Written by Lori Uildriks on May 11, 2021 Fact checked by Hannah Flynn, MS
A health worker prepares to vaccinate a person with a dose of the Sinopharm Covid-19 coronavirus vaccine at a vaccination center in Karachi, Pakistan, on May 5, 2021. ASIF HASSAN/Getty Images
A recent study examined the effect of a covert Central Intelligence Agency (CIA) vaccination campaign and subsequent Taliban anti-vaccine propaganda on child vaccination rates in Pakistan.
The study found child vaccination rates decreased 23–39% in areas with the greatest electoral support for political extremist parties versus regions with lower levels of support.
The study results highlight the potential impact of misinformation on public acceptance of vaccines, which may be relevant to improve the global uptake of COVID-19 vaccines.
Endogenous Labor Share Cycles: Theory and Evidence
Muck
2018
Will the True Labor Share Stand Up? An Applied Survey on Labor Share Measures
Muck
2015
Production technology estimates and balanced growth
León-Ledesma
The Increasing Importance Of Services Expenditures And The Dampening Effect On Global Trade
from the Chicago Fed
Globalization, particularly through international trade in goods, has helped to foster the creation of tremendous amounts of wealth and prosperity across much of the globe while lifting sizable portions of the world’s population out of poverty. In particular, the latter half of the twentieth century delivered unprecedented rates of increased economic integration among many countries. Access to global markets supported the industrialization of emerging economies and opened up new markets for firms in wealthier countries. As a result of the expansion of international trade and competition, consumers in rich and poor countries alike gained in terms of greater purchasing power, better-quality products, and more product varieties.
Monetary Policy and House Prices – How Strong is the Transmission?
The effect of changes in monetary policy interest rates on house prices has been a centre of attention in many economic and policy debates, as well as in an extensive academic literature. While the direction of the effect of a change in rates is more or less clear from both the theoretical and empirical perspective, the estimated magnitude of the effect differs from study to study, sometimes significantly. Thus, in our research paper The effect of monetary policy on house prices – how strong is the transmission? we focus on this relationship and aim to examine the true effect by means of a quantitative survey of the available literature (a meta-analysis). The aim of meta-analysis is to estimate the average effect reported in the literature, adjust it for potential publication bias and explain any differences.
Paolo Acciari, Facundo Alvaredo, Salvatore Morelli 24 April 2021
Growing wealth disparities can have corrosive effects on equality of opportunity when they crystallise over time and turn into persistent disparities across generations. This column uses newly assembled data from Italian inheritance tax records to show that the wealth share of the top 1% (half a million individuals) increased from 16% in 1995 to 22% in 2016, and the share accruing to the top 0.01% (the richest 5,000 adults) almost tripled from 1.8% to 5%. In contrast, the poorest 50% saw an 80% drop in their average net wealth over the same period. The data also reveal the growing role of inheritance and gifts inter vivos as a share of national income, as well as their increasing concentration at the top.