The implications of the pandemic. New essays from the Hamilton Project at Brookings explore how COVID-19 could fundamentally change the U.S. economy. Read a summary of key findings from Wendy Edelberg and Jay Shambaugh or see the three full essays below.
The nature of work after the crisis. Has the pandemic changed conventional wisdom about automation and inequality in the United States? David Autor and Elisabeth Reynolds make four projections about a rapidly automating post-COVID-19 economy.
Competition and productivity. The economic crisis is changing the business landscape, exacerbating concerns about the state of competition in the U.S. economy. Nancy Rose predicts that with more firm exits and fewer new businesses entrants today, tomorrow's product and labor markets may be less competitive and productive.
Assessing labor market outcomes. Just as the Great Recession disrupted the labor market attachment of millions of workers, a similar phenomenon will likely occur as a result of the current recession. Betsey Stevenson explores the many ways the COVID-19 recession has affected the U.S. labor market.