Dear All, Please find below the invitation to the IN PERSON CEU Economic Seminar Series (CESS) presentation. On Tuesday, Alexander Monge-Naranjo<https://hceconomics.uchicago.edu/people/alexander-monge-naranjo> (Fed St. Louis) will talk about: ‘Of Cities and Slums’ (Pedro Cavalcanti Ferreiraz and Luciene Torres de Mello Pereira) Time and venue: October 10, Tuesday, 11.15am – 12.30pm, at Quellenstrasse 51 (Vienna), QS B-505. ABSTRACT: We examine the emergence and consequences of urban slums along a country’s path to urbanization. Based on salient evidence from Brazilian labor, housing, and education markets, we study the interaction of slums with structural transformation and inequality. Urban slums are an intergenerational stepping-stone only for the lowest educated, explaining their emergence and persistence over time. In the past slums might have helped with Brazil’s human capital formation but at least since 2010 slums are a hindrance. Countries that missed the opportunity to improve rural schools and avoid the formation of slums should target improving schools in the slums. Please sign up for the seminar at this link<https://forms.office.com/e/98yh0rNE51> till 12pm, the day before the seminar! Best Regards: Mats [cid:image002.png@01D9F571.2DEFF370] Judit Lafferthon Executive Assistant of the HoD Department of Economics and Business Pronouns: she/her [Text Description automatically generated with medium confidence] CEU PU Address: Quellenstrasse 51 | 1100 Vienna, Austria lafferthonj@ceu.edu<mailto:lafferthonj@ceu.edu> | +431252307481 www.ceu.edu<http://www.ceu.edu/> Follow us on social media: Facebook<https://www.facebook.com/WeAreCEU> | LinkedIn<https://www.linkedin.com/school/central-european-university/mycompany/verification/> | Twitter<https://twitter.com/ceu> | Instagram<https://www.instagram.com/we_are_ceu/> | Youtube<https://www.youtube.com/c/CentralEuropeanUniversityChannel>