Working Paper—The popular EITC program is credited with encouraging employment and reducing poverty. But a SCEPA working paper suggests it may also reduce wages for low-education workers, including older workers who do not receive EITC benefits at the same rate as younger workers.
Brief— Working longer is often proposed as the solution to the retirement crisis caused by older workers’ lack of retirement assets, but new research from SCEPA's ReLab shows this assumption doesn't match older workers' real experiences in the labor market.
In a forthcoming book about cities and inequality, SCEPA Senior Fellow Rick McGahey examines how economists think about cities, what they typically leave out, and what this tells us about the future for urban hubs such as New York City.
Research note— New research shows that even before the COVID-19 recession, only 36% of workers ages 25-64 were participating in a retirement plan at work, a five percentage point decrease from five years prior.
Brief— SCEPA’s latest policy note by Senior Fellow William M. Rodgers III, former chief economist at the US Department of Labor, highlights a potential headwind to recovery from COVID-19. His findings show that states which lean or are solidly Republican re-opened sooner than Democratic states, and their testing and infection data are “trending poorly.”
Pandemics are political, social, and health crises. This course examines the economic policy and microeconomics surrounding the economic crisis spurned by the novel-coronavirus. Explore social and economic issues which policy making would need to address in the midst of an unfolding pandemic recession.