made increasingly relevant by the current COVID-19 pandemic and associated crises. The series is organized under the stewardship of IIEP Director James Foster, Oliver T. Carr, Jr. Professor of International Affairs and Professor of Economics, and IIEP Faculty Affiliate Trevor Jackson, Assistant Professor of History. The series is co-sponsored by the GW Interdisciplinary Inequality Series, co-organized by Prof. Jackson from the Department of History and Prof. Bryan Stuart from the Department of Economics. The inaugural event in the series featured Branko Milanovic.

The goal of the series is to bring together historians, economists, sociologists, political scientists, and epidemiologists, both within the academy and without, to present their work and to discuss both their ideas and methods, with the intention of working towards new interdisciplinary approaches to the problem of inequality. This is a platform for dialogue and debate, and will help cultivate a community of current and future researchers and practitioners. We invite you to engage with us in this series of important discussions.

In many countries, the political elites appear to be dominated by wealthy individuals. One commonly cited reason is the nature of the campaign finance system. Weak limits on campaign spending and rules protecting the role of outside funding may be especially advantageous for well-off candidates, given their greater ability to self-finance and stronger connections to deep-pocketed donors. While intuitive, this conjecture has scarcely been studied systematically across countries due to the lack of comprehensive data on politicians’ wealth. At the same time, insights on the topic from the U.S. are difficult to generalize from its highly idiosyncratic campaign finance regime. Drawing on newly-collected data from asset disclosures in a number of countries around the world, the paper examines cross-nationally the extent to which the variation in elected officials’ wealth is correlated with differences in limits on campaign spending. The paper further explores potential mechanisms by which campaign spending caps affect the composition of political elites by exploiting the recent campaign finance reforms enacted in Brazil and Chile.

Meet the Speakers: 

Marko Klašnja is an assistant professor at Georgetown University, with a joint appointment in the Edmund A. Walsh School of Foreign Service and the Government Department. He holds a PhD in political science (NYU, 2015). In 2014-2015, Marko was a visiting scholar at the Center for the Study of Democratic Politics, Princeton. His research focuses on democratic accountability and the inequalities in political representation, with a special focus on the electoral fortunes of corrupt politicians, the role of parties in democratic accountability, the causes and consequences of politicians’ wealth, and the political attitudes and preferences of wealthy individuals. At Georgetown, Marko teaches courses on comparative political economy and quantitative research methods.

Nina Eichacker is an Assistant Professor of Economics at the University of Rhode Island. She earned her PhD at the University of Massachusetts, Amherst. Her work synthesizes Post Keynesian economic theory with International Political Economy to better understand the effects of globalization, financial liberalization, and public intervention in neoliberalism and beyond. Her teaching interests lie in critical macrofinance, money and banking, and the economics of globalization.

 

 

Tim Shenk is an assistant professor in the department of history at GW and co-editor of Dissent. He is currently working on two books. The first, based on his dissertation and under contract with Princeton University Press, examines the emergence of the idea of “the economy” in the United States during the twentieth century. The second explores the intellectual history of the American political elite from the writing of the Constitution down to the present. Tentatively titled The Golden LineThe People, The Powerful, and the American Political Tradition, it is under contract with Farrar, Straus, & Giroux.

Hidden Wealth

Wednesday, April 28, 2021
12:30 p.m. – 2:00 p.m.
via Zoom

This was the 12th webinar of the “Facing Inequality” series, hosted by the Institute for International Economic Policy. This virtual series focuses on current and emerging inequality issues in the U.S. and around the globe – especially those revealed by the current COVID-19 pandemic. It brings together historians, economists, sociologists, political scientists, and epidemiologists, within the academy and without, to present work and discuss ideas that can facilitate new interdisciplinary approaches to the problem of inequality. This is a platform for dialogue and debate. We invite you to engage with us in this series of important discussions.

The “Facing Inequality” series is organized under the stewardship of IIEP Director James Foster, Oliver T. Carr, Jr. Professor of International Affairs and Professor of Economics, and IIEP Faculty Affiliate Trevor Jackson, Assistant Professor of History. The series is co-sponsored by the GW Interdisciplinary Inequality Series, co-organized by Prof. Jackson from the Department of History and Prof. Bryan Stuart from the Department of Economics.

In this webinar, Neil Cummins discussed his current research. Using individual level records of all wealth-at-death in England, 1892-1992, together with new estimates of the wealth-specific rate-of-return on wealth, he estimates a plausible minimum level of the amount of inherited wealth that is hidden. Elites conceal around 20% of their inheritance. Among dynasties, this hidden wealth, independent of declared wealth, predicts appearance in the Offshore Leaks Database of 2013-6, house values in 1999, and Oxbridge attendance, 1990-2016. Accounting for hidden wealth eliminates at least 40% of the observed decline of the top 10% wealth-share over the past century. Cummins finds 8,549 dynasties that are hiding £7.7 Billion.

Marina Gindelsky (Bureau of Economic Analysis) and Jonathan Rothbaum (U.S. Census Bureau) served as discussants. IIEP Co-Director James Foster will moderate.

About the speaker:

Neil Cummins is an Associate Professor of Economic History at the London School of Economics, where he also received his PhD in 2009. His research themes are “life, love and death”; Neil uses Historical Big Data to answer fundamental questions about economics, demography and history. Previously he has published papers on the decline of fertility in Europe, the effects of bubonic plague in London, the dynamics of the Malthusian economy, in France, and the lifespans of European Elites since the 9th century. Together with Greg Clark, he has documented the glacial rate of social mobility over the past 1,000 years in Britain. Currently he is using the individual information of hundreds of millions of English, 1838 to today, to describe and characterise wealth inequality, the hidden wealth of the English elite, assortment in the marriage market, and ethnic assimilation in England. This research will add new micro-evidence, on a population scale, for the historical development of, and the causal forces creating, inequality in contemporary Britain. His methods combine economic logic and historical sources with big data analytics. His research papers are available at neilcummins.com.

About the discussants:

Picture of Marina GindelskyMarina Gindelsky is a Research Economist at the Bureau of Economic Analysis, Office of the Chief Economist. Her current research focuses on income distributions, including the newly launched Distribution of Personal Income, which distributes U.S. macro national accounts totals to households, and participation in the OECD Expert Group on Disparities in a National Accounts Framework. She has a wide range of research interests in labor, urban and development economics, and a diverse set of ongoing and published projects including forecasting and measuring multidimensional inequality, analyzing historical urban growth in developing countries, assessing immigrant assimilation outcomes, and estimating housing using Zillow data. Before joining the BEA, she consulted at the World Bank and completed a Masters in International Economics and Finance from Brandeis University and a Ph.D. in Economics from GW.

Picture of Jonathan RothbaumJonathan Rothbaum is a research economist in the Social, Economic and Housing Statistics Division of the U.S. Census Bureau. He works on the integration of administrative data into the production of income, resource, and wellbeing statistics. His research has focused on nonresponse, measurement error, and data quality in income surveys and on using surveys to study intergenerational mobility in the United States. Prior to joining the Census Bureau in 2013, Rothbaum received his doctorate in economics from George Washington University.

