Here is a figure showing the various OECD countries minimum wages as a ratio of median. Average around 60%.
But many at or above 2/3.
Then there is an outlier, the US.
๐จ New piece in @nathumbehav.nature.com:
We show that socioeconomic gaps in childcare access across the OECD are not mainly about lower demand. Many disadvantaged families want childcare but face barriers such as scarcity, costs, and complex procedures.
Main takeaway: make access easier ๐ฃ
Submit within 3 days ๐ฎ๐น๐ฎ๐น๐ฎ๐น๐ฅ๐ฅ๐ฅ
Female #students taught by same #gender professors in smaller classes are more likely to receive a top exam grade, but no such effect is found in larger classes.
@stephanmaurer.bsky.social, Guido Schwerdt & @simonwiederhold.bsky.social suggest why: Close interaction matters.
doi.org/10.3368/jhr....
Vielen Dank fรผr die spannende Diskussion bei unserem #ReStart Talk โKita ist fรผr alle da? Zwischen Wunsch & Wirklichkeit?โ mit @simonwiederhold.bsky.social!
Den Vortrag gibtโs auf unserem YouTube-Kanal: youtu.be/eqvNqmC2Hcw
@barbaraboelmann.bsky.social @unibonn.bsky.social @iwh-halle.bsky.social
YouTube video by ECONtribute: Markets & Public Policy
Price shocks are passed on to consumers when positive, but hardly passed on when negative.
Source: Goldman Sachs
My friend is teaching to his Economics Ph.D. students and explaining why they should be interested in topics that are not in their subfield.
The friend asked for statements about why learning from other fields is good. Here was my answer:
"
Five things: