PUBLICATIONS

After suffering the worst economic shock since the Great Depression last year, the American economy is recovering in fits and starts. While many businesses are reopening their doors and thriving, others are struggling with tenuous demand, supply constraints, and…

Job loss during recessions can have long-lasting, negative consequences for workers and their families. In particular, long-term unemployment—and the associated exhaustion of unemployment insurance (UI) benefits—is associated with sustained income loss and increases in poverty. Workers who are less-educated,…

The COVID-19 pandemic triggered an economic shock unparalleled in severity and breadth across the US economy since at least the Great Depression. The spring of 2020 saw unprecedented business closures and revenue declines. The government response was swift and…

Despite decades of federal and state policy reforms and major philanthropic investments, there are still glaring deficiencies and inequities across the US K-12 education system. In “Addressing Inequities in the US K-12 Education System,” economists Nora Gordon of Georgetown…

The United States’ approach to trade policy and international engagement is in a period of transition. An AESG report titled “America and International Trade Cooperation,” written by economist Chad P. Bown of the Peterson Institute for International Economics, provides…

The past year has brought an unprecedented change in the way Americans work, with millions of workers working from home and connecting to colleagues and clients virtually. In an AESG report titled “Internet Access and its Implications for Productivity,…

Economists Severin Borenstein (Berkeley Haas School of Business) and Ryan Kellogg (University of Chicago Harris School of Public Policy) discuss the major barriers that need to be overcome in order to successfully execute a transition to a reliable low-carbon…

Benjamin Jones (Kellogg School of Management at Northwestern University) argues that the United States is vastly underinvesting in science and innovation, hindering productivity growth. He presents evidence that…

THE ECONOMICS OF FEDERAL INFRASTRUCTURE INVESTMENT Bipartisan support for new infrastructure spending reflects a consensus view that well- chosen infrastructure investments would enhance American economic competitiveness and increase the economy’s productive capacity. Sound investments also have the potential to accelerate…