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VoxTalks Economics

255 Episodes

29 minutes | Mar 24, 2023
S6 Ep9: Building a resilient vaccine supply chain
What have we learned about how to create, manufacture, and distribute a new vaccine? Can countries cooperate to create a responsive and resilient supply chain if history repeats itself, and should the WTO have a role? Chad Bown talks to Tim Phillips.
23 minutes | Mar 17, 2023
S6 Ep8: Applying economics (not gut feel) to ESG
Every CEO, investor, and NGO needs an ESG strategy, and they need it now.  But is that urgency making smart people ignore established insights from decades of economic research? Alex Edmans has identified 10 ways in which conventional ESG wisdom might be misguided, and he tells Tim Phillips what they are.
30 minutes | Mar 10, 2023
S6 Ep7: AI is reshaping economic research
We’ve reached a moment at which large language models like ChatGPT have clearly become useful, but for what exactly? Anton Korinek has discovered at least 25 ways in which economics researchers can use them today. He explains to Tim Phillips about how they are already making our research more efficient.
15 minutes | Mar 3, 2023
S6 Ep6: Powerful forces are reshaping global trade
Firms have discovered that global value chains are not as resilient as we assumed. They are reorganising these value chains and re-evaluating their approach to globalisation – but are the solutions they are considering worse than the problems themselves? Tim Phillips talks to Beata Javorcik, EBRD chief economist.
22 minutes | Feb 24, 2023
S6 Ep5: Fair pay for CEOs!
What motivates CEOs? Do they want to be fabulously rich or are they looking for a fair reward for their achievements? And, if fairness really does matter to them, how do you structure their contracts? Pierre Chaigneau talks to Tim Phillips about how to keep your CEO without rewarding failure.
16 minutes | Feb 17, 2023
S6 Ep4: Do cultural stereotypes influence bank investment?
We know that national stereotypes influence all sorts of personal decisions, but could they determine whether one country’s banks hold another country’s sovereign debt? Amazingly, Orkun Saka tells Tim Phillips, the answer might actually be yes.
15 minutes | Feb 10, 2023
S6 Ep3: Rebuilding Ukraine’s labour market
Russia’s war on Ukraine hasn’t just destroyed buildings and lives, it has put thousands of people out of work and denied thousands more an education. After the war, how can Ukraine rebuild its labour market? Tito Boeri tells Tim Phillips about how other countries and Ukrainian refugees can help to build back better.
27 minutes | Feb 3, 2023
S6 Ep2: Slavery and the industrial revolution
Did slaveholding accelerate the industrial revolution in Britain? This controversial theory was first argued by Eric Williams almost 80 years ago but has lacked strong supporting evidence – until now. Stephan Heblich and Joachim Voth talk to Tim Phillips.
29 minutes | Jan 20, 2023
S6 Ep1: Who pays for your credit card rewards?
Credit cards that offer cashback or rewards are increasingly popular. Are you doing better or worse as a result? And how big is the financial difference between all the winners and losers? Andrea Presbitero knows and the amount, he tells Tim Phillips, is bigger than you think.
14 minutes | Dec 9, 2022
S5 Ep54: Understanding US inflation
Can we explain what happened to inflation in the US in 2022, and what will happen next? Larry Ball and Daniel Leigh tell Tim Phillips why it stayed high and when it may fall.
17 minutes | Dec 2, 2022
S5 Ep53: Do content moderation laws work?
Germany’s NetzDG Law has given social media companies the responsibility for removing toxic content from their platforms. Can a law to mandate content moderation curb hate speech and, if it does, does that have an impact in the offline world? Carlo Schwarz talks to Tim Phillips.
15 minutes | Nov 25, 2022
S5 Ep52: How empires rise, and how they fall
In the industrial age many new empires quickly rose and eventually fell. Kerem Cosar and Roberto Bonfatti tell Tim Phillips how important shifting patterns of trade have been in this process. 
28 minutes | Nov 18, 2022
S5 Ep51: The great carbon arbitrage
What is the net benefit of phasing out coal and replacing it with renewables? $85 trillion, according to a new calculation. Alissa Kleinnijenhuis and Patrick Bolton tell Tim Phillips how they estimated this extraordinary number, how the benefit can be realised – and whether the negotiations at COP27 will get us there.
21 minutes | Nov 11, 2022
S5 Ep50: How does trade policy affect competition?
How does a bilateral trade agreement affect the amount of competition in both countries? New data casts doubt on the conclusions that trade economists have drawn in the past, Meredith Crowley tells Tim Phillips.
19 minutes | Nov 4, 2022
S5 Ep49: How did inflation get so high?
Ricardo Reis tells Tim Phillips why many advanced economies ended up with inflation levels that we haven’t seen for a generation. Did policymakers make mistakes, or do we need to change the entire policy framework?
23 minutes | Oct 28, 2022
S5 Ep48: Climate and debt
Mitigating and adapting to climate change is economically rational. But it is also expensive, it’s not clear how the cost should be financed, or which countries or actors assume the burden. The 25th Geneva Report from CEPR investigates these questions. Beatrice Weder di Mauro and Ugo Panizza tell Tim Phillips about the report’s conclusions.
20 minutes | Oct 21, 2022
S5 Ep47: Slowing the spread of the next epidemic
Whether it’s a return of Covid-19 or another epidemic, we now know much more about the best policies to protect economies while limiting the spread of infection from place to place. Flavio Toxvaerd tells Tim Phillips about new research on what will work next time.
22 minutes | Oct 14, 2022
S5 Ep46: How does climate change affect asset prices?
Heat stress from climate change affects the economy, so does it change the cost of issuing debt or the return on equities? Viral Acharya has investigated how this climate risk is priced, and he tells Tim Phillips how it raises the cost of borrowing most for the places and firms that can least afford it.
18 minutes | Oct 7, 2022
S5 Ep45: How social media influences the news
We know that millions of people get their news from social media, but does Twitter influence what traditional news outlets report as well? Julia Cagé tells Tim Phillips about a new study of 2 billion tweets.
17 minutes | Sep 30, 2022
S5 Ep44: Violence against women at work
When a man is violent to a woman at work, is the outcome different compared to when a man is the victim? A new study reaches some disturbing conclusions. Adams-Prassl talks to Tim Phillips.
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