ECP 3125 Economics of Inequality Homework2
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Economics of Inequality
Fall 2022
Homework 2
Due November 29, 2022
1. Choose one of the following three academic papers below. Write a short non-technical
summary in essay format that addresses the questions below. The essay should be close to one
page in length (please not more than two). Content is what matters most.
Note: Understanding the main findings and implications is what matters. The papers have
statistical methods that are beyond the expected knowledge from students. That is okay and it is
not necessary to understand to complete the summary and have a good grade. Do not be thrown
off by equations. The student should be able to skim through any technical discussions (or skip
altogether) and focus on the interpretations of the results from the authors, the larger picture
about the question the authors want to answer and how they answer it. The abstract, main results
section, and conclusion will be your main sources. Details about the construction of the data are
not necessary. You may skip sections identified as ¯bustness checks You do not need to refer
to numerical results from the tables in the paper. The authors will do that for you, and you will
rely on their interpretation from the text. The only numerical results you would refer to are those
explained by the authors.
a. What is the main question(s) the paper seeks to answer?
b. How the authors answer the question(s)? This is sometimes referred as the identification
strategy. To find the causal effect of X on Y you need a test group (a.k.a, treatment
group) and a comparison group (a.k.a. controlled group). What is treatment and control
groups?
c. Briefly, what data do they use?
d. What is the main findings of the paper?
e. What is the implication for our understanding about the sources of inequality and/or an
economic policy towards inequality?
ption 1: Derenoncourt E and Montialoux C. Minimum Wages and Racial Inequality.
Working Paper.
https://scholar.harvard.edu/files/elloraderenoncourt/files/montialoux_jmp_2018.pdf
Option 2: Daniel Aaronson, Jacob Faber, Daniel Hartley, Bhashkar Mazumder, Patrick
Sharkey, The long-run effects of the 1930s HOLC ¥dlining-aps on place-based measures
of economic opportunity and socioeconomic success, Regional Science and Urban
Economics, Volume 86, 2021,
Option 3: Bertrand, M., & Mullainathan, S. (2004). Are Emily and Greg More Employable
than Lakisha and Jamal? A Field Experiment on Labor Market Discrimination. The American
Economic Review, 94(4), 991p13. http://www.jstor.org/stable/3592802
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