#PIIE - The way the music died: #Tariffs could hit musical instrument imports.

"There would be a lot fewer guitar players in the United States if the only available instruments were American-made guitars."

#economics #music #protectionism #global_trade

https://www.piie.com/blogs/realtime-economics/2024/way-music-died-tariffs-could-hit-musical-instrument-imports

“How the United States solved South Korea’s problems with electric vehicle subsidies under the Inflation Reduction Act”

New by @ChadBown #PIIE —> https://www.piie.com/publications/working-papers/how-united-states-solved-south-koreas-problems-electric-vehicle

How the United States solved South Korea’s problems with electric vehicle subsidies under the Inflation Reduction Act

South Korea felt “betrayed” when President Joseph R. Biden Jr. signed his administration’s flagship climate legislation, the Inflation Reduction Act (IRA) of 2022, into law. This paper first shows how the Biden administration addressed Korea’s concerns about the law’s effect on its sales of electric vehicles (EVs) in the United States. Thanks in part to the Treasury Department’s regulations written to implement the law, Korean exports of EVs to the United States grew even after the IRA went into force.

PIIE
Last was an important panel on how COVID-19 impacted productivity and #labor markets at the #PIIE with Florence Jaumotte and Barbara Kotschwar. Jaumotte convincingly shows that the pandemic accelerated digitalization in developing countries with positive economic effects, while Kotschwar showed how this same transformation was particularly positive for small, women-led firms https://www.youtube.com/watch?v=zZ21Ck5Sf18 (6/6) #economics
How digitalization during COVID-19 transformed productivity and labor markets

YouTube

Powerhouse @annastansbury of #MITsloan and #PIIE presents her research at EfIP on socioeconomic diversity of the econ profession.

—> https://www.piie.com/publications/working-papers/socioeconomic-diversity-economics-phds

US PhDs in #economics least likely of *any* PhD discipline to have parents who are #firstgen college grads

Socioeconomic diversity of economics PhDs

It is well documented that women and racial and ethnic minorities are underrepresented in the economics profession, relative to both the general population and many other academic disciplines. Less is known about the socioeconomic diversity of the profession. In this paper, we use data from the National Science Foundation’s Survey of Earned Doctorates to examine the socioeconomic background of US economics PhD recipients as compared with US PhD recipients in other disciplines, proxying for socioeconomic background using PhD recipients’ parents’ educational attainment.

PIIE

Just in case anyone shouldn't know them yet -- economics podcasts you just *have* to listen to:

Planet Money from NPR
https://npr.org/planetmoney
(Also subscribe to their sister podcast The Indicator!)

Trade Talks from the PIIE
https://piie.com/trade-talks

#podcast #economics #npr #piie

NPR Choice page