Archive for June 24th, 2014

When Fasces Aren’t Fascist: The strange history of America’s federal buildings

June 24, 2014

Superb article by Prof. Eugene Kontorovich of Northwestern University School of Law.

Didn’t know that many buildings in Washington were inspired by fasces which then became a symbol for fascism in Italy..

Revolving door between finance executives and financial regulation..who benefits and how?

June 24, 2014

A really interesting paper given the times we are in. Despite the huge criticism of finance sector, both its employees and regulators continue to remain coveted jobs.

The authors build it as inflow vs outflow kind of problem:

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Three Decades of Human Development across Indian States: Inclusive Growth or Perpetual Disparity?

June 24, 2014

Three econs look at the question in this NIPFP working paper.

They see a positive relationship between growth and human development policies across states. Though, one sees a higher coefficient in case of rural areas. And the low income countries remain struck in the trap of low growth and low human development:

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What happens when divorce laws switch from mutual consent to a unilateral regime?

June 24, 2014

Interesting paper by Raquel Fernández and Joyce Cheng Wong.

One is always looking for certain natural experiments to check the impact. Change in policy regime is like a natural experiment. So, in this paper authors look at the impact when divorce regime changed in US. Earlier, regime was mutual consent which meant approval for both partners was need. Then it changed to unilateral where just one party had to agree. What was the socio-economic impact of such changes?

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