A degree from an elite university—like good grades and honors degrees—often serves as a signal of superior talent, a beacon that guides employers through a sea of candidates to the allegedly most desirable hire. Such bias in favor of the elite, however, can disadvantage highly skilled and talented people who attend less renowned schools or groups like migrants, who often … [Read more...] about Signaling Students’ Skills for Greater Fairness and Productivity
Better Public Policies to Combat Pandemics
After the economic losses, unemployment and mass death of the COVID-19 pandemic, the question of how to effectively manage lockdowns has to be answered. Many experts believe another pandemic is inevitable. If that is true, we have to be ready with empirically tested policies that can maximize economic welfare while preserving life to the maximum extent … [Read more...] about Better Public Policies to Combat Pandemics
The Financial Impacts of Disability: Data for Better Policy Design
About one in seven, or more than 88 million people, in Latin America and the Caribbean live with a disability that can affect access to fundamental rights, such as education, employment, and health care. This percentage is expected to increase to one in five people by mid-century as the population ages. Yet while the region increasingly recognizes the needs of people with … [Read more...] about The Financial Impacts of Disability: Data for Better Policy Design
Good Government and the Fight Against Air Pollution’s Mortal Threat
When we think of our personal health, we tend to focus on things like giving up tobacco and alcohol and ensuring good sanitation and cleanliness. Air pollution is not at the top of the list, but it belongs there. It is the greatest single external risk to health, reducing life expectancy by a global average of 2.3 years, according to the University of Chicago's 2023 Air Quality … [Read more...] about Good Government and the Fight Against Air Pollution’s Mortal Threat
A New Miracle? The Promises of Digitalization and Financial Inclusion in Latin America
Latin America and the Caribbean has made a big leap towards using digital technologies to expand financial inclusion, and there are reasons to be hopeful: Several initiatives in the region have expanded the supply of innovative digital financial products which, in theory, should untap inclusive growth by enabling millions of micro and small firms and households to integrate … [Read more...] about A New Miracle? The Promises of Digitalization and Financial Inclusion in Latin America