Insights Blog
Fearing A Commercial Real Estate 'Apocalypse'
With more people working remotely, commercial real estate is facing an increasingly dire situation and some real estate professionals say the market is being sharply divided "into haves and have-nots."
Brief— SCEPA's research finds nearly 1.5 million low-income older workers would benefit from an expansion of the popular Earned Income Tax Credit (EITC) program. The report—released by our Retirement Equity Lab (ReLab)—finds without expanding the EITC, the program actually lowers wages among non-educated workers, especially those over 55.
Research Note— New research shows that even before the COVID-19 recession, 55.3 percent of workers age 55 and up in the bottom half of the income distribution were forced to leave the workforce and 32.4 percent in the next 40% of the income distribution – the middle class – were forced out of work in old age.
(This article initially appeared in a Forbes column authored by SCEPA Director Teresa Ghilarducci)
This year’s materials for the G20 Summit include a SCEPA research paper co-written by Willi Semmler, the Director of SCEPA’s Economics of Climate Change project. The paper investigates how to recover the European Union (EU)’s sense of common aims after the Covid-19 crisis to address challenges such as long-term scarring of the labor market, Climate Change, European social and health care system and sustainability of sovereign debt.
The World Bank published a report authored by a team of New School economists that investigates fiscal policies to help us move from a high-carbon economy to a low-carbon economy while minimizing financial instability.
Continuing a 25-year tradition of providing economic insights for a more equitable society
