inequality - The New School SCEPA
Schwartz Lecture by Atlanta Fed President Raphael Bostic Provokes Rich Dialogue | In these times of broadening precarity, how can Americans build wealth, economic mobility, and security as they grow older? What can policymakers do to give financially fragile aging Americans a fighting chance, and build greater economic equality? This crucial question was the focus of this year’s Schwartz Lecture, by Dr. Raphael Bostic, president of the Federal Reserve Bank of Atlanta.
The Schwartz Lecture is an annual event within the Economics Department at The New School for Social Research that features a major public figure in economic policy. Dr. Raphael Bostic, President and CEO of the Federal Reserve Bank of Atlanta, delivered the 2023 Schwartz Lecture.
Working Paper—A group of professors, graduate students, and fellows at The New School for Social Research's Department of Economics assess economic research and teaching in the United States and identify three major barriers to the successful adoption of alternative economic theories in academia and the public discourse.
Amid reports of bulk ballot collection, fake ballot boxes, voter intimidation and other potential efforts to manipulate or cast doubts on the voting process in the U.S. 2020 election, The Schwartz Center for Economic Policy Analysis (SCEPA) hosts a conversation with Jessica Pisano, Associate Professor of Politics at The New School for Social Research.
Much like the United States, the Brazilian government was slow to react to the virus, and Brazil joined us as one of the global epicenters of COVID-19 cases and deaths. New research shows that, also like the States, pre-existing inequities in living and working conditions along racial, educational, and class lines are at the root of the higher infection and mortality rates observed in low-income and non-white communities. The research also shows that without government aid, COVID exacerbates inequality.
Last updated July 20, 2020.
A compendium of economic thoughts and policy recommendations in response to the coronavirus.
Brief— Social Security benefits are progressive and reduce the unequal distribution of retirement wealth generated by a broken employer-based retirement systemSocial Security benefits are progressive and reduce the unequal distribution of retirement wealth generated by a broken employer-based retirement system.
Teresa Ghilarducci, labor economist and director of SCEPA's Retirement Equity Lab (ReLab), made the following statement regarding Congressional Republicans' proposal to cut contribution limits for 401(k) retirement savings contributions:
What is the “retirement wealth inequality machine?”
This policy note shows how the current system of tax deferral for retirement contributions contributes to wealth inequality.
This paper supports the need to focus not only on ensuring Social Security’s solvency for future generations, but building the program’s ability to support all working Americans.
There are well-known problems with traditional approaches to measuring well-being and the authors introduce a simple alternative.
GDP per capita and the Human Development Index are known measures of development, but are averages and thus conceal wide disparities in the overall population.
The U.S. national income and product accounts are restated in the form of a social accounting matrix or SAM.
Authors use demand-driven models of economic growth and inequality to conclude US household wealth concentration is not likely to decline in response to fiscal interventions alone.
Unemployment and employment rates are the conventional indicators used to measure economic and labor market performance.
The Cambridge UK vs USA capital theory debates of the 1960s showed that the workhorse mainstream growth model relies on unsustainable assumptions.
Working paper — Two of today’s most contentious policy issues are income inequality and the future of Social Security.