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MAR 4, 2016

Weekend reading: Our new working paper series, UI extensions, and more

Weekend reading: the fiscal multipliers, childcare, and maximum employment edition

Abstract

This is a weekly post we publish on Fridays with links to articles that touch on economic inequality and growth. The first section is a round-up of what Equitable Growth has published this week and the second is work we’re highlighting from elsewhere. We won’t be the first to share these articles, but we hope by taking a look back at the whole week, we can put them in context.

Equitable Growth round-up

Equitable Growth launched (opens in a new tab) our working paper series this week, which will feature research by our grantees, our in-house researchers, and other researchers in our network. The first three papers cover school finance reform, labor standards in the restaurant industry (opens in a new tab), and econometric techniques.

There’s a still-simmering debate among left-leaning economists about the potential impact of Sen. Bernie Sanders’ economic plan. But as Heather Boushey points out, researchers and policymakers shouldn’t ignore the important role of policy that focuses on supporting care and work-life balance.

Extending the duration of unemployment insurance benefits during a recession increases the unemployment rate. But looking at studies that only consider the first step of the process misses something important: Less job searching can help more unemployed workers find jobs.

U.S. business investment is weak. Productivity growth is slow. Our companies are less dynamic than in the past. All of these trends are intertwined and in ways that researchers and policymakers don’t quite understand. If we care about economic growth, we need to pay more attention to these trends.

Friday figure

 

Figure from “History shows why New Hampshire has room for higher minimum wages” by Ben Zipperer.

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