Emily Gallagher

Economists for Ukraine T-Shirt | Bonfire Profits from this fundraiser will be used to meet under-served needs in Ukraine.. Over 5 million Ukrainians have left the country since the war, and over 7 million have...

Here's your periodic reminder of how to easily support Ukraine: buy & wear an "Economists for Ukraine" t-shirt!

www.bonfire.com/economists-f...

Amid all the other news, it's easy to become inured to the basic facts here. Öztürk:

-Is not accused of committing any crime

-Is nonviolent

-Was in this country legally

-Merely engaged in speech that the administration objects to

-Has been locked up for six weeks

"We've been left no choice but to this week suspend treatment for 650,000 malnourished women and children — simply because we've run out of commodities and funding," Zlatan Milisic, WFP Country Director in Ethiopia told a Geneva press briefing by video from Addis Ababa.

When Will US Academia and Business Speak Up Against Trump? | by Dani Rodrik - Project Syndicate Dani Rodrik argues that leaders in both sectors bear a disproportionate responsibility to come to democracy's defense.

Why speak up?

"Authoritarian populists such as the late Hugo Chávez (Venezuela), Vladimir Putin (Russia), Viktor Orbán (Hungary), Narendra Modi (India), and Recep Tayyip Erdoğan (Turkey) always target universities and trample academic freedoms."

A broken system is keeping California homes underinsured. Millions are at risk California's biggest insurance companies are using faulty algorithms and flawed processes to estimate rebuilding costs — leaving millions of homeowners unprotected from disaster.

A great deep dive in the software used by insurance agents to estimate home replacement costs (and suggest Coverage A limits to clients). TLDR: Software estimates are downward biased, in part, because insurers like it that way. Agents can quote lower premiums by writing less coverage.

A broken system is keeping California homes underinsured. Millions are at risk California's biggest insurance companies are using faulty algorithms and flawed processes to estimate rebuilding costs — leaving millions of homeowners unprotected from disaster.

A great deep dive in the software used by insurance agents to estimate home replacement costs (and suggest Coverage A limits to clients). TLDR: Software estimates are downward biased, in part, because insurers like it that way. Agents can quote lower premiums by writing less coverage.

Something that's puzzled me in the underinsurance debacle: Why do agents suggest Coverage A limits? Why not just ask: "How much Coverage A do you want?" Same as they ask about other coverages. By suggesting an amount, agents erroneously lead clients to think they are getting full insurance.

To explain declining fertility, many point to a need for family-friendly policies. But evidence suggests these do little. Instead, consider Hacamo (2020) and van Doornik et al., (2025)--both point to housing quality as a primary impediment. To reproduce, people demand space in low crime areas.

America’s Oligarchs Are Trump’s Achilles’ Heel The best thing that countries targeted by Trump's punitive tariffs can do is condition market access for foreign multinationals and billionaires on fair taxation.

Once again, I must stress that there is a pretty obvious answer to this madness, which is to have a big, fat tariff on US oligarchs and their multinationals!

gabrielzucman.substack.com/p/americas-o...

Surprising number of homeowners don't have enough insurance to cover disasters YouTube video by Spotlight on America

Seeing myself on TV always makes me want to crawl into a hole. But, these folks did a great job of synthesizing a complex issue of underinsurance. www.youtube.com/watch?v=Alkn...

Parents of Babies Who Are Too Young for Measles Vaccine Worry About Outbreaks Infants are at higher risk of complications from the measles but can’t be vaccinated right away.

On my list of totally avoidable worries: how to handle a 5-month-old in daycare when measles is in the surrounding states but she is too young to vaccinate. Argh! www.nytimes.com/2025/03/14/w...

Democratic Senator Chris Murphy on Mahmoud Khalil.

Economists for Ukraine T-Shirt | Bonfire Profits from this fundraiser will be used to meet under-served needs in Ukraine.. Over 5 million Ukrainians have left the country since the war, and over 7 million have...

Did you know Economists for Ukraine t-shirts are still available? Buy one and show your support!

Post-doc opportunity. Come work with us at CU Boulder. In addition to US people, this postdoc is open to international PhDs from schools outside of the US! jobs.colorado.edu/jobs/JobDeta...

As NOAA cuts loom, scientists and industry are pushing back The potential closures come as the General Services Administration looks for opportunities to sell government buildings it says may not be needed.

“Perhaps no other federal entity facilitates greater economic and commercial activity than NOAA and its data sources”

Post-doc opportunity. Come work with us at CU Boulder. In addition to US people, this postdoc is open to international PhDs from schools outside of the US! jobs.colorado.edu/jobs/JobDeta...

I didn't show up for virtual seminar in Singapore once because I got the date wrong. Turns out they are a day ahead...ugh. 🫣

Just published at AER: Insights: getting negative information about your health when there are no treatment options available lowers long-run survival, with increased risky behaviors being one likely mechanism.

www.aeaweb.org/articles?id=...

Musk and His Millions Enter Wisconsin Supreme Court Race Elon Musk’s super PAC has spent $1 million on canvassing operations supporting the conservative candidate in the race, his first election spending after the 2024 campaign.

If you’re looking for something concrete you can do, give money to Susan Crawford in Wisconsin who is about to get hit with a ton of Musk Bucks.

www.nytimes.com/2025/02/20/u...

"Buried within the general phenomenon of democratic decline is a set of cases in which charismatic new leaders are elected by democratic publics and then use their electoral mandates to dismantle by law the constitutional systems they inherited."

chicagounbound.uchicago.edu/cgi/viewcont...

Three things that make the U.S. the envy of the world:

1) Professionalized military with strong norm of civilian control

2) Higher education and cutting-edge scientific research

3) Ability to welcome immigrants and attract the “best and the brightest”

All three are under threat.

I am a finance prof and, still, I make financial errors from time to time. Today's environment of highly complex financial products is ripe for scams and deceptive practices and requires oversight. Consumers need an institution invested in their protection.

Incredibly important and timely work. Denial of a wanted abortion increases the likelihood of death by 2.5pp in the next nine months.

Long run harms to health, educational attainment, labor force participation, and poverty, among others.

When you read "anti-immigrant" I want you to hear "Going after anyone who isn't white" because THAT is what they mean, and that is who they are after.

Removing development incentives in risky areas promotes climate adaptation - Nature Climate Change Adaptation requires limiting exposure to climate threats, and policies should focus on curbing development in risky areas. By examining the Coastal Barrier Resources Act, researchers demonstrate that ...

Something that actually prevents uninsured property destruction: Setting aside lands (pre-development) where govt infrastructure investments, disaster assistance, etc... are preemptively banned -- transferring risk from taxpayers to future owners. We did it in 1982!
www.nature.com/articles/s41...

Nice thought piece. "Our policies were designed for a world where the gap between high- and low-risk areas was smaller and less persistent. "

To a first approximation, every domestic policy problem is a housing policy problem

Just came across this super interesting and policy-relevant paper. Finding this sort of exogenous variation in housing affordability linked with age and family-size outcomes is pretty amazing. papers.ssrn.com/sol3/papers....

Check out Tony's thread summarizing our new paper, which evaluates the drivers of underinsurance for total loss events like wildfires.

Consumer Finance Institute – Senior Research Assistant (Evergreen) Company Federal Reserve Bank of Philadelphia Job Summary: The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C...

Working at CFI at Philly Fed is a great opportunity for an early-career researcher interested in household finance topics: rb.wd5.myworkdayjobs.com/en-US/FRS/jo...