Deborah A. Cobb-Clark AO FASSA is an Australian economist. She is currently working as a Professor in the University of Sydney [1] and as a Chief Investigator in the ARC Centre of Excellence for Children and Families over the Life Course. [2] She has also worked in Bonn, Germany at the Institute for the Study of Labor (IZA) since 2000, where she holds the position of director of the Program in Gender and Families. [3]
Deborah Cobb-Clark graduated with a Bachelor of Arts degree in economics from Michigan State University, in 1983. In 1986, she got her Master of Arts in economics from the University of Michigan, where four years later, in 1990, she graduated from with a Ph.D. also in economics. [1]
Cobb-Clark started her career at the University of Melbourne as the Ronald Henderson Professor and Director of the Melbourne Institute of Applied Economic and Social Research. [4] She later founded the Social Policy Evaluation, Analysis and Research Centre (SPEAR) at the Australian National University. [1] Over the years, she held positions such as teacher assistant at the Illinois State University and labor economist at the US Department of Labor. [5] She is currently an economic Professor in the University of Sydney, a chief investigator at the Centre of Excellence for Children and Families over the Life Course, [2] and director of the Program in Gender and Families at the Institute for the Study of Labor, IZA. [6]
Cobb-Clark’s interests and areas of specialization focus on how the labour market is affected by social policies. She concentrates her research on the effects that such policies have on education, immigration, youth transitions, retirement, sexual and racial discrimination and health.
Cobb-Clark's aim in this research is to help implement policies in Australia to help disadvantaged youth by creating a norm to identify youth at risk.
In her paper "The capacity of families to support young Australians: financial transfers from parents, co-residence and youth outcomes", the data collected reveals that modern youth are increasingly dependent on their parents for money, education, and life choices as the public sector offers little support to children. The research finds that families' tendencies to make use of income support tools is related to their children's education and employment. Children from families in need of income support are less likely to receive money from their parent and be part-time employees but more likely to be unemployed. However, no correlation has been found between a family's economic state and the children's enrolment in academic institutions. [7]
Furthermore, the analysis of her article "Intergenerational Disadvantage: Learning about Equal Opportunity from Social Assistance Receipt" shows a link between the kids and the parents' need of social assistance: children coming from families that require social assistance are, in turn, more likely to be in need of social assistance in their future. This correlation is even stronger in minority families, single parent families, and vulnerable families. [8]
Cobb-Clark focuses on mental health's impacts on work productivity to find the correlation between mental health and diminishing productivity as well as absenteeism in order to create policies that would help increase the yield at work of people with mental illnesses.
Deborah Cobb-Clark, along with Melisa Bubonya and Mark Wooden, explore the impacts of mental health on productivity in their paper "Mental Health and Productivity at Work: Does What You Do Matter?". The findings showed a lower rate of work attendance for people with a reported mental health illnesses. The work environment, including job security , complexity of the tasks, and work-related stress, impacts people with goof mental health differently than it impacts people with poor mental health. In fact, high job security is related to high work absences in women with good mental health as opposed to women with poor mental health. Also, stress and complexity of work seem to have little effect on people with poor mental health's decision to show up to work. [9]
Furthermore, in the paper "The Bilateral Relationship between Depressive Symptoms and Employment Status", Cobb-Clark and Bubonya find that mental illnesses such as depression affect labour productivity, but that the truth also holds for the inverse causality: inability to find work can lead to depressive episodes and mental illnesses on the long-run. [10]
Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context. For example:
In economics, the Baumol effect, also known as Baumol's cost disease, is the rise of wages in jobs that have experienced little or no increase in labor productivity in response to rising wages in other jobs that have experienced higher productivity growth. The phenomenon was described by William J. Baumol and William G. Bowen in the 1960s and is an example of cross elasticity of demand.
Edward Paul Lazear was an American economist, the Morris Arnold and Nona Jean Cox Senior Fellow at the Hoover Institution at Stanford University and the Davies Family Professor of Economics at Stanford Graduate School of Business.
Andrew Oswald is a Professor of Economics and Behavioural Science at the University of Warwick, England. He is an ISI highly cited researcher and has been a professorial fellow of the ESRC. He is currently a member of the board of reviewing editors of Science. He held previous posts at Oxford, the London School of Economics, Princeton, Dartmouth and Harvard. Andrew Oswald serves as the chair of the IZA Institute Network Advisory Group.
Nadarajan "Raj" Chetty is an Indian-American economist and the William A. Ackman Professor of Public Economics at Harvard University. Some of Chetty's recent papers have studied equality of opportunity in the United States and the long-term impact of teachers on students' performance. Offered tenure at the age of 28, Chetty became one of the youngest tenured faculty in the history of Harvard's economics department. He is a recipient of the John Bates Clark Medal and a 2012 MacArthur Fellow. Currently, he is also an advisory editor of the Journal of Public Economics. In 2020, he was awarded the Infosys Prize in Economics, the highest monetary award recognizing achievements in science and research, in India.
Economics of participation is an umbrella term spanning the economic analysis of worker cooperatives, labor-managed firms, profit sharing, gain sharing, employee ownership, employee stock ownership plans, works councils, codetermination, and other mechanisms which employees use to participate in their firm's decision making and financial results.
