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Brookings Econ

@BrookingsEcon

7 years

Obama will leave office after 75 straight months of positive jobs growth:

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Brookings Econ

@BrookingsEcon

7 years

Repealing the ACA's tax on high income households and hospitals would exhaust the Medicare Trust fund by 2024

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Brookings Econ

@BrookingsEcon

7 years

Sesame Street will surely survive Trump's budget cuts, but not in a way that allows low-income children to watch:

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Brookings Econ

@BrookingsEcon

7 years

Since 2000, increase in deaths of despair for white men & women has spread across the US: #BPEA

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Brookings Econ

@BrookingsEcon

4 years

“Good outcomes really are possible. It wasn’t the case that we all got hit with this thing and we all had bad outcomes,” said @ChadJonesEcon RE: his #BPEA study on macroeconomics of #COVID19 . Read it: & watch the presentation live:

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Brookings Econ

@BrookingsEcon

7 years

The more economically exclusive the university, the more likely the students have attempted to hinder free speech

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Brookings Econ

@BrookingsEcon

9 years

91% of the unemployed haven't been paid unemployment, says Varoufakis. How much more deregulation does #GreekEconomy labor market need?

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Brookings Econ

@BrookingsEcon

7 years

In 2016, 6% of the federal budget went toward paying interest on debt:

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Brookings Econ

@BrookingsEcon

7 years

Bernanke, Geithner, Paulson to lead new project explaining decisions of financial crisis first responders:

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Brookings Econ

@BrookingsEcon

4 years

"Congress literally did not know what it was doing until Alice Rivlin became the first head of the newly formed Congressional Budget Office in 1975." - @Lawrence on @TheLastWord (5/8)

Lawrence remembers Alice Rivlin

Congress didn't know what it was doing until Alice Rivlin told them.

www.msnbc.com

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Brookings Econ

@BrookingsEcon

2 years

"[Abortion] access affects women's education, earnings, careers, and the subsequent life outcomes for their children." - @Caitlin_K_Myers & Morgan Welch Read more on what economic research can tell us about the effect of abortion access on women’s lives ->

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Brookings Econ

@BrookingsEcon

7 years

Repealing the ACA's tax on high income households and hospitals would exhaust the Medicare Trust fund by 2024

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Brookings Econ

@BrookingsEcon

4 years

Alice Rivlin was a pioneering economist, a devoted civil servant, and a cherished member of the Brookings community for over 60 years. On the anniversary of her passing, we are honored to share her legacy. (1/8)

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Brookings Econ

@BrookingsEcon

8 years

Women earn the majority of degrees, yet continue to earn less than men #WomenWithDegrees

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Brookings Econ

@BrookingsEcon

4 years

Check out @FortuneMagazine 's list of Black economists to know, including @BrookingsEcon scholar Susan Collins and recent contributors @drlisadcook , @TrevonDLogan , @DarrickHamilton & @SandyDarity

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Brookings Econ

@BrookingsEcon

3 years

In each of 37 states with available data, boys graduated high school at a lower rate than girls. @RichardvReeves , @buckner_eliana , & @ember_smith call for better national data on the gender gap in graduation rates. Read more:

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Brookings Econ

@BrookingsEcon

6 years

"Very simply, there is little evidence that Trump’s policies have raised the pace of growth in the job market beyond what was happening in 2015 and 2016."

One year in: Has Trump been good for US workers? | Brookings

Harry Holzer reviews whether President Trump's presidency has been good for U.S. workers in its first year.

www.brookings.edu

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Brookings Econ

@BrookingsEcon

9 years

Ben Bernanke: More execs should have gone to jail for causing Great Recession http://t.co/kNNxISKBSb via @usatoday

Ben Bernanke: More execs should have gone to jail for causing Great Recession

Recalling hits and fouls as he battled the worst financial crisis since the Depression.

www.usatoday.com

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Brookings Econ

@BrookingsEcon

7 years

Black college grads have 2x the amount of debt as whites #MLKDay

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Brookings Econ

@BrookingsEcon

9 months

A paper by Gauti Eggertsson and Don Kohn concludes that the Fed’s substantial revisions to its monetary policy strategy in August 2020 and its forward guidance contributed to the largely unanticipated and unwelcome surge in inflation during the pandemic.

