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Working Paper
The Interactions of Social Norms about Climate Change: Science, Institutions and Economics
We study the evolution of interest in climate change among different actors within the population and how the interest of these actors affects one another. First, we document the evolution of interest for each actor individually, and then we provide a model of cross-influences between them. We estimate this model using a Vector Autoregression (VAR). We measure interest among the general public, the European Parliament, central banks, general interest science journals, and economics journals by creating a Climate Change Index (CCI) based on mentions of climate change in these domains. Except ...
When Houses Outrun Paychecks: The Lost Decades of Housing Affordability
An analysis of housing and household income data from 2000 to 2023 finds that in most U.S. counties, the cost of buying a house has outpaced local incomes.