Discussion Section with Kevin Murphy

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Discussion Section: Labor, Jobs, and the Modern Economy

James J. Heckman

Human capital is capital you take home with you at the end of the shift. Kevin Murphy and James Heckman discuss the spillovers into the household that human capital brings with it from the labor market, and how those shape inequality of outcomes.

May 31, 2016

Labor, Jobs, and the Modern Economy: Discussion Section with Kevin Murphy and James Heckman

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Discussion Section: Labor, Jobs, and the Modern Economy

Erik Hurst

Erik Hurst and Kevin Murphy discuss the interaction of the decline of U.S. manufacturing jobs and the collapse of the housing market, and how the two events have shaped the employment outcomes for workers in these fields.

May 31, 2016

Labor, Jobs, and the Modern Economy: Discussion Section with Kevin Murphy and Erik Hurst, Part 1

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Discussion Section: Unpacking Policy Consequences

Steven J. Davis

How does the regulatory environment shape business behavior? In this episode, Murphy talks with Steven Davis, about the volumes and volumes of federal regulatory code and how compliance with their commandments becomes a barrier to entry by new businesses.

May 6, 2016

Unpacking Policy Consequences: Discussion Section with Kevin Murphy and Steve Davis

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Discussion Section: Unpacking Policy Consequences

José A. Scheinkman

When a policy change is made, what will the new normal look like? In this episode, Murphy and José Scheinkman (Columbia University and Princeton University) talk about how economic insight into incentives and equilibrium can explain some unexpected consequences of drug policy changes in Rio de Janeiro, Brazil.

May 6, 2016

Unpacking Policy Consequences: Discussion Section with Kevin Murphy and Jose Scheinkman

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Discussion Section: Unpacking Policy Consequences

James J. Heckman

Human capital is an investment that pays dividends over lifetimes. In this episode, Murphy and James Heckman discuss the role of timing in human capital formation, and the importance of establishing a high skill base early in life to set citizens up to remain engaged and learning in the economy as they age.

May 6, 2016

Unpacking Policy Consequences: Discussion Section with Kevin Murphy and James Heckman

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