Friday, July 1, 2022

VoxEU.org: Recent Articles

VoxEU.org: Recent Articles


Reducing the unavailability of stem cell donors

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For patients suffering from leukaemia or other blood diseases, a hematopoietic stem cell transplant from a matching, unrelated donor offers the best chance of survival. But unlike other medical donations, a stem-cell donation is a multi-stage process that can take years to complete, and many donors fail to follow through on their initial commitment. This column investigates the impact of a German stem-cell donor registry initiative, and finds that an invitation to the initiative itself increased donors' future availability, while participation had a direct and positive effect on donor readiness.

Faith and assimilation

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How ethnic religious organisations influence immigrants' assimilation in host societies has been surprisingly understudied. This column looks at the effect of Italian Catholic churches in the US between 1890 and 1920 when four million Italians moved to America and anti-Catholic sentiments were widespread. Italian churches reduced social assimilation of Italian immigrants, lowering intermarriage, residential integration, and naturalisation rates. However, the churches had ambiguous effects on immigrants' economic outcomes and increased children's literacy and ability to speak English.

Curing Covid inflation

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Recorded live at CEPR Paris Symposium 2022: Supply chain disruption caused by Covid-19 has fed inflation and hobbled stimulus policies. Sebnem Kalemli Özcan tells Tim Phillips about the only solution to this economic long Covid.

The macroeconomic effects of structural reforms

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Structural reforms have been at the centre of the economic policy debate in advanced economies, and in Europe in particular, in the past two decades. This column assesses the macroeconomic effects of three economic policy packages introduced in Italy between 2011 and 2017, obtained using both microeconomic estimates and model-based simulations. The three reforms induced a progressive, sizeable increase in total factor productivity and reduction in firms' market power. By the end of the current decade, Italian GDP could be about 6% higher than it would have been absent the reforms (and any other shocks), with positive effects on the labour market.

The energy balancing act between security and transition

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The invasion of Ukraine has produced a global energy crisis not seen since the 1970s. Policymakers are struggling to regain energy security and losing sight of the energy transition. This column argues that in the long run, however, policymakers will fail to achieve the former without committing to the latter. 

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