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DOWNLOAD   SUMMARY: In this chapter, authors David Keith, the Gordon McKay Professor of Applied Physics at Harvard’s School of Engineering and Applied Sciences,

DOWNLOAD   SUMMARY: In this chapter, author Trevor Houser of the Rhodium Group summarizes current forecasts of climate damages in the years ahead and their implications for…

DOWNLOAD The American economy is in the midst of a wrenching crisis, one caused by the COVID-19 pandemic, intensified by the worst social unrest in a generation,…

DOWNLOAD The United States is currently gripped by deep uncertainty and economic anxiety. At the time of this writing, the United…

DOWNLOAD   SUMMARY: In his chapter, Professor Bruce Sacerdote of Dartmouth College argues that increased inequality and declines in the number of manufacturing and middle-skill jobs is…

DOWNLOAD   SUMMARY: The Great Recession, and now the economic upheaval surrounding COVID-19, have intensified focus on this financial tightrope that many American families walk. In this…

DOWNLOAD   SUMMARY: In this chapter, authors Adam Looney, Professor of Finance at the David Eccles School of Business at the University of Utah, Jeff Larrimore, Chief…

DOWNLOAD   SUMMARY: In this chapter, Gilbert E. Metcalf, the John DiBiaggio Professor of Citizenship and Public Service and Professor of Economics at Tufts University, argues that…

DOWNLOAD   SUMMARY: For decades, escalating housing costs have outpaced income growth for middle- and lower-income earners. As a result, millions of American households…

DOWNLOAD   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…

David Autor is the Ford Professor of Economics and Co-Chair of the MIT Task Force on the Work of the Future. This report was produced in collaboration with the…

DOWNLOAD SUMMARY: Batchelder and Kamin argue the United States must raise new revenue in order to reduce high levels of economic disparity, finance much-needed new services and investments,…

DOWNLOAD SUMMARY: Recent wealth tax proposals put forward by Democratic presidential candidates Senator Elizabeth Warren and Senator Bernie Sanders would impose an annual tax on the net worth…

DOWNLOAD SUMMARY: There is growing concern that current US transfer and social welfare programs are ill-equipped to address widening income inequality, stagnant income growth, declining economic mobility, and…

DOWNLOAD SUMMARY: Policymakers and political candidates are expressing renewed interest in expanding the role of government in increasing access to and affordability of health care for all Americans….

DOWNLOAD SUMMARY: US productivity growth¬—the engine of long-run wage growth—has been lackluster for the past decade. Meanwhile, US public investment in research and development (R&D), is near…

DOWNLOAD SUMMARY: The U.S. budget trajectory is in uncharted territory. The country faces a structural deficit, accrued the largest increase in debt on record during the current economic…

DOWNLOAD SUMMARY: 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…

DOWNLOAD SUMMARY: Measures of market concentration in many U.S. industries have been rising for nearly four decades. Since the early 2000s, these trends have coincided with a falling…

DOWNLOAD A national debate about the strength and fairness of American capitalism is taking place against a backdrop of vast levels of income and wealth inequality, growing pessimism about…

DOWNLOAD The American economic system has always been the foundation of our national strength. But this foundation is showing cracks—from high levels of income inequality, declining economic mobility, and…

DOWNLOAD Incarceration rates in the United States have more than tripled in recent decades as rehabilitation has gradually taken a back seat to a policy agenda…

DOWNLOAD Career and technical education (CTE) is widely viewed as an important alternative to traditional four-year colleges, a means of increasing the earnings of U.S.workers, and…

DOWNLOAD Labor force participation among prime-age workers has been declining for many decades. This memo aims to provide policy makers with a useful framework for thinking…

DOWNLOAD Economic and technological change has made lifelong learning more important than ever and partly explains the rise of online education, the flexibility of which appeals…

DOWNLOAD In the face of continued low employment, stagnant wages, persistent poverty, and rising inequality, minimum wage increases will likely continue to hold appeal as a…

DOWNLOAD Globalization and technological innovation have intensified the demand for college- educated workers. In 2017, college graduates earned 65% more than non-college- educated workers and were…

DOWNLOAD Much of the public debate in recent years suggests that wages are not primarily determined by productivity. Indeed, the argument that the link between compensation…

DOWNLOAD The pursuit of economic opportunity for all Americans is as important to the health of the country’s economy as it is to the strength of its…

DOWNLOAD The U.S. economy in recent years has been characterized by slow average productivity growth and increasing productivity dispersion within industries. These trends have coincided with…

DOWNLOAD Based on several leading economic indicators, most notably rates of employment in the labor force among less skilled men, residents of rural America are much…

DOWNLOAD The 2016 election heightened an ongoing debate in the United States about how best to respond to two of the foremost economic challenges of the…

DOWNLOAD In this chapter, authors Jason Furman and Phillip Swagel propose two alternative policy options for promoting increased earnings and employment of low-income households: expanding the…

DOWNLOAD Dramatic differences in income, productivity, and housing costs within the United States make geographic mobility important for spreading prosperity. But Americans’ ability to move to…