Using an original household survey conducted in Hyderabad and Mumbai that identifies intracity spatial coordinates of residents, PERI researcher Vamsi Vakulabharanam and Sripad Motiram present a socio-spatial analysis of gender and paid work. They show that the ease of movement through the city, allocation of care work related considerations and educational attainment are all crucial to understanding the labor force participation patterns of urban women. A gender lens identifies key facets of access and mobility characterizing urbanization in developing countries. Spatial heterogeneity of residence has very different outcomes for the labor force participation of women and men.

Modern Money Theory (MMT) economists acknowledge a number of empirical and institutional limitations on the applicability of MMT to macroeconomic policy. But they have not attempted to explore these empirically nor have they adequately addressed their implications for MMT’s main macroeconomic policy proposals. This paper by PERI researcher Gerald Epstein identifies some of these important limitations, including those stemming from modern international financial markets. Epstein argues that these limits are much more binding on the policy applicability of MMT than many of MMT’s advocates appear to recognize.

In this interview with C.J. Polychroniou, PERI researcher Lenore Palladino discusses her background as a labor organizer and her current research focus on corporate governance, in particular, on ending “shareholder primacy.” Palladino says that “My work focuses on ending shareholder primacy, which is the dominant ideology of how private corporations make decisions and view their responsibilities; i.e., to maximize wealth for their shareholders, whether or not their actions negatively impact both their internal stakeholders (workers) or the larger public and natural world…ending shareholder primacy is a necessary—though completely insufficient on its own—step towards reducing the concentration of wealth at the top.”