A Corruption/Parking Tickets Map
Forbes‘s Jon Bruner has made a cool map of economists Raymond Fisman and Edward Miguel‘s paper “Cultures of Corruption: Evidence From Diplomatic Parking Tickets” (noted here earlier). The paper measured diplomats who used their immunity to dodge parking fines, resulting in a list of violations per U.N. diplomat. Kuwait tops the list at 246 violations per diplomat. The map is paired with corruption scores from Transparency International, Bruner notes:
Read More »Fisman and Miguel set out to use the parking data to understand the impact of social norms on official corruption. The idea is that diplomatic parking violations are essentially consequence free, except for any approbation that might come from the diplomat’s home state. A political culture that doesn’t mind its diplomats racking up parking tickets might not mind outright corruption.
Bad Karma-geddon? Conjecture, Construction and Congestion in L.A.
L.A.’s “Carmageddon” is over. For those in the rest of the country, or Angelenos who spent the last two months trekking in Bhutan or in monastic seclusion, Carmageddon was the result of the complete closure of a major Los Angeles freeway over the weekend. The results?
Carmageddon was predicted by almost all journalists and government officials to be a brewing traffic nightmare of unprecedented dimensions. Only a day before the event I was reading predictions by our transportation authorities stating that traffic as much as 50 miles away would reach nightmare-like proportions. Only a very few, including myself, predicted we would see a situation of unusually light traffic reminiscent of the last time a similar situation happened: the 1984 Los Angeles Olympics.
In fact, Carmageddon saw stunningly low traffic levels, with many who did venture out reporting they had never driven at such speeds in LA in their lifetimes. Moreover, fears that the project (which involved demolishing half of a bridge over the highway) would drag on into Monday’s rush hour proved totally unfounded, as the work was completed and the freeway reopened on Sunday afternoon, many hours ahead of schedule. Read More »
The “Solar Panel” Effect on Home Sales
Our recent podcast on “conspicuous conservation” looked at the “Prius Effect” — that is, how valuable it is for green-leaning consumers to signal their devotion to the environment by driving an obviously-hybrid Toyota Prius. (BTW, you can also fake it with an “instant hybrid conversion kit.”) The episode was based on an interesting paper by Alison and Steve Sexton called “Conspicuous Conservation: The Prius Effect and Willingness to Pay for Environmental Bona Fides.” It included some talk about solar panels as well, and how some people mount them on the street-facing side of their homes even though the sun shines more strongly on the rear. Read More »
Income Equality in Revolutionary America
A tad late for Independence Day, but interesting nevertheless: a new paper called “American Incomes Before and After the Revolution,” by Peter H. Lindert and Jeffrey G. Williamson. Couldn’t find an ungated copy; abstract below (emphasis is mine):
Read More »Building social tables in the tradition of Gregory King, we quantify the level and inequality of American incomes before and after the Revolutionary War. Our tentative estimates suggest that between 1774 and 1800 American incomes fell in real per capita terms. The colonial South was richer, and then suffered a greater Revolutionary decline, than suggested by previous estimates. Any rapid growth after 1790 seems to have just partially offset part of a very steep wartime decline. We also find that free American colonists had much more equal incomes than did households in England and Wales. Indeed, New England and the Middle Colonies appear to have been more egalitarian than anywhere else in the measurable world. The colonists also had greater purchasing power than their English counterparts over all of the income ranks except in the top few percent.