 

About the moderator:

Picture of James FosterJames E. Foster is the Oliver T. Carr, Jr. Professor of International Affairs, Professor of Economics, and Co-Director of the Institute for International Economic Policy at the George Washington University. He is also a Research Associate at the Oxford Poverty and Human Development Initiative at Oxford University. Professor Foster’s research focuses on welfare economics — using economic tools to evaluate and enhance the wellbeing of people. His work underlies many well-known social indices including the global Multidimensional Poverty Index (MPI) published annually by the UNDP in the Human Development Report, dozens of national MPIs used to guide domestic policy against poverty, the Women’s Empowerment in Agriculture Index (WEAI) at USAID, the Gross National Happiness Index of Bhutan, the Better Jobs Index of the InterAmerican Development Bank, and the Statistical Performance Index of the World Bank. Prof. Foster received his PhD in Economics from Cornell University and has a Doctorate Honoris Causa from Universidad Autonoma del Estado Hidalgo (Mexico).

How the Pandemic Exposed the Incomplete Gender Revolution: Work, Family, and Public Policy

Monday, February 15th 2021
2:00pm – 3:30pm
WebEx

Over the past 70 years gender roles in the home and the workplace changed. Women have become more equal contributors in the labor market and men more equal contributors in the home. These changes were partially driven by the economic forces of technological change and increased international trade. As we entered 2020, women held the majority of jobs in the labor market and the vast majority of children were being raised in homes in which all parents worked. The pandemic disrupted our modern family and work lives, bringing kids out of childcare and home, and leaving many parents unemployed, while others are working at home. The result has been an unprecedented drop in labor force participation and a scaling back of hours of work by parents, particularly among women. In this talk, the economic forces that pushed gender equality, the limitations to fully realizing gender equality, and the set-back of women’s equality caused by the pandemic were discussed.

About the Speakers: 

Betsey Stevenson is a professor of public policy and economics at the University of Michigan. She is also a faculty research associate at the National Bureau of Economic Research, a visiting associate professor of economics at the  University of Sydney, a research fellow of the Centre for Economic Policy Research, a fellow of the Ifo Institute for  Economic Research in Munich, and serves on the executive committee of the American Economic Association. She  served as a member of the Council of Economic Advisers from 2013 to 2015 where she advised President Obama on  social policy, labor market, and trade issues. She served as the chief economist of the U.S. Department of Labor from  2010 to 2011, advising the Secretary of Labor on labor policy and participating as the secretary’s deputy to the White House economic team. She has held previous positions at Princeton University and at the University of Pennsylvania’s Wharton School.

Dr. Stevenson is a labor economist who has published widely in leading economics journals about the labor market and the impact of public policies on outcomes both in the labor market and for families as they adjust to changing labor market opportunities. Her research explores women’s labor market experiences, the economic forces shaping the modern family, and how these labor market experiences and economic forces on the family influence each other. She is a columnist for Bloomberg View, and her analysis of economic data and the economy are frequently covered in both print and television media.

Dr Stevenson earned a BA in economics and mathematics from Wellesley College and an MA and PhD in economics from Harvard University.

Picture of Madeline QuillacqMadeline de Quillacq is a current senior at the Elliott School of International Affairs at the George Washington University, pursuing a Bachelor of Science in Economics and International Affairs, with a concentration in International Economics. She is president of GW Women in Economics, an intern at the Reshoring Institute, and has been a research assistant at the Institute for International Economic Policy for almost two years. In addition, she served as an undergraduate teacher’s assistant for the college course “Principles of Mathematics for Economics” and attended Sciences Po in Paris, France during the 2019-2020 academic year. Madeline is a tri-citizen (US, UK, France) and fluent in French.

About the Discussants: 

Dr. Mary Ellsberg is the Executive Director and Founding Director of the Global Women’s Institute at the George  Washington University.  Dr. Ellsberg has more than 30 years of experience in international research and programs on  gender and development. Before joining the university in August 2012, Dr. Ellsberg served as Vice President for Research and Programs at the International Center for Research on Women. Dr. Ellsberg’s deep connection to global   gender issues stems not only from her academic work, but also from living in Nicaragua for nearly 20 years, leading   public health and women’s rights advocacy. She was a member of the core research team of the World Health   Organization’s Multi-Country Study on Domestic Violence and Women’s Heath, and she has authored more than 40 books and articles on violence against women and girls. Dr. Ellsberg earned a doctorate in epidemiology and public health from Umea University in Sweden and a bachelor’s degree in Latin American studies from Yale University.

Picture of Madeline QuillacqEiko Strader is an Assistant Professor of Public Policy, Women’s, Gender & Sexuality Studies, and Sociology. Her research and teaching focus on social inequalities by gender, race/ethnicity, sexuality, citizenship, and criminal records. Much of her work tries to understand how and under what conditions these social categories become relevant in predicting life chances across different policy contexts. She has published related works in Social Forces, Research in Social Stratification and Mobility, International Migration Review, Journal of International Affairs, and other outlets.

 

This event was co-sponsored with GW Women in Economics.

GW Women in Economics seeks to increase women’s representation and support women’s participation in economics, at GWU and in the broader profession. The organization seeks to address the demonstrated lack of representation of women in the field of economics, beginning at the pipeline by fostering interest among students, increase visibility of women pursuing economic degrees, providing professional networking opportunities that promote the advancement of women in the professions, and to create a forum in which issues of common interest can be explored.

Multidimensional Poverty in the U.S.

Friday, December 11th, 2020
11:00 a.m. – 12:30 p.m. EST
WebEx

This event was the tenth webinar of the “Facing Inequality” series, hosted by the Institute for International Economic Policy. This virtual series focuses on current and emerging inequality issues in the U.S. and around the globe – especially those revealed by the current COVID-19 pandemic. It brings together historians, economists, sociologists, political scientists, and epidemiologists, within the academy and without, to present work and discuss ideas that can facilitate new interdisciplinary approaches to the problem of inequality. This is a platform for dialogue and debate. We invite you to engage with us in this series of important discussions.

The “Facing Inequality” series is organized under the stewardship of IIEP Director James Foster, Oliver T. Carr, Jr. Professor of International Affairs and Professor of Economics, and IIEP Faculty Affiliate Trevor Jackson, Assistant Professor of History. The series is co-sponsored by the GW Interdisciplinary Inequality Series, co-organized by Prof. Jackson from the Department of History and Prof. Bryan Stuart from the Department of Economics.

There is no doubt that poverty and wellbeing are multidimensional concepts that go well beyond monetary values. The UN, the World Bank, and dozens of countries around the world have developed their own multidimensional measures of poverty and deprivation to reflect this reality, guide policy, and monitor progress. Could this transformative approach be relevant for the US, whose official monetary poverty measure was developed over 50 years ago? This webinar brought key researchers together to answer this question with the help of the latest research on multidimensional poverty in the US and Europe.

