|Daron Acemoglu||MIT||Agree||9||Bio/Vote History|
|Alberto Alesina||Harvard||Did Not Answer||Bio/Vote History|
|Joseph Altonji||Yale||Strongly Agree||8||Bio/Vote History|
|Alan Auerbach||Berkeley||Agree||5||Bio/Vote History|
Fortunately, we haven't had much productivity growth in manufacturing -- so not much wage pressure. :-}
|Katherine Baicker||Harvard||Did Not Answer||Bio/Vote History|
|Abhijit Banerjee||MIT||Agree||6||Bio/Vote History|
|Marianne Bertrand||Chicago||Agree||6||Bio/Vote History|
It depends what type of productivity improvement whether it is labor saving or increases labor demand in this sector.
|Raj Chetty||Stanford||Did Not Answer||Bio/Vote History|
|Judith Chevalier||Yale||Agree||8||Bio/Vote History|
This is true for sectors without technological change. Health care has a lot of tech change.
|Angus Deaton||Princeton||Strongly Agree||10||Bio/Vote History|
|Darrell Duffie||Stanford||Uncertain||2||Bio/Vote History|
|Aaron Edlin||Berkeley||Strongly Agree||8||
True, by and large with some caveats.
|Barry Eichengreen||Berkeley||Agree||5||Bio/Vote History|
|Liran Einav||Stanford||Agree||1||Bio/Vote History|
|Ray Fair||Yale||Agree||5||Bio/Vote History|
|Amy Finkelstein||MIT||Uncertain||5||Bio/Vote History|
|Pinelopi Goldberg||Yale||Did Not Answer||Bio/Vote History|
We will miss Bill Baumol
|Michael Greenstone||Chicago||Agree||6||Bio/Vote History|
|Robert Hall||Stanford||Did Not Answer||Bio/Vote History|
I expect the cost of education to rise relative to i-phones .Technology does make superstar teachers widely available, which offsets this.
Spillover may be getting weak.
Baumol's theory is obvious:1st principles of econ. But economists GREATLY overstate its importance in explaining cost growth in education!!
|Hilary Hoynes||Berkeley||No Opinion||Bio/Vote History|
|Kenneth Judd||Stanford||Strongly Agree||8||
This is a serious problem in education. If you are good at math, why would you want to be a high school teacher?
|Steven Kaplan||Chicago||Agree||8||Bio/Vote History|
|Anil Kashyap||Chicago||Strongly Agree||10||
An example of something that is probably not obvious to non-economists but has been demonstrated to be true
|Pete Klenow||Stanford||Strongly Agree||10||
Productivity and price trends are inversely related across industries. It jumps out at you when looking at the data.
-see background information here
|Jonathan Levin||Stanford||Did Not Answer||Bio/Vote History|
|Eric Maskin||Harvard||Did Not Answer||Bio/Vote History|
Could go either way depending upon labor demand. Unfortunately misconception.
|Emmanuel Saez||Berkeley||Agree||6||Bio/Vote History|
|Larry Samuelson||Yale||Strongly Agree||8||
One sees clear evidence in a variety of labor-intensive services -- education, health care, professional orchestras, and so on.
|José Scheinkman||Princeton||Did Not Answer||Bio/Vote History|
|Richard Schmalensee||MIT||Strongly Agree||8||Bio/Vote History|
|Carl Shapiro||Berkeley||Did Not Answer||Bio/Vote History|
|Robert Shimer||Chicago||Strongly Agree||8||Bio/Vote History|
|Richard Thaler||Chicago||No Opinion||Bio/Vote History|
|Christopher Udry||Yale||Did Not Answer||Bio/Vote History|
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