More from Economic Studies
What is the repo market and why does it matter? Jeffrey Cheng and David Wessel explain how the repurchase agreement, or "repo," market works, why the repo rate spiked in September 2019, and what the Federal Reserve is doing about it.
Whose wages are rising and why? In a new piece for Policy 2020, Ryan Nunn and Jay Shambaugh explain why wage growth for the typical American worker has been so weak for the last 40 years and outline policies to boost growth.
Capping interest rates on consumer loans. In 2016, South Dakota voted to limit consumer loan interest rates to 36%, reining in payday lenders who had previously charged up to 574% interest. A new report explores the long-term impact of this policy.
How can economics solve its race problem? Reflecting on a panel he participated in at this year's Allied Social Science Association annual meetings, Randall Akee suggests steps the economics profession can take to increase awareness of biases and promote inclusivity.
Slow productivity growth in advanced economies. A new report from Martin Neil Baily, Barry Bosworth, and Siddhi Doshi explores the pattern of productivity growth in the United States, Japan, and Germany, the three largest mature economies.
Healthcare subsidies and lagging middle class income growth. Between 1979 and 2016, the bottom 20 percent of earners saw income growth of 84%, while middle class incomes grew by only 47%. Isabel Sawhill and Chris Pulliam explore whether the inclusion of healthcare subsidies in calculations could explain this gap.