In this event Brian Glassman began with a discussion of his new paper, “The Census Multidimensional Deprivation Index: Revised and Updated,” which analyzes the Multidimensional Deprivation Index, released by the Census Bureau. Shatakshee Dhongde discussed her new paper, “Decade-Long View of Multidimensional Poverty in the United States,” which provides a comprehensive analysis of trends in multidimensional poverty in the United States. Lastly, Sabina Alkire presented her new paper “Chronic Multidimensional Poverty in Europe,” which develops contrasting measures for advanced economies, and applies them to the case of Europe.

This event was co-sponsored by the Oxford Poverty and Human Development Initiative and the Institute for International Economic Policy at GWU.

About the Speakers: 

Picture of Brian GlassmanBrian Glassman is an Economist in the Poverty Statistics Branch of the Social, Economic and Housing Statistics Division at the U.S. Census Bureau. Dr. Glassman has a Ph.D. in Economics from Temple University and a Masters in Public Policy from the College of William and Mary, and his areas of interest include urban economics, labor economics, and poverty and income inequality.

 

 

Picture of Shatakshee DhongdeShatakshee Dhongde is an Associate Professor of Economics and a Provost Teaching-Learning Fellow at Georgia Tech. She obtained her Ph.D. from the University of California, Riverside. She is also a research affiliate with the Institute of Research on Poverty at the University of Wisconsin, Madison. Her research has focused on analyzing economic growth, inequality, poverty and multidimensional deprivation. She was awarded the Nancy and Richard Ruggles Prize for young researchers by the International Association of Review of Income and Wealth (IARIW). Her work has been published in several leading economics journals. Her research on measuring deprivation in the U.S. has been highlighted in national media, including NPR. She is the recipient of multiple teaching awards at Georgia Tech.

Picture of Sabina AlkireSabina Alkire directs the Oxford Poverty and Human Development Initiative (OPHI). She is the Associate Professor of Development Studies in the Oxford Department of International Development at the University of Oxford. Her research interests include multidimensional poverty measurement and analysis, welfare economics, the capability approach, the measurement of freedoms and human development. From 2015–16, Sabina was Oliver T Carr Professor of International Affairs and Professor of Economics at George Washington University. Previously, she worked at the Global Equity Initiative at Harvard University, the Human Security Commission, and the World Bank’s Poverty and Culture Learning and Research Initiative. She holds a DPhil in Economics from the University of Oxford.

About the Discussants: 

Picture of James E. FosterJames E. Foster is the Oliver T. Carr, Jr. Professor of International Affairs, Professor of Economics, and Co-Director of the Institute for International Economic Policy at the George Washington University. He is also a Research Associate at the Oxford Poverty and Human Development Initiative at Oxford University. Professor Foster’s research focuses on welfare economics — using economic tools to evaluate and enhance the wellbeing of people. His work underlies many well-known social indices including the global Multidimensional Poverty Index (MPI) published annually by the UNDP in the Human Development Report, dozens of national MPIs used to guide domestic policy against poverty, the Women’s Empowerment in Agriculture Index (WEAI) at USAID, the Gross National Happiness Index of Bhutan, the Better Jobs Index of the InterAmerican Development Bank, and the Statistical Performance Index of the World Bank. Prof. Foster received his PhD in Economics from Cornell University and has a Doctorate Honoris Causa from Universidad Autonoma del Estado Hidalgo (Mexico).

 
Picture of Sophie MitraSophie Mitra is a professor of economics and founding director of the Research Consortium on Disability at Fordham University in New York City. She has studied the economic impact of disability and mental illness, the effects of social protection programs, multidimensional poverty, the association between disability and poverty, and the definition of disability. Sophie Mitra has held visiting positions at Columbia University and the École des Hautes Études en Sciences Sociales (School of Advanced Studies in the Social Sciences). She received her doctorate in economics from Université Paris 1 Panthéon-Sorbonne.
 
 
About the Moderator: 
Picture of Marianne BitlerMarianne Bitler has a BS in Mathematics from Penn State and a PhD in economics from MIT. She is a professor in the UC Davis Department of Economic and a Research Associate at the National Bureau of Economic Research. Professor Bitler’s research focuses on the effects of government safety net programs on disadvantaged groups, economic demography, health economics, public economics, and the economics of education, with a particular focus on food assistance programs. Before coming to UC Davis, she was a professor of economics at UC Irvine. She recently served as the chair of a National Academy of Sciences CNSTAT Panel on Improving Consumer Data for Food and Nutrition Policy Research for the Economic Research Service, USDA and she is a co-editor of the American Journal of Health Economics
 
About our Partners – OPHI
 
The Oxford Poverty and Human Development Initiative (OPHI) is an economic research and policy centre within the Oxford Department of International Development at the University of Oxford. Established in 2007, the centre is led by Sabina Alkire. OPHI aims to build and advance a more systematic methodological and economic framework for reducing multidimensional poverty, grounded in people’s experiences and values. OPHI works towards this through theoretical and applied research on multidimensional poverty, teaching and training activities, and supporting countries designing official national poverty statistics. OPHI’s work is grounded in Amartya Sen’s capability approach, and seeks to advance this approach by creating rigorous yet practical tools that inform policies to reduce poverty.

Each year, with the United Nations Development Programme, OPHI publishes the global Multidimensional Poverty Index (MPI), an international measure of acute multidimensional poverty covering over 100 developing countries. As the secretariat of a South-South multidimensional poverty peer network of policy actors and statisticians, OPHI organises side-events at the UN General Assembly and Statistics Commission, and publishes a magazineDimensions featuring policy applications. OPHI also publishes a Working Paper series, an informal Research in Progress series, a Policy and Research Briefings series, a global MPI Methodological Notes series. OPHI and MPPN websites also feature national MPI reports, some special publications such as poverty reports co-authored by OPHI, and a newsletter.

Immunocapital: Disease, Power, and Inequality in the Antebellum Cotton Kingdom

Monday, October 26, 2020
12:30 pm – 2:00 pm EDT
WebEx

We were pleased to invite you to a new webinar series, “Facing Inequality”, hosted by the Institute for International Economic Policy. This virtual series focused on current and emerging inequality issues in the U.S. and around the globe. The series brought attention to aspects of inequality being made increasingly relevant by the current COVID-19 pandemic and associated crises. The series was organized under the stewardship of IIEP Director James Foster, Oliver T. Carr, Jr. Professor of International Affairs and Professor of Economics, and IIEP Faculty Affiliate Trevor Jackson, Assistant Professor of History. The series was co-sponsored by the GW Interdisciplinary Inequality Series, co-organized by Prof. Jackson from the Department of History and Prof. Bryan Stuart from the Department of Economics.

