Enrico Moretti

Enrico Moretti (born 1968) is an Italian-born American economist and the Michael Peevey and Donald Vial Professor of Economics at the University of California, Berkeley. He is also the editor-in-chief of the Journal of Economic Perspectives,[3] Research Associate at the National Bureau of Economic Research (Cambridge), and Research Fellow at the Centre for Economic Policy Research (London) and the Institute for the Study of Labor (Bonn). His research covers the fields of labor economics and urban economics.  He has received several awards and honors, including the Society of Labor Economists’ Rosen Prize for outstanding contributions to labor economics, the Carlo Alberto Medal, the IZA Young Labor Economist Award and a Fulbright Fellowship.

Enrico Moretti
Born1968[1]
NationalityItalian and American
InstitutionUniversity of California, Berkeley
FieldLabor economics
Urban economics
Alma materLaurea (1993), Bocconi University
Ph.D. (2000), University of California, Berkeley
AwardsFellow, European Association of Labour Economists since 2019

Fellow of the Econometric Society since 2016

Sherwin Rosen Prize for Outstanding Contributions in the Field of Labor Economics, awarded by the Society of Labor Economists

Fellow, Society of Labor Economists since 2014

William Bowen Prize

Carlo Alberto Medal, awarded to an Italian economist under the age of 40 for his/her outstanding research contributions to the field of economics
Websiteeml.berkeley.edu//~moretti/

Along with over 60 articles in peer-reviewed economics journals, Moretti's 2012 book for general audiences, The New Geography of Jobs, has received widespread attention.[4] The book was described by Barack Obama in 2019 as “a timely and smart discussion of how different cities and regions have made a changing economy work for them — and how policymakers can learn from that to lift the circumstances of working Americans everywhere." In 2018, it was described by  Paul Krugman in The New York Times  as “a must reading for anyone trying to understand the state of America” and by William Galston in The Wall Street Journal as  “the most important book of the decade on the contemporary economy."[5][6] The book has been translated in eight languages and was awarded the William Bowen Prize by Princeton University[7] for the most important contribution toward understanding public policy and the labor market.

Moretti’s research focuses on the growing  geographic differences in economic well-being between cities. In his research, he has found that the sorting of highly educated Americans — and high-paying jobs requiring a lot of education — into certain communities has led to other communities falling behind. Moreover, they've been falling behind faster economically as time goes on. This pattern, in turn, has been reflected in other socioeconomic differences, including political attitudes, divorce rates and life expectancies.[8]

In addition to his work in labor economics and economic geography, Moretti has published peer-reviewed articles on the social returns to education; social interactions and peer effects; health economics;  political economy; and the economics of the family.[9]

Notable Journal Articles

  • “Housing Constraints and Spatial Misallocation (with C. Hsieh), American Economic Journal:  Macroeconomics  11 (2), 2019  
  • “The Effect of State Taxes on the Geographical Location of Top Earners: Evidence from Star Scientists” (with D. Wilson), American Economic Review, 107(7), 2017.
  • “Local Economic Development, Agglomeration Economies and the Big Push: 100 Years of Evidence from the Tennessee Valley Authority" (with P. Kline), Quarterly Journal of Economics, 129(1), 2014.  
  • “Real Wage Inequality" American Economic Journal: Applied Economics, 5 (1), 2013.   Best Paper Prize - American Economic Journal: Applied Economics
  • “Local Labor Markets”, in Handbook of Labor Economics, Elsevier, 2011.  
  • "Identifying Agglomeration Spillovers: Evidence from Winners and Losers of Large Plant Openings" (with M. Greenstone and R. Hornbeck), Journal of Political Economy, 118(3), 2010.
  • "Peers at Work" (with A. Mas),  American Economic Review, 99(1), 2009
  • "The Demand for Sons" (with G. Dahl), Review of Economic Studies, 75(4), 2008
  • "Workers' Education, Spillovers and Productivity: Evidence from Plant-Level Production Functions", American Economic Review 94(3), 2004  
  • "Estimating the Social Return to Higher Education: Evidence From Longitudinal and Repeated Cross-Sectional Data", Journal of Econometrics 121(1-2), 2004  
  • "The Effect of Education on Criminal Activity: Evidence from Prison Inmates, Arrests and Self-Reports" (with L. Lochner), American Economic Review   94(1), 2004
  • Mother’s Education and the Intergenerational Transmission of Human Capital: Evidence from College Openings (with J. Currie), Quarterly Journal of Economics, 118(4), 2003.

References

  1. "Enrico Moretti". treccani.it. treccani.it. Retrieved 17 January 2021.
  2. Wai, Dr. Jonathan (2013-09-24). "Why Our Creativity Depends On Who Surrounds Us". The Creativity Post. Retrieved 2018-02-13.
  3. "Enrico Moretti". Econometrics Laboratory. Retrieved 2018-02-13.
  4. "Interview - Enrico Moretti, Econ Focus, First Quarter 2019 - Federal Reserve Bank of Richmond". www.richmondfed.org. Retrieved 2019-09-23.
  5. Porter, Eduardo (2012-04-03). "The Promise of Today's Factory Jobs". The New York Times. ISSN 0362-4331. Retrieved 2018-02-13.
  6. O'Toole, Kathleen (2013-06-10). "Enrico Moretti: The Geography of Jobs". Stanford Graduate School of Business. Retrieved 2018-02-13.
  7. "The William G. Bowen Award for the Outstanding Book on Labor and Public Policy | Industrial Relations Section". irs.princeton.edu. Retrieved 2019-09-23.
  8. "Interview - Enrico Moretti, Econ Focus, First Quarter 2019 - Federal Reserve Bank of Richmond". www.richmondfed.org. Retrieved 2019-09-23.
  9. "Interview - Enrico Moretti, Econ Focus, First Quarter 2019 - Federal Reserve Bank of Richmond". www.richmondfed.org. Retrieved 2019-09-23.
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