Francine Dee Blau is an American economist and professor of economics as well as Industrial and Labor Relations at Cornell University. In 2010, Blau was the first woman to receive the IZA Prize in Labor Economics for her "seminal contributions to the economic analysis of labor market inequality." She was awarded the 2017 Jacob Mincer Award by the Society of Labor Economists in recognition of lifetime of contributions to the field of labor economics.
Adriana Debora Kugler is an American economist who serves as a member of the Federal Reserve Board of Governors. She previously served as U.S. executive director at the World Bank, nominated by President Joe Biden and confirmed by the U.S. Senate in April 2022. She is a professor of public policy at Georgetown University's McCourt School of Public Policy and is currently on leave from her tenured position at Georgetown. She served as the Chief Economist to U.S. Labor Secretary Hilda L. Solis from September 6, 2011 to January 4, 2013.
Joseph Gerard Altonji is an American labour economist and the Thomas DeWitt Cuyler Professor of Economics at Yale University. His fields of interest include macroeconomics and applied econometrics and in particular labour economics, being ranked as one of the foremost labour economists worldwide. In 2018, his contributions to the analysis of labour supply, family economics and discrimination were rewarded with the IZA Prize in Labor Economics.
Anne Catherine Case, Lady Deaton, is an American economist who is currently the Alexander Stewart 1886 Professor of Economics and Public Affairs, emeritus, at Princeton University.
Oriana Bandiera, FBA is an Italian development economist and academic, who is currently the Sir Anthony Atkinson Professor of Economics at the London School of Economics. Her research focuses on development, labour, and organisational economics. Outside of her academic appointment, she is co-editor of Econometrica, and an affiliate of the Centre for Economic Policy Research and Bureau for Research and Economic Analysis of Development. A fellow of the Econometric Society and the British Academy, she received the Yrjö Jahnsson Award in 2019, an award granted annually to the best European economist(s) under the age of 45.
Enrico Moretti is an Italian economist and the Michael Peevey and Donald Vial Professor of Economics at the University of California, Berkeley. He is also a research associate at the National Bureau of Economic Research (Cambridge), and a research fellow at the Centre for Economic Policy Research (London) and the Institute for the Study of Labor (Bonn). Prior to joining the Berkeley faculty in 2004, he has taught at UCLA.
Shelly J. Lundberg is an economist and currently holds the positions of Leonard Broom Professor of Demography at the University of California, Santa Barbara, where she serves as Associate Director of the Broom Center for Demography. Lundberg is one of the world's leading population economists.
Chen Long currently serves as the director of Luohan Academy, the think tank of Alibaba. Before this, he was the chief strategy officer of Ant Financial Group since 2014. Chen received his Ph.D. in Finance from University of Toronto, and was a tenured professor at Olin Business School, Washington University in St. Louis. After returning to China in 2010, Chen took the position of the Associate Dean of Cheung Kong Graduate School of Business (CKGSB), Professor of Finance.
Lisa Cameron is an Australian economist currently working as a Professional Research Fellow at the Melbourne Institute of Applied Economic and Social Research at the University of Melbourne.
Lorraine Margaret Dearden is an Australo-British economist and professor of economics and social statistics at the Department of Social Science of the Institute of Education, University College London. Her research focuses on the economics of education.
Elizabeth Cascio is an applied economist and currently a Professor of Economics who holds the DeWalt H. 1921 and Marie H. Ankeny Professorship in Economic Policy at Dartmouth College. Her research interests are in labor economics and public economics, and focus on the economic impact of policies affecting education in the United States. She is also a research associate at the National Bureau of Economic Research, a research associate at the IZA Institute of Labor Economics, and Co-editor of the Journal of Human Resources.
Rita K. Almeida is a Portuguese economist who joined the World Bank in 2002 as a research economist. After serving as a senior economist with responsibilities for lending and analysis in support of education in Latin America, Eastern Europe, and the Middle East and North Africa, as of June 2020 she is human development programme leader for the countries of Central America. Over the years, Almeida has coordinated a range of World Bank and IZA publications in the areas of education, job training and public social spending. Since 2003, she has been a Research Fellow of the IZA Institute of Labor Economics.
Lisa M. Lynch is an American economist working as Maurice B. Hexter Professor of Social and Economic Policy at Brandeis University’s Heller School for Social Policy and Management and Director of the Institute for Economic and Racial Equity. She was previously Provost and Interim President of Brandeis University and Dean of the Heller School, a faculty member at Massachusetts Institute of Technology, Ohio State University, and University of Bristol, and a co-editor of the Journal of Labor Economics. She is a past chief economist of the United States Department of Labor, chair of the board of directors of the Federal Reserve Bank of Boston, and president of the Labor and Employment Relations Association.
Maya Rossin-Slater is an American health economist currently serving as Associate Professor of Health Policy in the Stanford University School of Medicine. Her research examines the causal effects of social policies and events in utero on the well-being of families and children in the United States. In 2023 Rossin-Slater received the Elaine Bennett Research Prize, awarded annually by the American Economic Association to the best female economist not more than ten years beyond her PhD. She is also the recipient of a National Science Foundation CAREER Award.