The inflation surge of the 2020s: The role of monetary policy | Brookings

The authors find that the Fed’s revisions to its monetary policy strategy in Aug. 2020 and its forward guidance contributed to the surge in inflation during the pandemic.

www.brookings.edu

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Brookings Econ

@BrookingsEcon

7 years

The estate tax exemption is the highest in history. Republicans want to raise it further:

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Brookings Econ

@BrookingsEcon

10 years

Poor kids who do things right don’t do better than richkids who do things wrong- @ObsoleteDogma http://t.co/gqhhSxxMpM http://t.co/RZiOSH2nEh

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Brookings Econ

@BrookingsEcon

4 years

New data show how the risks of #COVID19 are tied to income. @RichardvReeves & @jtrothwell break it down:

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Brookings Econ

@BrookingsEcon

7 years

Big city or small town? Doesn't matter. White Americans are dying by 55 across America—and it's getting worse:

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Brookings Econ

@BrookingsEcon

7 years

Nearly 1 in 3 Americans have been arrested by 23. What role do criminal records play in college admissions?

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Brookings Econ

@BrookingsEcon

6 years

In America you need two things to become an inventor: 1. You need to excel in Math & Science. 2. You need to come from a rich family. Raj Chetty discussing his latest findings on who becomes an inventor in America. Watch: #LostEinsteins

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Brookings Econ

@BrookingsEcon

7 years

Repealing the ACA's tax on high income households and hospitals would exhaust the Medicare Trust fund by 2024

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Brookings Econ

@BrookingsEcon

4 years

The average Black household has a net worth $800,000 lower than the average white household. @SandyDarity & Kirsten Mullen answer your questions on how #reparations could narrow America's racial wealth gap.

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Brookings Econ

@BrookingsEcon

8 years

Teen births have hit an all-time low: ↓ 35% (whites) ↓ 44% (blacks) ↓ 51% (Hispanics)

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Brookings Econ

@BrookingsEcon

7 years

Repealing the ACA's tax on high income households and hospitals would exhaust the Medicare Trust fund by 2024

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Brookings Econ

@BrookingsEcon

5 years

A plurality of registered voters support @AOC 's 70% top marginal tax rate, indicating there is strong support among Americans for increasing taxes on the wealthy and corporations. Will lawmakers listen? @isawhill @ChrisLPulliam

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Brookings Econ

@BrookingsEcon

4 years

If we gave each child living in poverty the average Social Security benefit received by a Social Security recipient age 65 and over, the rate of childhood poverty in this country would fall to less than 1%. Read more from @kearney_melissa

We could abolish child poverty in the U.S. with Social Security benefits for poor kids | Brookings

Melissa Kearney presents a data exercise on how we could almost eliminate US child poverty if we provided the same Social Security benefits we give to poor seniors to poor children.

www.brookings.edu

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Brookings Econ

@BrookingsEcon

2 years

Out now: In his new book, @RichardVReeves combs through data on education, employment, parenthood, and more to identify the structural challenges that face boys and men and innovative policy solutions. Order now ->

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Brookings Econ

@BrookingsEcon

5 years

How does infrastructure spending affect the economy? 1) Short-run: increases gov't consumption & gross investment 2) Long-run: provides a flow of services that are valuable to firms & households Andrew Haughout on how to spend when it's most needed:

Infrastructure investment as an automatic stabilizer | Brookings

Transportation infrastructure investment during economic downturns often occurs too slowly to help stabilize the economy. This report proposes a modification of the BUILD grant program that would...

www.brookings.edu

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Brookings Econ

@BrookingsEcon

1 year

Men are stuck on the source of meaning being from "their occupation, from their job, and from their income, which is why I think the loss of a job has a much bigger psychological impact on men than it does on women," said @RichardvReeves with @ezraklein .

‎The Ezra Klein Show: The Men — and Boys — Are Not Alright on Apple Podcasts

‎Show The Ezra Klein Show, Ep The Men — and Boys — Are Not Alright - Mar 10, 2023

podcasts.apple.com

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Brookings Econ

@BrookingsEcon

2 years

#ICYMI : @davidmwessel asked @BenBernanke about comparisons between the current economic situation and The Great Inflation of the 1970s. Watch the full event ->

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Brookings Econ

@BrookingsEcon

4 years

Miss out on @RepMaxineWaters & @SenSherrodBrown 's remarks this week on the lack of diversity among financial regulators? Full video available now:

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Brookings Econ

@BrookingsEcon

7 years

States have already tried Trump's health care order. It went badly:

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Brookings Econ

@BrookingsEcon

1 year

"If you’re serious about economic inequality and poverty, which a lot of people on the left would say they are, you really need to look at the boys and men, because they’re the ones who are struggling most," says @RichardvReeves . Via @nytimes / @ezraklein :