This was the ninth event in the facing inequality series. Our distinguished guest was Dr. Kathryn Olivarius. Based on Olivarius’s current book project, this talk discussed the impact of yellow fever in New Orleans in the antebellum period and how disease and immunity became agents of inequality. Yellow fever killed upwards of eight percent of antebellum New Orleans’ population each summer. It was terrifying: there was do cure, no inoculation, no conclusive evidence of disease transmission, and no satisfactory proof for why it killed some while leaving others symptomatic. It was, moreover, a sudden and horrible way to die, with victims famously vomiting up thick black vomit at the end of their illness. About half of all nineteenth-century victims died; the other half became “acclimated” or immune for life. The Cotton Kingdom was a slave society where whites dominated free people of color and enslaved people through legally sanctioned violence. But another invisible hierarchy came to co-mingle with the racial order; white “acclimated citizens” stood atop the social pyramid, followed by white “unacclimated strangers,” followed by everyone else. Here, the acclimated wielded their immunity at every turn, making epidemiological discrimination a major form of bias in this already unequal society.

Agenda:

12:30 p.m. – Welcome Remarks by IIEP Director James Foster and Facing Inequality co-organizer Prof. Trevor Jackson
12:35 p.m. – Introductory Remarks and Setting the Stage by Dayna Matthew, GW Law School Dean
12:50 p.m. – “Immunocapital: Disease, Power, and Inequality in the Antebellum Cotton Kingdom” by Kathryn Olivarius, Stanford University
1:30 p.m. – Discussant Remarks by Martin Saavedra, Oberlin College
1:40 p.m. – Response by Kathryn Olivarius
1:45 p.m. – Audience Q&A moderated by IIEP Director James Foster
2:00 p.m. – Event Conclusion

About the Speakers:

Picture of Kathryn Olivarius, Featured speakerKathryn Olivarius is an Assistant Professor of History at Stanford University, where she has taught since 2017. Her research and teaching focus on slavery’s rise and fall in the American South and the wider Atlantic World, disease in the nineteenth century, the history of race and ethnicity, and the social upheaval of the Age of Revolutions. Last year, she was awarded Stanford’s Phi Beta Kappa teaching prize for undergraduate teaching. Before moving to California, she was a Past and Present postdoctoral fellow at the Institute for Historical Research in London. Her book entitled Necropolis: Disease, Power, and Capitalism in the Cotton Kingdom will be published by Harvard University Press in Fall 2021. Her article “Immunity, Power, and Belonging in Antebellum New Orleans,” was published by the American Historical Review last year.

About the Discussant:

Picture of Martin SaavedraMartin Saavedra is an Associate Professor of Economics at Oberlin College and earned his PhD in Economics from the    University of Pittsburgh in 2014. He primarily works in the fields of economic history, health economics, and labor economics, and his research focuses on the economics of infectious disease, infant health, and the WW2 internment of Japanese Americans. His work has been published in the Journal of Economic History, Explorations in Economic History, the Journal of Economic Literature, among others.

 

About GW Law School Dean Danya Bowen Matthew:

Picture of Dayna Matthew, Dean of GW Law SchoolDayna Bowen Matthew, JD, PhD, is the Dean and Harold H. Greene Professor of Law at the George Washington University Law School. Dean Matthew is a leader in public health and civil rights law who focuses on racial disparities in health care. She joined the UVA Law faculty in 2017 and is the author of the book Just Medicine: A Cure for Racial Inequality in American Health Care. At UVA, she served as Co-Founder and Inaugural Director of The Equity Center, a transdisciplinary research center that seeks to build better relationships between UVA and the Charlottesville community through community-engaged scholarship that tangibly redresses racial and socioeconomic inequality.

Dean Matthew previously served on the University of Colorado law faculty as a Professor, Vice Dean, and Associate Dean of Academic Affairs. She was a member of the Center for Bioethics and Humanities on the Anschutz Medical Campus. Dean Matthew held a joint appointment at the Colorado School of Public Health. In 2013, she co-founded the Colorado Health Equity Project, a medical-legal partnership incubator aimed at removing barriers to good health for low-income clients by providing legal representation, research, and policy advocacy. In 2015, she served as the Senior Adviser to the Director of the Office of Civil Rights for the US Environmental Protection Agency, where she expedited cases on behalf of historically vulnerable communities besieged by pollution. She then became a member of the health policy team for US Senator Debbie Stabenow of Michigan and worked on public health issues. During 2015-16, she was a Robert Wood Johnson Foundation Health Policy Fellow in Residence in Washington, DC, and pivoted her work toward population-level clients.

Short and long-run distributional impacts of COVID-19 in Latin America

Monday, October 12, 2020
12:30 pm – 2:00 pm EDT
WebEx

“Facing Inequality” is a webinar series hosted by the Institute for International Economic Policy. This virtual series focuses on current and emerging inequality issues in the U.S. and around the globe. The series brings attention to aspects of inequality being made increasingly relevant by the current COVID-19 pandemic and associated crises. It is organized under the stewardship of IIEP Director James Foster, Oliver T. Carr, Jr. Professor of International Affairs and Professor of Economics, and IIEP Faculty Affiliate Trevor Jackson, Assistant Professor of History. The series is co-sponsored by the GW Interdisciplinary Inequality Series, co-organized by Prof. Jackson from the Department of History and Prof. Bryan Stuart from the Department of Economics.

This was the eighth event in the facing inequality series. Our distinguished speakers, Nora Lustig and Guido Neidhöfer discussed their paper, “Short and long-run distributional impacts of COVID-19 in Latin America ” (Lustig, Neidhöfer and Tommasi). They simulate the short- and long-term distributional consequences of COVID-19 in Argentina, Brazil, Colombia and Mexico. They show that the short-term impact on income inequality and poverty can be very significant but that additional spending on social assistance has a large offsetting effect in Brazil and Argentina. The effect is much smaller in Colombia and nil in Mexico, where there has been no such expansion. To project the long-term consequences, they estimate the impact of the pandemic on human capital and its intergenerational persistence. Hereby, they use information on school lockdowns, educational mitigation policies, and account for educational losses related to parental job loss. Their findings show that in all four countries the impact is strongly asymmetric and affects particularly the human capital of the most vulnerable. Consequently, educational inequality and inequality of opportunity are expected to increase substantially, in spite of the mitigation policies.

 

About the Speakers:

Picture of Panelist Nora Lustig Nora Lustig is Samuel Z. Stone Professor of Latin American Economics and the founding Director of the Commitment to    Equity Institute (CEQ) at Tulane University. She is also a Nonresident Senior Fellow at the Brookings Institution, the  Center for Global Development and the Inter-American Dialogue. Professor Lustig’s research focuses on economic development, inequality and social policies with emphasis on Latin America. Her recent publication Commitment to Equity Handbook: Estimating the Impact of Fiscal Policy on Inequality and Poverty is a step-by-step guide to assessing the impact of taxation and social spending on inequality and poverty in developing countries. Prof. Lustig is a founding member and President Emeritus of the Latin American and Caribbean Economic Association (LACEA) and was a co-director of the World Bank’s World Development Report 2000, Attacking Poverty. She serves on the editorial board of the Journal of Economic Inequality and is a member of the Society for the Study of Economic Inequality’s Executive Council. Prof. Lustig served on the Atkinson Commission on Poverty, the High-level Group on Measuring Economic Performance and Social Progress, and the G20 Eminent Persons Group on Global Financial Governance. She received her doctorate in Economics from the University of California, Berkeley.

