Found 357 article(s) in category 'Jobs and Unemployment'

Is tax reform working? Not if you’re a worker in need of a raise

Is tax reform working? Not if you’re a worker in need of a raise. Jason Furman, July 10, 2018, Opinion, “We now have about six months of macroeconomic data since the passage of the 2017 tax cut, reform, scam, or whatever you want to call it — since the “Tax Cut and Jobs Act” name was removed in the amendment process.Link

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Ed Glaeser on the Future of Employment, Inequality, Poverty, and Joblessness in America

Ed Glaeser on the Future of Employment, Inequality, Poverty, and Joblessness in America July 2018. GrowthPolicy’s Devjani Roy interviewed Ed Glaeser, the Fred and Eleanor Glimp Professor of Economics at Harvard University, on the future of employment, inequality, poverty, and joblessness in America. | Click here for more interviews like this one. Links: Ed Glaeser’s […]

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A jobs guarantee — progressives’ latest big idea

A jobs guarantee — progressives’ latest big idea. Lawrence Summers, July 2, 2018, Opinion, “The percentage of US workers, or those seeking employment, aged 25-54 has declined over the past two decades. The impulse behind the latest “big” progressive idea of offering job guarantees is entirely valid. Studies show that those without jobs are much more likely to be dissatisfied with their lives, to become addicted to alcohol or drugs, and to be abusive within their family than even those working at low wages they find inadequate.Link

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Productivity and Pay: Is the Link Broken?

Productivity and Pay: Is the Link Broken? Lawrence Summers, June 2018, Paper, “Since 1973 median compensation in the United States has diverged starkly from average labor productivity. Since 2000, average compensation has also begun to diverge from labor productivity. These divergences lead to the question: Holding all else equal, to what extent does productivity growth translate into compensation growth for typical American workers? We investigate this, regressing median, average, and  production/nonsupervisory compensation growth on productivity growth in various specifications. We find substantial evidence of linkage between productivity and compensation…Link

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Jonathan Zittrain on Information Privacy, the Future of Jobs, and the Changing Role of Technology Companies

Jonathan Zittrain on Information Privacy, the Future of Jobs, and the Changing Role of Technology Companies June 2018. GrowthPolicy’s Devjani Roy interviewed Jonathan Zittrain, the George Bemis Professor of International Law at Harvard Law School and Harvard Kennedy School, Professor of Computer Science at the Harvard School of Engineering and Applied Sciences, Director of the […]

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The Fed Can’t Save Jobs From AI and Robots

The Fed Can’t Save Jobs From AI and Robots. Martin Feldstein, June 10, 2018, Opinion, “The day is coming, experts tell us, when artificial intelligence and robotics will massively disrupt the labor market. Autonomous vehicles will put 3.5 million truck drivers at risk of losing their jobs. Checkout machines may replace 3.4 million retail cashiers. That is only the beginning of the long list of jobs that will be destroyed by technological change.Link

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Including the Excluded: Supporting Informal Workers for More Equal and Productive Cities in the Global South

Including the Excluded: Supporting Informal Workers for More Equal and Productive Cities in the Global South. Martha Chen, May 2018, Paper, “The informal economy accounts for 50 to 80 percent of urban
employment in cities across the global South. Informal employment comprises over three-quarters of urban employment in Africa, over half of urban employment in Asia and the Pacific, and just under half of urban employment in Latin America and the Caribbean.Link

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Pension Policy and the Financial System

Pension Policy and the Financial System. David Scharfstein, May 2018, Paper, “This paper examines the effect of pension policy on the structure of financial systems around the world. In particular, I explore the hypothesis that policies that promote pension savings also promote the development of capital markets. I present a model that endogenizes the extent to which savings are intermediated through banks or capital markets, and derive implications for corporate finance, household finance, banking, and the size of the financial sector. I then present a number of facts that are broadly consistent with the theory and examine a variety of alternative explanations of my findings.Link

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Annette Gordon-Reed on inequality, Thomas Jefferson in the twenty-first century, and the future of the U.S. Constitution

Annette Gordon-Reed on inequality, Thomas Jefferson in the twenty-first century, and the future of the U.S. Constitution May 2018. GrowthPolicy’s Devjani Roy interviewed Annette Gordon-Reed, the Charles Warren Professor of American Legal History at Harvard Law School and Professor of History in the Faculty of Arts and Sciences at Harvard University, celebrated Thomas Jefferson biographer, […]

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