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"Inequality and...?" Lectures Series

The purpose of the "Inequality and ...?" lectures series is to provide a forum where the research community, the private and public sectors and the general public in Luxembourg can gather around a theme which researchers have traditionally associated with this country, namely, income studies in a broad sense. The Luxembourg Income Study (LIS) was created in 1983. LIS has become the leading cross-sectional database of micro-economic income data for social science research. Today it benefits from a worldwide reputation.

The unifying thread of the lectures is the concept of inequality, that is, differences in the distribution of some attributes, such as income and wealth, among the population. Each lecture tackles the links between these differences and a central social phenomenon. Each lecture is a source of inspiration for an audience with different levels of expertise, ranging from a general educational level through BAs in social sciences to accomplished researchers.

Professor Conchita D'Ambrosio has established the lecture series in collaboration with the Chambre des Salariés, CREA, the European Investment Bank Institute (EIB Institute), LIS, LISER and STATEC. Financial support from the the Fonds National de la Recherche (FNR) is gratefully acknowledged.

 

Our past lectures  

2018 Inequality and...? Lectures Series

2017 Inequality and...? Lectures Series 

2016 Inequality and...? Lectures Series

2015 Inequality and...? Lecture Series

2014 Inequality and...? Lectures Series

2013 Inequality and...? Lectures Series

 

Our 2019 lectures    

Upcoming Events

Inequality and Child Human Capital

Janet Currie, Princeton University

18 December 2019, at 13,00

European Investment Bank

98-100, Bd Konrad Adenauer, Luxembourg

Child health is increasingly recognized as a critical form of human capital, but only recently have we begun to understand how valuable it is and how its development could be better supported. This lecture provides an overview of recent work that demonstrates the key role of public insurance in supporting longer-term human capital development and points to improvements in child mental health as an especially important mechanism.

Register for this event

 

 

 

 

Inequality and Justice

Guillermina Jasso, New York University

22 January 2020, at 13,00

European Investment Bank

98-100, Bd Konrad Adenauer, Luxembourg

 

Inequality and Politics

Roberto Galbiati, Sciences Po

11 February 2020, at 13,00

European Investment Bank

98-100, Bd Konrad Adenauer, Luxembourg

 

Inequality and the SDGs

Lidia Ceriani, Georgetown University

10 March 2020, at 13,00

European Investment Bank

98-100, Bd Konrad Adenauer, Luxembourg

 

  

 2019 past lectures

Inequality and Pain

Michael Wolfson, University of Ottawa                                                                                             

5 November 2019

Inequalities in health, wherever and however they are measured, are generally large. But, should we be concerned? Philosophers have discussed when health inequalities are unjust – for example, when there are ways they can be ameliorated. But their discourse tends to be qualitative, expressed only in terms of logical argument. Health economists, on the other hand, have proposed a variety of measurements of health inequalities, but generally have nothing to say about the extent to which they are “justified”. In this analysis, we bring together the philosophical and measurement strands of the literature in order to offer a quantitative assessment of which kinds of health inequalities may be justified, including one of the most widespread kinds of ill health, chronic pain.

 

 

                           

 

...in a nutshell                                                                                                       

Full lecture                                                                                                               

   Full slide presentation
 

                                               

Inequality and Bequests

Charles Horioka, Kobe University and NBER

25 September 2019

Bequests and other intergenerational transfers are an important source of the intergenerational transmission of wealth and income inequality. In this presentation, I will try to answer the following three questions: Do people leave bequests and other intergenerational transfers? What is the quantitative importance of intergenerational transfers? Why do people leave intergenerational transfers? For example, are intergenerational transfers motivated by intergenerational altruism toward one’s children? Or are they motivated by a desire to induce one’s children to provide care, attention,  and financial support during old age? Does it matter whether and why people leave intergenerational transfers? In particular, what impact do intergenerational transfers have on the intergenerational transmission of wealth disparities?

 

                                            

 

...in a nutshell                                                                                                       

Full lecture                                                                                                               

   Full slide presentation
 

                                               

 
Inequality and Bequests - Interview
 
Inequality and Bequestes - Conference

 

 

Inequality and Its Measurement

Satya R. Chakravarty, Indian Statistical Institute, Kolkata

8 July 2019

The purpose of this lecture is to examine some selected aspects of income distributions across populations. We analyze the concept of inequality and some of its measures developed in the literature. An index of income inequality is a scalar measure of interpersonal income differences within a given population. Social scientists generally use four properties for a good measure of inequality. The measures compatible with these properties allow us to compare inequality, for example, between China and Luxembourg, two countries with very different population size; or, alternatively, between Mozambique and Luxembourg, two countries with very different per-capita GDP. The lecture provides a detailed analysis of these properties and their implications.

 

                                            

 

...in a nutshell                             

Full lecture                                                                                                               

   Full slide presentation
 

                                               

 
Inequality and Its Measurement (ITV)
 
Inequality and Its Measurement - Presentation

 

 

Inequality and Child Development in Deprived Populations

Costas Meghir, Yale University, NBER and IFS

26 June 2019

This lecture will discuss how interventions at early childhood affect key outcomes among disadvantaged children, including cognition, language and social skills. It will also examine how such interventions change the behaviour of households towards their children, and more generally the way such interventions may be propagated and possibly amplified by changes in parental behaviour.

