PUBLICATIONS • The Aspen Institute Economic Strategy Group

March 07 2023 |In Brief

IN BRIEF: The College Wage Premium Through the COVID-19 Pandemic

IN BRIEF COVID-related disruptions coupled with a tight labor market have led to a historic decline in college enrollment of recent high school graduates over the past three years. This drop, however, comes as the earnings premium for…

Luke Pardue

March 01 2023 |Papers

A Proposal for an Enhanced Partially Refundable Child Tax Credit

This proposal was produced in collaboration with The Hamilton Project. The proposal will be presented by Wendy Edelberg at a Hamilton Project event on March 1st and can be viewed here. Download (PDF) INTRODUCTION The…

Melissa S. Kearney, Wendy Edelberg

January 17 2023 |In Brief

IN BRIEF: Entrepreneurship Since the COVID-19 Pandemic

Editor’s note: The Aspen Economic Strategy Group is pleased to welcome Luke Pardue, an economist at the payroll and HR platform Gusto, as an AESG Fellow. Luke obtained his PhD in economics from the University of Maryland and previously…

Luke Pardue

January 09 2023 |Papers

Local Labor Market Impacts of the Energy Transition: Prospects and Policies

Society’s transition toward more sustainable energy sources is well underway. But substantially reducing the use of fossil fuels to generate electricity, to power vehicles, and to manufacture the stuff of everyday life will profoundly disrupt the communities…

Gordon Hanson

January 09 2023 |Papers

Lessons from COVID-19 Aid to State and Local Governments for the Design of Federal Automatic Stabilizers

In this paper Clemens and Veuger analyze pandemic-era federal fiscal assistance to state and local governments and draw lessons for the design of stabilization policy. They start by explaining why the federal government plays a key role in…

Jeffrey Clemens, Stan Veuger

January 09 2023 |Papers

Will Population Aging Push Us over a Fiscal Cliff?

The share of the US population age 65 and older is rising dramatically. In the year 2000, 12 percent of the population was over age 65; by 2050 that share will be 22 percent. Much of that aging…

John Sabelhaus

January 09 2023 |News & Commentary

Seven Recent Developments in US Science Funding

Over the past century, scientific research and development (R&D) has fueled US economic and military might and propelled the country’s status as a global superpower. These investments have helped to launch not only the…

Amy Ganz, Emily Vincent

January 09 2023 |Papers

New Insights for Innovation Policy

The US economy has been suffering from weak productivity growth, business dynamism, and competition for the past several decades. The loss of a vibrant economy is even more concerning as the economy faces new challenges such as the…

Sina T. Ates, Ufuk Akcigit

January 09 2023 |

Foreword: Economic Policy in a More Uncertain World

The Aspen Economic Strategy Group releases its fifth annual policy volume against a backdrop of historic economic and strategic uncertainty. Supply shocks resulting from a senseless Russian war in Ukraine are exacerbating already soaring energy and food…

Henry M. Paulson Jr., Timothy F. Geithner

January 09 2023 |

Introduction: Economic Policy in a More Uncertain World

Economic policymakers are confronting the highest inflation in a generation, energy supply shortages, and shifting geopolitical alliances. These challenges rightfully occupy news headlines and policy debates, but longer-run headwinds in the American economy also warrant focused attention. This…

Amy Ganz, Melissa S. Kearney

Recent Publications

IN BRIEF: The College Wage Premium Through the COVID-19 Pandemic

A Proposal for an Enhanced Partially Refundable Child Tax Credit

IN BRIEF: Entrepreneurship Since the COVID-19 Pandemic

Local Labor Market Impacts of the Energy Transition: Prospects and Policies

Lessons from COVID-19 Aid to State and Local Governments for the Design of Federal Automatic Stabilizers

Will Population Aging Push Us over a Fiscal Cliff?

Seven Recent Developments in US Science Funding

New Insights for Innovation Policy

Foreword: Economic Policy in a More Uncertain World

Introduction: Economic Policy in a More Uncertain World