Picture of Panelist Guido Neidhöfer Guido Neidhöfer is an advanced researcher in the Labor Markets and Human Resources department at ZEW Mannheim, Germany, as well as a fellow at the College for Interdisciplinary Educational Research (CIDER), visiting scholar at the Center for Distributive, Labor and Social Studies (CEDLAS) of the National University of La Plata, and an associated researcher of the Centro de Estudios para el Desarrollo Humano (CEDH) of the Universidad de San Andres in Argentina. His research focuses on the causes and consequences of economic inequality, social mobility, education and migration.

 

About the Discussants:

Picture of Professor Stephen. B. Kaplan Stephen B. Kaplan is an Associate Professor of Political Science and International Affairs. Professor Kaplan’s research and teaching interests focus on the frontiers of international and comparative political economy, where he specializes in the political economy of global finance and development, the rise of China in the Western Hemisphere, and Latin American politics.

Professor Kaplan joined the GWU faculty in the fall of 2010 after completing a postdoctoral research fellowship at the Niehaus Center for Globalization and Governance at Princeton University and his Ph.D at Yale University. While at Yale, Kaplan also worked as a researcher for former Mexican President Ernesto Zedillo at the Yale Center for the Study of Globalization. Prior to his doctoral studies, Professor Kaplan was a senior economic analyst at the Federal Reserve Bank of New York, writing extensively on developing country economics, global financial market developments, and emerging market crises from 1998 to 2003.

Picture of Michael Wolfson Dr. Michael C. Wolfson received his B.Sc with honours from University of Toronto jointly in mathematics, computer science and economics in 1971, and then a Ph.D. from Cambridge in economics in 1977.  He retired as Assistant Chief      Statistician, Analysis and Development (which included the Health Statistics program and the central R&D function) at Statistics Canada in 2009.  He was awarded a Canada Research Chair in Population Health Modeling in the Faculty of      Medicine at the University of Ottawa for 2010-2017.  Prior to joining Statistics Canada, he held increasingly senior positions in the Treasury Board Secretariat, the Department of Finance, the Privy Council Office, the House of Commons, and the Deputy Prime Minister’s Office.  While a senior public servant, he was also a founding Fellow of the Canadian Institute for Advanced Research Program in Population Health (1988-2003). He is a Fellow of the Canadian Academy of Health Sciences, an elected member of the International Statistical Institute, and a member of the recently created Canadian Statistics Advisory Council.

Are Informal Workers Benefiting from Globalization? Evidence from a Survey Experiment in India

Tuesday, August 4, 2020
12:30 pm – 2:00 pm EDT
WebEx

We were pleased to invite you to the webinar series “Facing Inequality”, hosted by the Institute for International Economic Policy. This virtual series focuses on current and emerging inequality issues in the U.S. and around the globe. The series brings attention to aspects of inequality being made increasingly relevant by the current COVID-19 pandemic and associated crises. The series is organized under the stewardship of IIEP Director James Foster, Oliver T. Carr, Jr. Professor of International Affairs and Professor of Economics, and IIEP Faculty Affiliate Trevor Jackson, Assistant Professor of History. The series is co-sponsored by the GW Interdisciplinary Inequality Series, co-organized by Prof. Jackson from the Department of History and Prof. Bryan Stuart from the Department of Economics.

The seventh event, “Are Informal Workers Benefiting from Globalization? Evidence from a Survey Experiment in India” featured Dr. Nita Rudra of Georgetown University. The discussion focused on the following: Are citizens in the developing world convinced about the benefits of globalization? By leveraging their comparative advantage in low labor costs, economists predict once-poor citizens will be better off with open markets. Yet, surprisingly little rigorous research exists on if and how workers in developing countries actually experience the benefits of increasing trade and foreign direct investment (FDI), particularly in an era of rapidly expanding global supply chains. To answer this question, we focused on the largest cluster of low-wage laborers in developing countries, informal workers, and their experience with FDI. Using observational and experimental methods, we find that both formal and informal workers in India strongly approve of foreign investment. However, the latter are deeply skeptical that the benefits of FDI will ever trickle down to themselves or their future generations. India’s much smaller population of formal workers, by contrast, are confident that they have privileged access to coveted jobs in foreign firms – regardless of skill level- and social mobility prospects will improve. These findings provide new insights on (macro and micro-level) drivers of growing global inequalities, and call for caution amongst scholars, policymakers, the international business community, and all those who anticipate that globalization is lifting all boats.

About the Moderator:

Picture of James FosterJames Foster is the Oliver T. Carr, Jr. Professor of International Affairs, Professor of Economics, and Co-Director of the Institute for International Economic Policy at the George Washington University. He is also a Research Associate at the Oxford Poverty and Human Development Initiative at Oxford University. Professor Foster’s research focuses on welfare economics — using economic tools to evaluate and enhance the wellbeing of people. His work underlies many well-known social indices including the global Multidimensional Poverty Index (MPI) published annually by the UNDP in the Human Development Report, dozens of national MPIs used to guide domestic policy against poverty, the Women’s Empowerment in Agriculture Index (WEAI) at USAID, the Gross National Happiness Index of Bhutan, the Better Jobs Index of the InterAmerican Development Bank, and the Statistical Performance Index of the World Bank. Prof. Foster received his PhD in Economics from Cornell University and has a Doctorate Honoris Causa from Universidad Autónoma del Estado Hidalgo (Mexico).

About the Speaker:

Nita Rudra is a Professor of Government at Georgetown University. Her research interests include: the distributional impacts of trade and financial liberalization as they are mediated by politics and institutions; the influence of international organizations on policies in developing economies; the politics of trade agreements involving developing economies, and the causes and effects of democracy in globalizing developing nations. Her most critical works appear in the British Journal of Political Science, World Politics, Journal of Politics, American Journal of Political Science, Comparative Political Studies, International Organization and International Studies Quarterly . Her most recent book with Cambridge University Press is entitled: Democracies in Peril: Taxation and Redistribution in Globalizing Economies. Her current projects analyze how and why widespread poverty persists in rapidly globalizing economies, the politics supporting/resisting changes to the informal sector, the anti-globalization backlash, and the politics of trade and trade agreements.

