Grad student Michael Stepner speaks with Peter O’Dowd of Here & Now about his research examining how the life expectancy gap between the rich and poor has grown. Stepner explains the research suggests an opportunity for local “policies to address these gaps and improve life expectancies for low-income Americans.”
Emily Badger and Christopher Ingraham write for The Washington Post about a study by MIT researchers that examines how poverty impacts life expectancies across the country. “What's especially striking is that the poor live even shorter lives in some places than others. They have longer life expectancies in affluent, cities with highly educated populations,” they explain.
A new study co-authored by MIT researchers finds that people who live in expensive, well-educated cities tend to live longer, reports Jim Zarroli for NPR. Zarroli explains that “the study suggests that the relationship between life expectancy and income is not iron-clad, and changes at the local level can make a big difference.”
Bloomberg News reporter John Tozzi writes about a new study co-authored by MIT researchers that finds a growing disparity between the life expectancies of rich and poor Americans. The researchers found that, “top earning Americans gained 2 to 3 years of life expectancy between 2001 and 2014, while those at the bottom gained little or nothing.”
In an article for Reuters, James Saft writes that MIT researchers have found that analyzing Twitter sentiment can provide useful information for investors. “We exploit a new dataset of tweets referencing the Federal Reserve and show that the content of tweets can be used to predict future returns,” Prof. Andrew Lo and grad student Pablo Azar explain.
In an article for The Boston Globe, Prof. Emeritus Richard Schmalensee writes that policies should be enacted in Massachusetts that make solar power cost-effective for all consumers. Schmalensee writes that, “public policies must place a greater emphasis on rewarding the lowest-cost sources of solar electricity.”
In an article for BloombergView, Noah Smith highlights a paper by Prof. Deborah Lucas that found that “federal lending did as much as the American Recovery and Reinvestment Act of 2009 to stimulate demand and keep the economy from crashing.”
Reuters reporter Svea Herbst-Bayliss writes that in her remarks at MIT, Madame Christine Lagarde, managing director of the IMF, spoke about steps that could be taken to tackle climate change. "If subsidies were removed and carbon prices set properly now and taxed that would go a long way in addressing the climate change issues the world is facing,” says Lagarde.
In an interview with Eduardo Porter of The New York Times, Prof. Christopher Knittel speaks about whether a carbon tax could be effective in the U.S. According to Porter, Knittel explains that “a properly calibrated carbon price in the United States could effectively replace all the climate-related regulations businesses hate so much.”
In an article for The Washington Post, Lydia DePillis speaks with Prof. David Autor about how a large part of the labor force has been left out of job market growth in recent years. "Our main labor market challenge is not a lack of high wage jobs; it’s rather the weak or non-existent wage growth in non-college jobs," says Autor.
The Economist reports on a new study co-authored by Prof. David Autor that examines how increased trade between China and the U.S. has impacted American workers. The researchers found that “sudden exposure to foreign competition can depress wages and employment for at least a decade.”
A new paper co-authored by Prof. Parag Pathak found that school-choice systems designed to aid low-income children have not been effective, according to The Economist. The researchers found that while parents like these programs “they often do little for their children’s test scores.”
In an interview with the BBC, Prof. Heidi Williams argues that there should be more incentives for developing cancer prevention techniques and treatments for early-stage cancers. "If you look at drugs that get approved by the FDA, they all tend to be for very late stage cancer patients,” says Williams.
The Economist highlights an MIT study that shows Massachusetts is outperforming Silicon Valley in creating life sciences startups, and credits MIT for its role in driving innovation in Kendall Square. “The Boston metropolitan area...seems to be holding its own as the world’s pre-eminent biotech hub.”
Wall Street Journal reporter Brenda Cronin writes that MIT researchers have identified a group of consumers that routinely buy products that fail. “You’ve got to think about who’s buying” the product, explains Prof. Duncan Simester. “If it’s these harbingers buying them….and if they keep buying them…then you’ve got a problem.”