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Planet Money

To all the econ papers I've loved before

Planet Money

NPR

Business, News

4.629.8K Ratings

🗓️ 27 January 2023

⏱️ 25 minutes

🧾️ Download transcript

Summary

A great economics paper does two things. It takes on a big question, and it finds a smart way to answer that question.

But some papers go even further. The very best papers have the power to change lives.That was the case for three economists we spoke to: Nancy Qian, Belinda Archibong, and Kyle Greenberg.

They all stumbled on important economics papers at crucial moments in their careers, and those papers gave them a new way to see the world. On today's show - how economics papers on the Pentecostal church in Ghana, the Vietnam war draft, and the price of butter in Sweden shaped the courses of three lives.

This episode was produced by Sam Yellowhorse Kesler. It was edited by Keith Romer. Sierra Juarez checked the facts, and it was mastered by Natasha Branch with help from Gilly Moon. Jess Jiang is our acting executive producer.

Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney

Transcript

Click on a timestamp to play from that location

0:00.0

This is Planet Money from NPR.

0:06.4

I want to tell you about the moment that I fell in love with economics.

0:11.4

It was around 2008-2009.

0:14.3

I was in college.

0:15.3

I didn't know what I was going to major in.

0:16.9

It was the middle of the financial crisis, so I thought I'll take some econ classes.

0:21.9

In one of these classes, the professor started talking about something kind of unexpected.

0:26.5

She said that economists have been trying to understand why in some parts of the world,

0:31.3

men outnumber women.

0:32.8

They call this the missing women problem.

0:35.0

The most famous example is China with its one child policy, but the missing women problem

0:39.6

shows up in India, in Pakistan, in Taiwan.

0:43.4

And our professor had us read this really interesting paper that had just come out.

0:47.1

It was by this young economist, Nancy Chan, who had this theory.

0:51.1

She thought that the missing women problem was somehow connected to women's incomes.

0:56.0

She realized that in China, picking tea leaves is mostly women's work.

1:00.2

So to test her theory, she came up with this ingenious idea.

1:03.7

She compared regions that grew tea with regions that didn't grow tea.

1:08.0

And she found that in tea growing regions, when the price of tea goes up, all of a sudden

1:12.3

girls were more likely to survive childhood, probably because their mothers were earning

1:16.0

more money and had more say in what family resources were going to their daughters.

1:20.8

This paper blew my mind.

...

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