About the Discussants: 

Picture of Maggie ChenMaggie Chen is Professor of Economics and International Affairs at George Washington University. She has served as Director of GW’s Institute for International Economic Policy and worked as an economist in the research department of the World Bank and a consultant for the World Bank, the International Finance Corporation, the Inter-American Development Bank, and the U.S. Congressional Budget Office. Professor Chen’s research areas include multinational firms, international trade, and regional trade agreements. Her work has been published in academic journals such as the Review of Economics and Statistics, American Economic Journal: Applied Economics, American Economic Journal: Economic Policy, Journal of International Economics, and Journal of Development Economics. She is a co-editor of Economic Inquiry and an associate editor of Economic Modeling.

 

Picture of Deepa OllapallyDeepa Ollapally is a political scientist specializing in Indian foreign policy, India-China relations, and Asian regional and maritime security. She is Research Professor of International Affairs and the Associate Director of the Sigur Center. She also directs the Rising Powers Initiative, a major research program that tracks and analyzes foreign policy debates in aspiring powers of Asia and Eurasia. Dr. Ollapally is currently working on a funded book, Big Power Competition for Influence in the Indian Ocean Region, which assesses the shifting patterns of geopolitical influence by major powers in the region since 2005 and the drivers of these changes. She is the author of five books including Worldviews of Aspiring Powers (Oxford, 2012) and The Politics of Extremism in South Asia (Cambridge, 2008). Her most recent books are two edited volumes, Energy Security in Asia and Eurasia (Routledge, 2017), and Nuclear Debates in Asia: The Role of Geopolitics and Domestic Processes (Rowman & Littlefield, 2016). Dr. Ollapally has received grants from the Carnegie Corporation, MacArthur Foundation, Smith Richardson Foundation, Ford Foundation, the Rockefeller Foundation, and the Asia Foundation for projects related to India and Asia. Previously, she was Associate Professor at Swarthmore College and has been a Visiting Professor at Kings College, London and at Columbia University. Dr. Ollapally also held senior positions in the policy world including the US Institute of Peace, Washington DC and the National Institute of Advanced Studies, Bangalore, India. She is a frequent commentator in the media, including appearances on CNN, BBC, CBS, Diane Rehm Show and Reuters TV. She holds a Ph.D. in Political Science from Columbia University.

Central Banking in the Age of Inequality

Tuesday, July 28, 2020
12:30 pm – 2:00 pm EDT
WebEx

Dr. Benjamin Braun of the Institute for Advanced Study

We are pleased to invite you to a new webinar series, “Facing Inequality”, hosted by the Institute for International Economic Policy. This virtual series will focus on current and emerging inequality issues in the U.S. and around the globe. The series will bring attention to aspects of inequality being made increasingly relevant by the current COVID-19 pandemic and associated crises.

The series is organized under the stewardship of the following IIEP Director James Foster, Oliver T. Carr, Jr. Professor of International Affairs and Professor of Economics, IIEP Faculty Affiliate and Assistant Professor of History Trevor Jackson and Aditi Sahasrabudde, PhD Candidate in the Department of Government at Cornell University. The series is co-sponsored by the GW Interdisciplinary Inequality Series, co-organized by Prof. Jackson from the Department of History and Prof. Bryan Stuart from the Department of Economics.

The sixth event, “Central Banking in the Age of Inequality,” will feature Dr. Benjamin Braun of the Institute for Advanced Study. Monetary policy during the so-called Great Moderation was defined by the trinity of price stability as the primary goal; central bank independence as the institutional arrangement; and short-term open market operations as the central bank’s sole instrument. The distributional consequences of monetary policy were considered negligible, and inequality was not a concern for central bankers. After more than a decade of ever-expanding central bank interventions and balance sheets, this narrow conception of monetary policy looks unlikely to return anytime soon. Focusing primarily on the European Central Bank, this talk will examine the political economy of central bank actions beyond conventional open market operations. This includes large-scale asset purchases as well as central bank forays into regulatory policy-making, notably in the areas of financial and labor market policies. The unequal distributional consequences of these actions raise important questions about central bank mandates, independence, and democratic accountability.

Aditi Sahasrabudde, PhD Candidate in the Department of Government at Cornell University (discussant) 

Trevor Jackson, IIEP Faculty Affiliate and Assistant Professor of History (discussant) 

How Should We Measure Multidimensional Inequality? A Philosopher’s Approach (with COVID applications)

Tuesday, July 14, 2020
12:30 pm – 2:00 pm EDT
WebEx

We are pleased to invite you to a new webinar series, “Facing Inequality”, hosted by the Institute for International Economic Policy. This virtual series will focus on current and emerging inequality issues in the U.S. and around the globe. The series will bring attention to aspects of inequality being made increasingly relevant by the current COVID-19 pandemic and associated crises. The series is organized under the stewardship of IIEP Director James Foster, Oliver T. Carr, Jr. Professor of International Affairs and Professor of Economics, and IIEP Faculty Affiliate Trevor Jackson, Assistant Professor of History. The series is co-sponsored by the GW Interdisciplinary Inequality Series, co-organized by Prof. Jackson from the Department of History and Prof. Bryan Stuart from the Department of Economics.

The fifth event, “How Should We Measure Multidimensional Inequality? A Philosopher’s Approach (with COVID applications)” will feature Dr. Kristi Olson of Bowdoin College. The discussion will focus on the following: When we measure multidimensional inequality, we must decide how much weight to give each dimension. The simple approach—giving each dimension equal weight—is almost certainly wrong, but what are the alternatives? This paper critiques some of the familiar approaches: subjective utility and the envy test. It then introduces a new approach. We take as the equal baseline those bundles that could be cooperatively distributed if everyone were free to choose from among all bundles. Using these bundles as the baseline, we can measure the extent of deviation from equality. The approach can be used to evaluate inequalities in, for example, the distribution of COVID risk and income.

 

About the Speakers:

Kristi Olson

Kristi A. Olson is an assistant professor of philosophy at Bowdoin College where she works on issues of distributive justice. She received her Ph.D. from Harvard University under the supervision of Thomas Scanlon, Frances Kamm, and Amartya Sen. Her research has been published in such journals as Philosophy & Public Affairs, the Canadian Journal of Philosophy, and Politics, Philosophy & Economics. Prior to pursuing her Ph.D., she worked as a public interest lawyer.

 

Discussants 
Luis Felipe López-Calva, Regional Director for Latin America and the Caribbean, United Nations Development Programme
Jeffrey Brand, Associate Professor of Philosophy, the George Washington University

Imperfect Competition on the Cathedral Floor: Labourers in London 1672 to 1748

Tuesday, June 30, 2020
12:30 pm – 2:00 pm EDT
WebEx

We are pleased to invite you to a new webinar series, “Facing Inequality”, hosted by the Institute for International Economic Policy. This virtual series will focus on current and emerging inequality issues in the U.S. and around the globe. The series will bring attention to aspects of inequality being made increasingly relevant by the current COVID-19 pandemic and associated crises. The series is organized under the stewardship of IIEP Director James Foster, Oliver T. Carr, Jr. Professor of International Affairs and Professor of Economics, and IIEP Faculty Affiliate Trevor Jackson, Assistant Professor of History. The series is co-sponsored by the GW Interdisciplinary Inequality Series, co-organized by Prof. Jackson from the Department of History and Prof. Bryan Stuart from the Department of Economics.

