Category Archives: Guest Post

Researchers Ask: Does Enforcing Civility Stifle Online Debate in Social Media?

As toxic as political discourse has become, it seems almost quaint that a little over a decade ago, many social scientists were hopeful that by allowing political leaders and citizens to talk directly to one another, nascent social media platforms would improve a relationship tarnished by distrust.

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Striking a Bargain: Narrative Identification of Wage Bargaining Shocks

Workers and employers bargain over the surplus income generated by an employment relationship. This column uses information about key events in Germany relevant for wage negotiations, like labour strikes and the introduction of a minimum wage, to pinpoint changes in bargaining power between workers and employers. It finds that such wage bargaining ‘shocks’ are important drivers of unemployment and inflation and that their effect on wages is almost fully reflected in prices. Furthermore, they reduce the vacancy rate and increase firms’ profits and the labour share of income in the short run, but not in the long run.

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2:00PM Water Cooler 8/12/2022

By Lambert Strether of Corrente Bird Song of the Day White-winged Triller, Western Australia, Australia. Energetic * * * Politics “But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51 “They had learned nothing, and forgotten nothing.” –Charles Maurice de Talleyrand-Périgord “Here’s food for thought, had Ahab […]

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