Two Parents or One? What It Means for Children and Society | Economics, Applied | Steven Davis and Melissa Kearney | Hoover Institution

Two Parents or One? What It Means for Children and Society | Economics, Applied | Steven Davis and Melissa Kearney | Hoover Institution

It’s easier for two parents to provide the time, attention, love, and financial resources that help children thrive and lead successful lives than it is for a single parent. Yet the share of American children who live with two parents has plummeted in recent decades. The decline is especially steep outside of the college-educated class. Why are so many parents now raising children outside of marriage? What are the consequences for children and society? How do the benefits of two parents play out across racial and ethnic groups? Do the effects differ between boys and girls? What, if anything, can we do so that more children reap the benefits of two-parent households? Tune in, as Melissa Kearney joins Steven Davis to discuss The Two-Parent Privilege, her highly insightful book on these issues.

ABOUT THE SPEAKERS:

Melissa Kearny is a chaired professor of economics at the University of Maryland, research associate at the National Bureau of Economic Research, director of the Aspen Economic Strategy Group, non-resident Senior Fellow at The Brookings Institution, and a highly accomplished researcher. She holds a BA in Economics from Princeton University and a PhD in Economics from the Massachusetts Institute of Technology. Among many other roles, she serves on the editorial boards of the American Economic Journal: Economic Policy and the Journal of Economic Literature, and she is on the board of the Notre Dame Wilson-Sheehan Lab for Economic Opportunities and a scholar affiliate with the MIT Abdul Jameel Poverty Action Lab.

Steven J. Davis is the Thomas W. and Susan B. Ford Senior Fellow at the Hoover Institution and senior fellow at the Stanford Institute for Economic Policy Research. He is a research associate with the National Bureau of Economic Research, consultant to the Federal Reserve Bank of Atlanta, advisor to the Monetary Authority of Singapore, past editor of the American Economic Journal: Macroeconomics, and an elected fellow of the Society of Labor Economists. He co-founded the Economic Policy Uncertainty project, the US Survey of Working Arrangements and Attitudes, the Global Survey of Working Arrangements, the Survey of Business Uncertainty, and the Stock Market Jumps project. He co-organizes the Asian Monetary Policy Forum, held annually in Singapore. Previously, Davis was on the faculty at the University of Chicago Booth School of Business, serving as both distinguished service professor and deputy dean of the faculty.

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Episoder(61)

Recent US Treasury Interventions in Bond and FX Markets | Steven J. Davis, Anil Kashyap | Hoover Institution

Recent US Treasury Interventions in Bond and FX Markets | Steven J. Davis, Anil Kashyap | Hoover Institution

Steven Davis asks Anil Kashyap to unpack recent US interventions in the Treasury bond market and the Yen-Dollar FX market and whether they can meaningfully influence borrowing costs. They also examine...

18 Sep 21min

The Promises and Risks of Digital Finance | Steven J. Davis, Kristalina Georgieva | Hoover Institution

The Promises and Risks of Digital Finance | Steven J. Davis, Kristalina Georgieva | Hoover Institution

How can we reap the benefits of financial innovation while ensuring a sound, trustworthy financial system? Steven Davis asks IMF head Kristalina Georgieva at Jackson Hole. Their conversation touches o...

16 Sep 19min

Can Central Banks Rescue Us from High Interest Rates and Rising Debt? | Steven J. Davis, Raghuram Rajan | Hoover Institution

Can Central Banks Rescue Us from High Interest Rates and Rising Debt? | Steven J. Davis, Raghuram Rajan | Hoover Institution

Raghuram Rajan, former Reserve Bank of India governor, joins Steve Davis at the Jackson Hole Symposium to offer his take on Fed chairman Kevin Warsh’s speech and Treasury secretary Scott Bessent’s rec...

9 Sep 15min

The Fiscal Outlook and Housing Affordability | Steven J. Davis, Tom Barkin | Hoover Institution

The Fiscal Outlook and Housing Affordability | Steven J. Davis, Tom Barkin | Hoover Institution

Tom Barkin, president and CEO of the Richmond Fed, chats with Steve about Fed Chair Kevin Warsh’s speech at the Jackson Hole Symposium. They also discuss Ken Rogoff’s lunchtime remarks about the end o...

4 Sep 23min

Kevin Warsh, the Fed, and the Future of Payments | Steven J. Davis, Jeffrey Schmid | Hoover Institution

Kevin Warsh, the Fed, and the Future of Payments | Steven J. Davis, Jeffrey Schmid | Hoover Institution

Jeffrey Schmid sits down with Steven Davis at the 49th edition of the Jackson Hole Economic Policy Symposium. They chat about Kevin Warsh’s keynote speech, innovations in the payments system, digital ...

2 Sep 21min

An Economic and Moral Case for Capitalism | Steven J. Davis, Ross Levine | Hoover Institution

An Economic and Moral Case for Capitalism | Steven J. Davis, Ross Levine | Hoover Institution

Steven Davis chats with Ross Levine about how the rule of law and competition foster prosperity and freedom in a system of market-based capitalism. They highlight the moral dimensions of the case for ...

19 Aug 44min

AI-Powered Business Formation | Steven J. Davis, Liya Palagashvili | Hoover Institution

AI-Powered Business Formation | Steven J. Davis, Liya Palagashvili | Hoover Institution

Steven Davis chats with Liya Palagashvili about her new paper on “Artificial Intelligence and the Rise of Independent Work.” They start with a discussion of why, as a matter of economics, it’s plausib...

5 Aug 45min

AI for Hearing-Impaired Workers: A Good-News Story  | Steven J. Davis, Yanyou Chen, Mitchell Hoffman | Hoover Institution

AI for Hearing-Impaired Workers: A Good-News Story | Steven J. Davis, Yanyou Chen, Mitchell Hoffman | Hoover Institution

Hundreds of millions of people around the world are deaf or hard of hearing, which can impair job performance. Can AI tools help? Steven Davis speaks to two researchers who study the effects of a new ...

22 Jul 44min

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