🆕 Should roads and electricity infrastructure be built together? Today on VoxDev, Oliver Vanden Eynde (Paris School of Economics) & Liam Wren-Lewis discuss how roads and electricity jointly deliver greater gains in agricultural productivity in rural India: https://ow.ly/TqLz50XTjUP

Really cool work showing how increased interracial contact in childhood (in US schools) impacts long-run racial attitudes! - Whites exposed to more Black peers in school end up living in areas with more Blacks in adulthood.

📊 New research finds that fostering diversity in schools can have long-term economic and social benefits by reducing segregation and promoting integration. 👥 Co-authored: @lmerlino.bsky.social, @steinhardt.bsky.social & @liamwrenlewis.bsky.social 👉 www.sciencedirect.com/science/arti... #diversity

This is a nice paper! Explains why home exchange networks can exist in equilibrium.

Mind blown: price controls can increase supply in token economies. Why? Income effect: if you have a highly priced house on a house exchange market, you quickly get more tokens than you want to use. Lower prices incentivize the owners of the nicest houses to increase supply. #EconSky #JMP 👇

When can price controls increase supply? When the market uses token money! That’s what @juliusgoedde.bsky.social, an amazing student of mine, shows in his #EconJMP using both theory and data from a large home exchange platform. Check it out here:

Just published in the Journal of Public Economics @jpube.bsky.social "The long run impact of childhood interracial contact on residential segregation" Joint work with @liamwrenlewis.bsky.social and @lmerlino.bsky.social www.sciencedirect.com/science/arti...