The Myron Scholes Global Markets Forum brings business leaders, policy makers, and distinguished academics to address the Chicago community on topics of current interest. 

Where

Gleacher Center
Room 621
450 N Cityfront Plaza Drive
Chicago, Illinois

Event Details

On May 19th, the Initiative on Global Markets proudly presents a Myron Scholes Global Markets Forum by Raj Chetty, professor in the Economics Department, Harvard University; Co-Director of the Public Economics Group at NBER; and Editor of the Journal of Public Economics. He will discuss "Improving Opportunities for Economic Mobility: New Evidence and Policy Lessons."

Over the course of this talk he will address the question, "Is America the "Land of Opportunity"? In two recent studies, Chetty and his coauthors have found that: (1) Upward income mobility varies substantially within the U.S. [summary][paper] Areas with greater mobility tend to have five characteristics: less segregation, less income inequality, better schools, greater social capital, and more stable families. (2) Contrary to popular perception, economic mobility has not changed significantly over time; however, it is consistently lower in the U.S. than in most developed countries. [summary][paper]

Cost

$5.00

Registration

Register Online

Registration is required (cost is $5). If you are paying with a credit card, please register online. If you would like to pay with cash or check at the door, please email Jennifer Williams (jennifer.williams@chicagobooth.edu).

Deadline: 5/18/2015

Program

5:30 PM-6:00 PM: Registration / Cocktails

6:00 PM-7:00 PM: Lecture / Q&A

Speaker Profiles

Raj Chetty (Speaker)
http://www.rajchetty.com/

Raj Chetty is a Professor in the Economics Department at Harvard University, Co-Director of the Public Economics group at the National Bureau of Economic Research, and Editor of the Journal of Public Economics. His research combines empirical evidence and theory to inform the design of more effective government policies. Chetty's work tax policy, unemployment, and education has been widely cited in media outlets and Congressional testimony.

Chetty received his Ph.D. from Harvard in 2003 at the age of 23 and is one of the youngest tenured professors in the university's history. He has been named one of the top economists in the world by the New York Times and the Economist magazine. He was awarded a MacArthur "Genius" Fellow-ship in 2012. Chetty recently became one of the youngest recipients of the John Bates Clark medal, given by the American Economic Association to the best American economist under age 40.

Questions

Jennifer Williams 

773.702.6324