The fourth event, “Imperfect Competition on the Cathedral Floor: Labourers in London 1672-1748” will feature Judy Stephenson and Patrick Wallis. In their paper, they present a new data set for the late seventeenth and early eighteenth century to explore the operation of the market for unskilled construction workers, the reference occupation for long run urban wage series, at one major building site in London. They find patterns of work distribution and pay which indicate characteristics of imperfect competition, most notably high worker and job flows alongside remarkable nominal wage rigidity, and evidence of an internal labour market alongside a much shorter and more fragile working year than has been previously found. The results suggest that wages, or labour’s share of income, may resist response to changes in productivity and labour supply and demand even in the long run, and highlight that labour markets created inequalities of experience, income and returns to work before modern institutions and firms. Professor Bryan Stuart will be a discussant.

About the Speakers:

Judy Stephenson

Judy Stephenson is a Professor of Construction Economics and Finance, and Economic History; a Fellow of the Higher Education Academy; and a Departmental Tutor and Director of Teaching & Learning at Bartlett CPM. She is an economic historian of early modern London, its construction industry and associated markets. She researches construction, labour markets, institutions, firms, finance and industries in London between about 1600 and 1850 and is known for her work on London and English wages between 1650 and 1800. She has published on contracts and wages, and the boundaries of the firm before 1800.

Patrick Wallis

Patrick Wallis is a Professor of Economic History at the London School of Economics. His research explores the economic, social and medical history of Britain and Europe from the sixteenth to the eighteenth century. His two main interests are in apprenticeship and human capital and the transformation of healthcare in early modern England. He has recently published two publications, including Access to the Trade: Monopoly and Mobility in European Craft Guilds in the Seventeenth and Eighteenth Centuries in the Journal of Social History and Apprenticeship in Early Modern Europe (Cambridge University Press; November 2019).

About the Discussants:

Bryan Stuart is an Assistant Professor in the Department of Economics. He received his Ph.D. in Economics from the University of Michigan in 2017 and joined George Washington University in August 2017. His research interests include labor, public, and urban economics. Recent and current projects examine the effects of recessions on individuals and local areas, the effects of government policies on labor market outcomes, and the determinants and consequences of household location decisions.

Barry Chiswick is a Professor of Economics and International Affairs. He received his Ph.D. in Economics with Distinction from Columbia University and joined George Washington University in 2011. He has held permanent and visiting appointments at UCLA, Columbia University, Stanford University, Princeton University, University of Chicago, City University (New York), Hebrew University (Jerusalem), Tel Aviv University, the University of Haifa, and Ben-Gurion University. From 1973 to 1977, he was Senior Staff Economist on the President’s Council of Economic Advisers. In addition, he served as chairman of the American Statistical Association Census Advisory Committee and past president of the European Society for Population Economics. He is currently Associate Editor of the Journal of Population Economics and Research in Economics of the Household and is on the editorial boards of four other academic journals. Since 2004, he has been the Program Director for Migration Studies at the Institute for the Study of Labor in Bonn, Germany. 

Just Governance: Lessons on Climate Change Justice from People in Poverty

Tuesday, June 16, 2020
12:30 pm – 2:00 pm EDT
WebEx

We are pleased to invite you to the third webinar of the “Facing Inequality” series, hosted by the Institute for International Economic Policy. This virtual series focuses on current and emerging inequality issues in the U.S. and around the globe – especially those revealed by the current COVID-19 pandemic. It brings together historians, economists, sociologists, political scientists, and epidemiologists, within the academy and without, to present work and discuss ideas that can facilitate new interdisciplinary approaches to the problem of inequality. This is a platform for dialogue and debate. We invite you to engage with us in this series of important discussions.

The “Facing Inequality” series is organized under the stewardship of IIEP Director James Foster, Oliver T. Carr, Jr. Professor of International Affairs and Professor of Economics, and IIEP Faculty Affiliate Trevor Jackson, Assistant Professor of History. The series is co-sponsored by the GW Interdisciplinary Inequality Series, co-organized by Prof. Jackson from the Department of History and Prof. Bryan Stuart from the Department of Economics. 

 
The third event, “Just Governance: Lessons on Climate Change Justice from People in Poverty”, focuses on issues of climate change and inequality. Specifically, the discussion will prompt attendees to ask, as our world faces catastrophic climate change and related global injustice and oppression, what can those living in the poorest communities most vulnerable to its effects teach us about its causes? Drawing on interdisciplinary and collaborative research in southwestern Bangladesh, this talk shifts the paradigm of responsibility for climate change from the familiar terrain set out by law, economics, and moral philosophy focused on ‘commons’ problems and distributive inequalities to one centered on the lived experience of climate change. Those living with environmental degradation that is exacerbating with climate change and that foreshadows the effects of climate change elsewhere offer clarifying insight into the kinds of normative problems that climate change raises for both justice and governance. Relying on community fabric worn thin by the legacies of colonialism, foreign aid experiments, and exploitable social hierarchies, these communities’ experiences and reflections have implications for how political theorists and policy-influencers, especially large global philanthropists and investors, do and should attend to justice and governance in their work for climate change mitigation, adaptation, and survival.

The climate change crisis reveals the full gamut of humanity’s failure to govern itself in ways that do not exploit nature and humans. This talk identifies what those in poverty most urgently facing the consequences of this failure can teach those must urgently trying to address it. Richly informed by ethnographies, surveys, interviews, and project assessments in 26 communities of those most effected by climate change, the talk will point toward new normative approaches to climate justice and provide a refreshed ethical map to political efficacy.

About the Speaker:

Brooke Ackerly is a Professor of Political Science, Philosophy, and Law, and Affiliated Faculty in Women’s and Gender Studies at Vanderbilt University and co-Editor-in-Chief of the International Feminist Journal of Politics (2018-2021)In her research, teaching, and collaborations, she works to clarify without simplifying the most pressing problems of global justice, including human rights and climate change. Using feminist methodologies, she integrates into her theoretical work empirical research on activism and the experiences of those affected by injustice (Grounded Normative Theory). See Political Theory and Feminist Social Criticism (Cambridge 2000), Universal Human Rights in a World of Difference (Cambridge 2008), Doing Feminist Research with Jacqui True (Palgrave Macmillan 2010, second edition forthcoming), and most recently, Just Responsibility: A Human Rights Theory of Global Justice (Oxford University Press 2018), which won the APSA Victoria Schuck Award for the best book on women and politics.

