Yale Economic Growth Center

A large-scale policy experiment has shown that environmental cap-and-trade markets can work to reduce particulate air pollution in India. Nicholas Ryan's research with Rohini Pande and coauthors from Energy Policy Institute at the University of Chicago (EPIC), Energy Policy Institute at the University of Chicago (EPIC India) and Gujarat Pollution Control Board is featured in The Economist:

“If you want to help workers, help them care for their kids.” New Tobin Center supported research out today in the National Bureau of Economic Research shows child care spending as one of the most effective, pro-work policies ever evaluated in the United States. Using tax data and other administrative records, the authors—John Eric Humphries, Christopher Neilson, Xiaoyang Ye, and Seth Zimmerman—found that every dollar spent on a program providing free, full-time day care for preschoolers generated $6 in economic benefits. Read Catherine Rampell's coverage of the study in The Washington Post: https://lnkd.in/e9DWwVBr

Crop burning to clear fields between crop-growing cycles is a common and convenient practice among farmers in many countries – but with grave health effects for communities. What does it take to reduce crop burning? Rohini Pande (EGC, Yale Department of Economics, Inclusion Economics India Centre) and coauthors Kelsey Jack of UC San Diego, Seema Jayachandran of Princeton University, and Namrata Kala of MIT Sloan School of Management conducted an experiment to understand the relative efficacy of varying when farmers received payments for not crop burning. They found partial upfront payments were more effective than the standard method of fully conditioning payment on not burning. Read the EGC Research Summary by Viola Fur: #AirPollution #Environment #DevelopmentEconomics #EnvironmentalEconomics

Applications are open for the Connecticut Governor's Fellowship! Support the Governor’s office on high‐priority policy issues and initiatives through this state-run program that pairs talented early-career professionals and senior state leaders to solve Connecticut’s most pressing policy problems. See flyer below for details, or here [pdf]: https://lnkd.in/ew3fwgZD Apply here: https://lnkd.in/eFbn8piV

It was an honor speaking on a panel these leaders supporting #WomensEconomicPower around the world:  @Janet Mbugua, @Dr . Stellah Wairimu Bosire, @Marie Ba, @Mavis Owusu-Gyamfi, @Dr Jemimah Njuki, and Sabrina Dhowre Elba. For those interested in the research I shared in the panel: our recent findings from India on how the growth of women's businesses influences their children's educational outcomes highlights the need to look at effects among more and less vulnerable populations, and not just the average: https://lnkd.in/ex3cyK_m I also highlighted ways that the pathway for women to join the digital economy can be cleared by using smartphones to share information on health – often deemed an acceptable entryway by gatekeepers – as we have found with our Mor Awaaz project in India: https://lnkd.in/eaiP6CKM Those interested in these and other recent findings on gender and opportunity should read the most recent edition of @Yale Economic Growth Center's "Towards Gender Equality" newsletter, and subscribe:https://lnkd.in/eYHUMzcf

“We’re trying out a solution that is indigenous." Ahmed Mushfiq Mobarak (EGC, Yale Research Initiative on Innovation & Scale (Y-RISE), and Yale School of Management) describes a project based on community entrepreneurs to address #ClimateChange-related water salinization in Bangladesh at #YaleAtClimateWeek. Panel included collaborators Neela A. Saldanha, Christina Chan of BRAC, and Sai Czander Ravela of Massachusetts Institute of Technology. Learn more in the the EGC Voices in Development podcast episode: https://lnkd.in/gJBSmhak

Highlights from the "Innovative market solutions to confront climate change" public event at #LSEEnvironmentWeek 🌲💰 📌 Rohini Pande (Yale Economic Growth Center) underlines that "protecting mature, existing #forests provides larger carbon-storage and #biodiversity benefits than reforestation." She maintains that there is limited transparency in the voluntary carbon market, and it relies on saying "trust us, we will do better." 📌 Basak Odemis (IFC - International Finance Corporation) outlines three key aspects of improving the voluntary carbon market: capacity-building, increasing up-front funding on the supply-side, and working together with a range of stakeholders such as buyers, registries, developers, and brokers to improve standards and methodologies. 📌 On #climatejustice, Ali Sarfraz Hussain emphasises that polluters must pay: "Pakistan has contributed to less than 1% of historical greenhouse gas emissions, and is in the 10 most vulnerable countries." He adds that above all, "we need to rely on ourselves", with new financial structures that generate investments for climate resilience. 📌 On the implications of the Carbon Border Adjustment Mechanism (CBAM) for low and middle-income countries, IGC Mozambique Country Director Claudio Frischtak explains that governments could levy taxes on companies to cover #CBAM tariffs, but this could have adverse effects on incentivising further investments.

“To allocate talent well, we need more women in leadership roles.” EGC’s Rohini Pande shared insights from economic research on making progress on #SDGs, and increasing #WomensEconomicPower at the Bill & Melinda Gates Foundation event "Greater than the Sum" tonight, with change-makers Marie Ba, Dr . Stellah Wairimu Bosire, Dr Jemimah Njuki, Mavis Owusu-Gyamfi, and hosts Janet Mbugua Mark Suzman.

Nurul Islam was a founding economist of Bangladesh, the architect of the economic rationale behind the country's independence, and a mentor to Muhammad Yunus (Nobel laureate, now leading the country's interim government) and many others. EGC's founding team collaborated on research with Islam in the late 1960s – and then helped save his life when he was forced to flee political violence in 1971. Read our profile, based on EGC Historical records and interviews with Roumeen Islam, Ahmed Mushfiq Mobarak, and others:

To wrap up day one of #LSEEnvironmentWeek, Rohini Pande (Yale Economic Growth Center) gave a master lecture exploring the role of #carboncredit markets in relation to global #netzero ambitions.   Rohini Pande then joined a panel discussion with Jiwoh Abdulai, Chukwu-Emeka P F Chikezie MBE, ROSELYN FOSUAH ADJEI, Mohammad AL Dwairi, Piers Forster and chair Robin Burgess, to consider the opportunities offered by #carbonmarkets in both national and international contexts, as well as obstacles to their uptake.