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    Cold Call
    A podcast featuring faculty discussing cases they've written and the lessons they impart.
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    • 03 Dec 2019
    • Cold Call Podcast

    Why CalSTRS Chooses to Engage with the Gun Industry

    Should large institutional investors divest or engage if they have an issue with a company? In a recent case study, Vikram Gandhi discusses how CalSTRS, the $200 billion pension plan for California public school teachers, chose to engage with gun makers and retailers.  Open for comment; 0 Comment(s) posted.

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    • 19 Sep 2018
    • Working Paper Summaries

    From Immigrants to Americans: Race and Assimilation During the Great Migration

    by Vasiliki Fouka, Soumyajit Mazumder, and Marco Tabellini

    The Great Migration of African Americans and the mass migration of Europeans both contributed to forming the modern American racial and ethnic landscape. This analysis finds that native whites more readily accepted European immigrants as African Americans arrived in the US North during the first Great Migration, facilitating the assimilation of European immigrants in northern urban centers.

    • 05 Jan 2017
    • Working Paper Summaries

    High-Skilled Migration and Agglomeration

    by Sari Pekkala Kerr, William Kerr, Çağlar Özden, and Christopher Parsons

    Individuals with valuable skills have a higher propensity and offers to migrate both domestically and abroad due to the exceptional returns they can earn. Yet not all potential destinations are equally attractive in their professional and social opportunities. This review provides an in-depth analysis of available data and introduces several newly available data sources that are open to researchers. The patterns of high-skilled migration are quite consistent with agglomeration economies, such as the broad flows from a large number of source countries to very few destination countries. These data further show that migration selection processes for skill are becoming sharper and increasingly involve female migrants.

    • 20 Oct 2016
    • Working Paper Summaries

    Global Talent Flows

    by Sari Pekkala Kerr, William R. Kerr, Çağllar Özden, and Christopher Parsons

    Global migration patterns have become increasingly asymmetric and skewed along several dimensions, especially as skilled migration has become a greater force globally. This paper first surveys the landscape of global talent mobility, including under-appreciated features like the rising importance of the migration of talented women. The review next discusses the causes and consequences of high-skilled migration and the particular role of agglomeration/cluster economies. Rather than having migration reduce the incentives for others to migrate to a location, agglomeration effects for talented workers often serve to instead heighten the incentives for future talent to migrate as well (e.g., Hollywood). The paper next discusses the role of national “gatekeepers” in global talent flows, and contrasts the two main approaches taken by governments (i.e., points-based systems vs. employer-driven systems). While overall patterns will likely remain similar, different forms of high-skilled migration are likely to emerge and evolve.

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