09/22/2021

News

The New Wave of Local Minimum Wage Policies: Evidence from Six Cities

This report advances the discussion of high local minimum wages by using both event study and synthetic control methods, and by expanding our analysis to the effects in six cities that were early movers: Chicago, District of Columbia, Oakland, San Francisco, San Jose and Seattle. At the end of 2016 (the last year in our […]

Research & Studies
Read More

Work and opportunity before and after incarceration

The tax code provides subsidies for employers to hire ex-felons, to promote employment among low-income workers, and to encourage economic opportunity in distressed areas. These incentives are motivated to different degrees by a belief that economic opportunity facilitates successful reintegration of ex-felons and deters entry into crime. In this paper, we offer a more comprehensive […]

Research & Studies
Read More

The Transformer of Autonomous Farmbots Can Do 100 Jobs on Its Own

The first fully autonomous ground vehicles hitting the market aren’t cars or delivery trucks—they’re ­robo­-farmhands. The Dot Power Platform is a prime example of an explosion in advanced agricultural technology, which Goldman Sachs predicts will raise crop yields 70 percent by 2050. But Dot isn’t just a tractor that can drive without a human for […]

Read More

Do Ban the Box Laws Increase Crime?

Ban-the-box (BTB) laws, which prevent employers from asking prospective employees about their criminal histories at initial job screenings, have been adopted by 25 states and the District of Columbia. Using data from the National Incident-Based Reporting System, the Uniform Crime Reports, and the National Longitudinal Survey of Youth 1997, this study is the first to […]

Read More

Defining and Measuring the Digital Economy

This paper, made possible by support from the Commerce Department’s National Telecommunications and Information Administration (NTIA), describes the work of the Bureau of Economic Analysis (BEA) to develop estimates towards the construction of a new digital economy satellite account. These estimates are the first step to a comprehensive measure of the contribution of the digital […]

Read More

The Rising Cost of College: Student Fees

Students, parents, and lawmakers often express concern about tuition increases at California’s public universities. But tuition is not the only college cost that has been rising. Students also pay fees that cover many non-instructional costs, and between 2013 and 2016, student fees increased an average of 21% at both the UC and CSU systems, even […]

Read More

After 40 Years, the Black-White Labor Force Participation Gap Has All But Closed

Black labor-force participation—meaning the number of people working or looking for work—is trending up, while broader participation in the U.S., particularly among whites, has flattened after falling. Participation by race is now near a crossroad. The share of black Americans actively working or looking for work was 62.9% in February, while the corresponding white rate […]

Site has paywall
Read More

Weak Consumer Spending Presents a Puzzle

The U.S. job market is booming and workers’ paychecks are growing thanks to a tax cut and raises. But Americans hunkered down on spending last month, a puzzle for an economy that leans heavily on their willingness to consume. Sales at U.S. retailers fell 0.1% in February, marking a three-month slide. Much of the decline […]

Site has paywall
Read More

Solving the productivity puzzle

Nine years into recovery from the Great Recession, labor-productivity-growth rates remain near historic lows across many advanced economies. Productivity growth is crucial to increase wages and living standards, and helps raise the purchasing power of consumers to grow demand for goods and services. Therefore, slowing labor productivity growth heightens concerns at a time when aging […]

Research & Studies
Read More