SEARCH: federal intervention

Concerns About Concentration

Overview: A number of studies in recent years have fueled policymakers’ concerns over rising market concentration and the state of competition in US industry. However, determining the relationship between market concentration and other key economic outcomes­—such as markups, profit rates, labor share, and the state of competition more broadly—is fraught with empirical challenges. The state […]

Bringing Jobs to People: Improving Local Economic Development Policies

SUMMARY Even before the current recession, local labor markets across the U.S. had large and persistent disparities in employment among prime-working age adults. Roughly 15 percent of the U.S. population, totaling 47 million people, lived in areas with employment rates at least 5 percentage points below the national average. In this Economic Strategy Group memo, […]