Philipp Ager
Philipp Ager is an associate professor of economics, at the University of Southern Denmark and a CEPR research affiliate.
Income Inequality
Do the Sons of Rich Families Recover After a Large Wealth Shock? Evidence From the US Civil War
One striking feature of many underdeveloped societies is that economic power is concentrated in the hands of very small powerful elites. Why is it...
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Development
Mobile Internet Is Changing Employment in Developing Countries, but Not Always as Expected
Scholars and policymakers have put much faith into the prospect of internet connectivity catalyzing development in low- and middle-income countries. In new...
Fiscal Policy
Biden’s Second-Best Economic Agenda
Efficiency is out and political economy is in. But what does that imply about making good policy?
Monetary Policy
The Fed and Bank Failures
Viral Acharya and Raghuram Rajan explain how quantitative easing contributed to the problems underlying the recent bank failures such as that of...
Antitrust and Competition
Self-Preferencing Theories Need To Account for Exploitative Abuse
Patrice Bougette, Oliver Budzinski, and Frédéric Marty argue in their research that antitrust authorities on both sides of the Atlantic must take...
Antitrust and Competition
Startup Acquisitions Have Undecided Effects on Innovation and Economic Growth
Startups are a major driver of innovation, but many startups are acquired by large incumbents. Do these acquisitions stifle innovation or promote...
ESG & Corporate Governance
History Shows that Voluntary ESG Standards Lead to a More Focused ESG Disclosure
In recent years, ESG reports have become more common for publicly traded companies. However, critics have found the information they provide to...
Regulation
Letters that Matter: How Interest Groups Shape Financial Legislation
Members of Congress are inundated with an avalanche of correspondence on a daily basis. But what persuades them to heed the call?...
