Online event organized by Centro Studi Luca D’Agliano
“Inequality and the (mis)use of Talent”
Oriana Bandiera Sir Anthony Atkinson Chair in Economics, LSE
Abstract Putting available talent to its best use is key for the welfare of individuals and of the society to which they belong. Unequal access to opportunity in education and labour markets tampers with the allocation of talent leading to more inequality, poverty traps and lower welfare for all. This lecture reviews recent evidence on the misallocation of talent by economic class and gender in different settings, highlighting how temporary shocks -such as the current pandemic- can have permanent consequences.
Oriana Bandiera is the Sir Anthony Atkinson Professor of Economics at the London School of Economics, and a fellow of the British Academy, the Econometric Society, CEPR, BREAD and IZA. She is co-editor of Econometrica, vice-president of the European Economic Association, and director of the Gender, Growth and Labour Markets in Low-Income Countries (G²LM|LIC) programme. She serves on the council of the Econometric Society, on board of the International Growth Centre and as vice-president of the Fondazione Collegio Carlo Alberto. Her research focuses on how monetary incentives and social relationships interact to shape individual choices within organisations, how this shapes labor markets, the allocation of talent and, ultimately, living standards. Her research has been awarded the IZA Young Labor Economist Prize (2008), the Carlo Alberto Medal (2011), the Ester Boserup Prize (2018) and the Yrjö Jahnsson Award (2019). At the LSE she teaches the undergraduate Development Economics course, for which she won a Student Union Award in 2020.