She is currently working on the intersection of global economic, environmental, and gender justice in their material and epistemic dimensions. She teaches courses on justice, ethics and public policy, feminist theory, feminist research methods, human rights, contemporary political thought, and gender and the history of political thought. She is the winner of the Vanderbilt College of Arts and Science Graduate Teaching Award and the Margaret Cuninggim Mentoring Prize. She is the founder of the Global Feminisms Collaborative, a group of scholars and activists developing ways to collaborate on applied research for social justice. She advises academics and donors on evaluation, methodology, and the ethics of research. She serves the profession through committees in her professional associations including the American Political Science Association (APSA), International Studies Association (ISA), and the European Consortium on Politics and Gender (ECPG). She currently serves on the APSA Committee for the Status of Women in the Profession. She has been a member of the editorial board for Politics and Gender (Journal of the APSA, Women and Politics Section) and is currently a member of the editorial boards of the Political Research QuarterlyJournal of Politics, and Politics, Gender and Identities.

Will Covid-19 Raise Inequality? Evidence from Past Epidemics and Crises

Tuesday, May 26, 2020
12:30 pm – 2:00 pm EDT
WebEx

We are pleased to invite you to the second webinar of the “Facing Inequality” series, hosted by the Institute for International Economic Policy. This virtual series focuses on current and emerging inequality issues in the U.S. and around the globe – especially those revealed by the current COVID-19 pandemic. It brings together historians, economists, sociologists, political scientists, and epidemiologists, within the academy and without, to present work and discuss ideas that can facilitate new interdisciplinary approaches to the problem of inequality. This is a platform for dialogue and debate. We invite you to engage with us in this series of important discussions.
 
The second event, “Will Covid-19 Raise Inequality? Evidence from Past Epidemics and Crises”, features Prakash Loungani and Jonathan D. Ostry. Major epidemics in this century, such as SARS and H1N1, have raised income inequality and disproportionately hurt employment prospects of people with low skills and education levels. What impacts will the COVID-19 pandemic have on inequality in the near term? And how will inequality evolve over the longer-term as governments act to mend the disruptions to globalization and unwind the build-up in their public debts? The talk will draw on the authors’ recent work (with Davide Furceri) on the distributional impacts of epidemics and their book on other drivers of inequality such as austerity and financial globalization. Discussants Lucia Rafanelli and Remi Jedwab will provide commentary from the perspectives of political science and economic history, respectively.
 
The “Facing Inequality” series is organized under the stewardship of IIEP Director James Foster, Oliver T. Carr, Jr. Professor of International Affairs and Professor of Economics, and IIEP Faculty Affiliate Trevor Jackson, Assistant Professor of History. The series is co-sponsored by the GW Interdisciplinary Inequality Series, co-organized by Prof. Jackson from the Department of History and Prof. Bryan Stuart from the Department of Economics.

About the Speakers:

Prakash Loungani is Assistant Director and Senior Personnel Manager in the IMF’s Independent Evaluation Office. He is a co-author of Confronting Inequality: How Societies Can Choose Inclusive Growth (Columbia University Press, 2019). Previously, he headed the Development Macroeconomics Division in the IMF’s Research Department and was co-chair of the IMF’s Jobs and Growth working group from 2011-15. He is an adjunct professor at Johns Hopkins University’s Carey School of Business, a member of the Research Program in Forecasting at George Washington Univeristy, and Senior Fellow at the Policy Center for the New South, a think-tank based in Rabat, Morocco.

Jonathan D. Ostry is Deputy Director of the Asia and Pacific Department at the International Monetary Fund and a Research Fellow at the Center for Economic Policy Research (CEPR). His recent responsibilities include leading staff teams on capital account management and financial globalization issues; fiscal sustainability issues; and the nexus between income inequality and economic growth. Past positions include leading the division that produces the IMF’s flagship multilateral surveillance publication, the World Economic Outlook. He is the author of a number of books on international macro policy issues and numerous articles in scholarly journals. His most recent books include Taming the Tide of Capital Flows (MIT Press, 2017) and Confronting Inequality (Columbia University Press, 2018).

With James Foster, Lucia Rafanelli, Remi Jedwab, and Trevor Jackson

Co-sponsored by the GW Inequality Series

Global Income Inequality: Current Developments and Their Political Implications

Tuesday, May 5, 2020
12:30-2:00pm
WebEx

Branko Milanovic
Visiting Presidential Professor and Stone Center Senior Scholar,
The Graduate Center, CUNY;
Centennial Professor, International Inequalities Institute, LSE

We are pleased to invite you to a new webinar series, “Facing Inequality”, hosted by the Institute for International Economic Policy. This virtual series will focus on current and emerging inequality issues in the U.S. and around the globe. The series will bring attention to aspects of inequality being made increasingly relevant by the current COVID-19 pandemic and associated crises. The series is organized under the stewardship of IIEP Director James Foster, Oliver T. Carr, Jr. Professor of International Affairs and Professor of Economics, and IIEP Faculty Affiliate Trevor Jackson, Assistant Professor of History. The series is co-sponsored by the GW Interdisciplinary Inequality Series, co-organized by Prof. Jackson from the Department of History and Prof. Bryan Stuart from the Department of Economics. The inaugural event in the series will feature Branko Milanovic.

The goal of the series is to bring together historians, economists, sociologists, political scientists, and epidemiologists, both within the academy and without, to present their work and to discuss both their ideas and methods, with the intention of working towards new interdisciplinary approaches to the problem of inequality. This is a platform for dialogue and debate, and will help cultivate a community of current and future researchers and practitioners. We invite you to engage with us in this series of important discussions.

Branko Milanovic is a visiting presidential professor at The Graduate Center, CUNY, and a senior scholar at the Stone Center on Socio-economic Inequality. He is also Centennial Professor at LSE’s International Inequalities Institute. He obtained his Ph.D. in economics (1987) from the University of Belgrade with a dissertation on income inequality in Yugoslavia. He served as lead economist in the World Bank’s Research Department for almost 20 years, leaving to write his book on global income inequality, Worlds Apart (2005). His most recent book Capitalism, Alone was published in September 2019. 

Milanovic’s main area of work is income inequality, in individual countries and globally, including in preindustrial societies. He has published articles in Economic Journal, Review of Economics and Statistics, Journal of Economic Literature, Journal of Development Economics, and Journal of Political Philosophy, among others. His book The Haves and the Have-nots (2011) was selected by The Globalist as the 2011 Book of the Year. Global Inequality (2016) was awarded the Bruno Kreisky Prize for the best political book of 2016 and the Hans Matthöfer Prize in 2018, and was translated into 16 languages. It addresses economic and political effects of globalization and introduces the concept of successive “Kuznets waves” of inequality. In March 2018, Milanovic was awarded (jointly with Mariana Mazzucato) the 2018 Leontief Prize for Advancing the Frontiers of Economic Knowledge. 

Among his other roles, Milanovic was a senior associate at the Carnegie Endowment for International Peace in Washington (2003-2005) and has held teaching appointments at the University of Maryland (2007-2013) and at the Paul H. Nitze School of Advanced International Studies at Johns Hopkins University (1997- 2007). He was a visiting scholar at All Souls College in Oxford, and Universidad Carlos III in Madrid (2010-11).

Please RSVP to receive a link to join the webinar.