 

                                            

 

...in a nutshell                             

Full lecture                                                                                                               

   Full slide presentation
 

                                               

 
Inequality and Child Development in Deprived Populations - ITV
 
Inequality and Child Development in Deprived Populations - Conference

 

 

Inequality and the Art Market

Andres Solimano, International Center for Globalization and Development (CIGLOB)

6 June 2019

At a time of high wealth concentration at the top, investors are directing part of their wealth to the art market, that mobilizes annual sales of around 67 billion dollars and rising. Art prices grew more rapidly than stock prices in the run up to the global financial crisis of 2008-09 but its recovery in the period 2009-18 has been weaker than the strong upsurge in stock prices. Is artwork a “safe-haven” asset? Two pieces of evidence are explored in this lecture to address this question: (i) the behavior of real gold prices during the great depression of the 1930s, the stagflation of the 1970s and the global financial crisis of 2008-09 and (ii) correlation analysis between art prices and stock, oil, gold and bitcoin prices.

 

                                            

 

...in a nutshell                             

Full lecture                                                                                                               

   Full slide presentation
 

                                               

 
Inequality and the Art Market (Introduction)
 
Inequality and the Art Market

 

 

Inequality and the Elites

Michael Hartmann, Technischen Universität Darmstadt                                                                           

16 May 2019

At first glance there are two striking aspects of the relationship between inequality and the elites: first, the unequal representation of the different classes of the population among the elites and, second, the consequences of actions by the elite on social inequalities, particularly in terms of the distributions of income and wealth. Nevertheless, when we deepen the analysis, we can see that that there is a close relationship between the two. Thus, the more exclusive is the social recruitment of the elites, the more their actions will benefit the rich. The neo-liberal turn of the 1980s is one example of this, due to the social recruitment of the political elite that had changed radically in favour of politicians from the upper class..

 

                                            

 

...in a nutshell                             

Full lecture                                                                                                               

                              

                                               

 
Inequality and the Elites
 
Inequality and the Elites (Conference)

 

 

Inequality and Public Opinions

Leslie McCall, CUNY                                                                              

11 April 2019

This talk will present a framework for understanding how, in the United States, public opinions about inequality, economic opportunity, and redistribution are related to one another in ways that are at odds with key tenets of American exceptionalism, such as American dream and free market ideologies. The framework posits that Americans connect rising and high levels of economic inequality to a restriction of economic opportunities that in turn motivates support for opportunity-enhancing policies (e.g., in education and employment). McCall and collaborators test this model using survey experiments and new survey questions in nationally representative surveys, including, for comparative purposes, in Sweden and Denmark.

 

                                            

 

...in a nutshell                             

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Full lecture                                                                                                               

   Full slide presentation
 

                                               

 
Inequality and Public Opinions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
Inequality and Public Opinions

 

 

Inequality and Consumption

Tullio Jappelli, University of Naples Federico II                                                                                   

27 March 2019

There is a long debate on how one should measure inequality or poverty. The first part of the lecture will focus on the pros and cons of using the consumption distribution to measure inequality and poverty, rather than more traditional measures based on income or wages. The second part of the lecture deals with the underlying determinants of consumption inequality, on why economic shocks can lead to spreading of consumption inequality, how households can cope with these shocks, and how their response depends on the development of insurance and credit markets. The questions addressed include: how should we measure consumption? how does consumption respond to income shocks? why do people respond in different ways? can fiscal policy raise consumption demand? Empirical illustrations draw on data for Europe and North America.

 

                                            

 

...in a nutshell                             

Full lecture                                                                                                               

   Full slide presentation
 

                                               

 
Inequality and Consumption
 
Inequality and Consumption - Conference

 

 

Inequality and Beliefs

Christina Fong, Carnegie Mellon University

13 March 2019

People who believe that an unequal outcome is meritocratic are more likely to accept it. However, just as inequality can be conceptualized abstractly as “high” or “low” or more precisely as shares of specific percentiles of the distribution (e.g., the income share of the top tenth of a percent), beliefs about inequality can be abstract or more specific. Some beliefs concern justice in the economy as a whole while others concern the deservingness of specific income classes or racial groups, such as “poor”, “rich”, or “black” people. This talk reviews the literature on different types of beliefs and the different ways in which they can affect redistributive politics.

 

 

                                            

 

...in a nutshell                             

Full lecture                                                                                                               

   Full slide presentation
 

                                               

 
Inequality and Beliefs (interview)
 
Inequality and Beliefs (Conference)

 

 

Inequality and Educational Prosperity

J. Douglas Willms, The Learning Bar

6 February 2019

Educational prosperity is an assessment framework that can be used to assess the capacity of a school district, state, or country to develop children’s literacy skills and well-being, to set goals for increasing their capacity, and to monitor progress towards those goals. The framework follows a life-course approach, with key outcomes for each of several stages of development. These outcomes are referred to as ‘prosperity outcomes’. This lecture will review family, institutional and community factors that drive these outcomes and show that if countries build strong foundations for success for each stage of children’s development, its children will thrive.

 

 

 

                                            

 

...in a nutshell                             

Full lecture                                                                                                               

Full slide presentation 
 

                                               

 
Inequality and Educational Prosperity (interview)
 
Inequality and Educational Prosperity (Conference)

 

 

Inequality and Women in Politics

Alessandra Casarico, Bocconi University

16 January 2019

Inequality in political empowerment between men and women is higher than in the economic sphere. According to the Global Gender Gap Index (World Economic Forum, 2017), the world has closed only 23% of the gender gap in politics. In Europe, women represent 30% of politicians in legislative bodies and 29.5% in government cabinets (EIGE, 2018). What is the source of this inequality? Why do we care about eliminating it? Are there effective policies to promote female political empowerment and reduce gender gaps in the political arena? This lecture will present recent research addressing the above questions, while offering a picture of gender inequality in politics, and the challenges ahead.

 

 

 

                                            

 

...in a nutshell                             

Full lecture                                                                                                               

   Full slide presentation
 

                                               

 
Inequality and Women in Politics (interview)
 
Inequality and Women in Politics