Maxwell School News and Commentary
Filtered by: Economic Policy
Mitra Piece on India's Development Policy Challenge Published by the 1991 Project
“While it [India] has acquired some economic and political heft in global affairs on account of its large economy, it must rapidly raise the economic fortunes of the average Indian. Its current demographic situation makes this necessary. It is crucial that the country find productive employment for its young and rapidly expanding labor force in a way that fulfills the aspirations of these new workers,” writes Devashish Mitra, professor of economics.
See related: Economic Policy, India, Infrastructure, Labor, Trade
Black Representation and the Popular Legitimacy of the Federal Reserve
“Black representation and the popular legitimacy of the Federal Reserve,” co-authored by Professor of Political Science Daniel McDowell, was published in the European Journal of Political Economy.
See related: Black, Economic Policy, United States
Monarch Discusses the Effects of Trump’s Presidential Economic Agenda in GOBankingRates Article
“These policies include mass deportation of undocumented immigrants and greatly reduced entry visas for working immigrants,” says Ryan Monarch, assistant professor of economics. “These policies would also lead to higher prices for everything from housing to groceries, as reduced labor supply in construction, agriculture and other sectors would lead to higher costs throughout the economy.“
See related: Economic Policy, Federal, Income, Labor, Tariffs, Trade, U.S. Immigration, United States
Engelhardt Provides Expertise in CNN Article on Trump’s False Claims During the Debate
“Immigrants tend to be younger and employed, which increases the number of workers paying into the system. Also, they have more children, which helps boost the future workforce that will pay payroll taxes,” says Gary Engelhardt, professor of economics, in response to Trump's statement that Biden will destroy Social Security and Medicare by putting migrants entering the U.S. on the benefits.
See related: Economic Policy, U.S. Elections, U.S. Immigration, United States
Golden Article on the Implications of EVs on State Budgets Published in Governing
See related: Infrastructure, State & Local, Taxation, United States
Assessing the Potential for Incentives to Raise Prices in Multi-Sided Platform Mergers
“Assessing the Potential for Incentives to Raise Prices in Multi-Sided Platform Mergers,” co-authored by Associate Professor of Economics Áron Tóbiás, was published by American Bar Association Antitrust Law Section.
See related: Economic Policy
Mitra Weighs In on the Issue of Wealth Taxation in India in Al Jazeera Article
Devashish Mitra, professor of economics, says that some wealth distribution “might not be a bad idea.” But, he adds, “it is a politically contentious issue, and there might be political problems in enacting any kind of means to redistribute wealth.’’
See related: Economic Policy, Elections, Government, India
McDowell Discusses Sanctions Circumvention on The Sanctions Age Podcast
“De-dollarization is sort of a hedging exercise. It's preparing for that potential instance of sanctions in the future or adapting to the current sanctions that you're facing but it is real, it's happening and it does have important implications for the U.S. and for the world,” says Daniel McDowell, associate professor of political science.
See related: China, Economic Policy, International Affairs, Russia, United States
Taking Stock of Trade Policy Uncertainty: Evidence From China’s Pre-WTO Accession
“Taking Stock of Trade Policy Uncertainty: Evidence From China’s Pre-WTO Accession,” co-authored by Assistant Professor of Economics Shafaat Yar Khan, was published in the Journal of International Economics.
See related: China, Economic Policy, International Affairs, Trade, United States
Engelhardt Talks to NPR About Baby Boomers and the Housing Market
"You've got a pure housing mismatch for older homeowners. They are mismatched physically or functionally with the house that they're in," says Gary Engelhardt, professor of economics. "That's because it's multifloor living. It's stairs. It's also other upkeep."
See related: Aging, Economic Policy, Housing, United States