‎The Ezra Klein Show: The Men — and Boys — Are Not Alright on Apple Podcasts

‎Show The Ezra Klein Show, Ep The Men — and Boys — Are Not Alright - Mar 10, 2023

podcasts.apple.com

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Brookings Econ

@BrookingsEcon

7 years

The more economically exclusive the university, the more likely the students have attempted to hinder free speech

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Brookings Econ

@BrookingsEcon

7 years

Up now: @SenJeffMerkley speaking on #FintechReg and his concerns with helping families thrive

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Brookings Econ

@BrookingsEcon

6 years

In 1 in 4 marriages, wives boast higher educational credentials than their husbands:

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Brookings Econ

@BrookingsEcon

7 years

The AHCA would cut around 12% of the CDC's budget:

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Brookings Econ

@BrookingsEcon

2 years

New today: "Conservatorship was never meant to be a semi-permanent state" for Fannie and Freddie, writes @AaronDKlein in a recap of last week's #HousingFinance event. So how could it end?

Housing finance reform: The path forward gets rolling | Brookings

Aaron Klein discusses housing finance reform and recaps his event on the topic.

www.brookings.edu

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Brookings Econ

@BrookingsEcon

6 years

The Hutchins Center welcomes their new colleague Chair Yellen to Brookings. More here from @davidmwessel : #PopYourCollar

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Brookings Econ

@BrookingsEcon

2 years

Fannie Mae & Freddie Mac have been in government conservatorship for almost 14 yrs. Join @CRLMike , @AaronDKlein , @DennisCShea_ , @dianeyentel & more for a discussion on how that could end & what it would mean for American homeownership. #HousingFinance

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Brookings Econ

@BrookingsEcon

5 years

The central idea of neoliberal theory is that people are paid what they are worth. But does that still hold true? @isawhill questions the prevailing wisdom:

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Brookings Econ

@BrookingsEcon

6 years

Up to 20% of the decline in labor force participation could be attributed to the opioid crisis:

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Brookings Econ

@BrookingsEcon

7 months

Marriage is on the decline, especially among less affluent and lower-education households. In an excerpt from her new book, @kearney_melissa explains the impact of this trend on kids' long-term outcomes ->

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Brookings Econ

@BrookingsEcon

7 years

Over the last 15 years, the labor force participation rate fell more in counties where more opioids were prescribed:

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Brookings Econ

@BrookingsEcon

7 years

After 6 years of trying, Republicans haven't come up with an ACA alternative. Henry J. Aaron says they never will

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Brookings Econ

@BrookingsEcon

8 years

Internships are key to getting hired. But unpaid work disqualifies low-income students:

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Brookings Econ

@BrookingsEcon

7 years

In 2015, the US government paid roughly 43% of all retail prescription drug costs:

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Brookings Econ

@BrookingsEcon

3 years

At our recent event, @pqblair made the case for giving people without a college degree a chance to learn on the job (much like people WITH degrees do). Read the new summary of the event for more on the economy, #Automation , and the middle class:

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Brookings Econ

@BrookingsEcon

6 years

Nearly 40% of Americans who entered college between 2003-04 are projected to default on their loans by 2023:

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Brookings Econ

@BrookingsEcon

4 years

In 1959, 35% of those age 65 and over lived in poverty. Social Security has helped bring that number down to 8.9%. In her new analysis, @kearney_melissa asks: what if we gave the same benefits to the 14.4% of children living in poverty today?

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Brookings Econ

@BrookingsEcon

7 years

Research shows Sesame Street delivered benefits for low-income children at little cost. Trump's cuts will hurt them:

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Brookings Econ

@BrookingsEcon

6 years

One thing that stood out to us during our event with Janet Yellen: her skill as a storyteller. Here are a few of our favorites:

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Brookings Econ

@BrookingsEcon

5 years

Alice Rivlin was a cherished member of the Brookings community for more than sixty years, a trailblazer in the field of economic policy, and a civil servant of unparalleled devotion. We are deeply saddened by her passing. #AliceRivlin

The Brookings Institution

@BrookingsInst

5 years

1/ It is with great sadness that we announce the passing of Alice Rivlin, a beloved Brookings scholar, economist, and government official instrumental in improving federal decision-making, fiscal responsibility, and budget, health care, and tax reform.

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Brookings Econ

@BrookingsEcon

8 years

Trump's tax plan would cut federal revenues by $9.5 trillion & ↑ national debt by 80%: #debate

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Brookings Econ

@BrookingsEcon

3 years

Emmanuel Saez & @gabriel_zucman show that income and wealth inequality are growing, and taxes are becoming less progressive. In 2018, the top 1% of earners received 19% of pre-tax US income and the top 0.1% wealthiest individuals held 18% of all wealth.

The Rise of Income and Wealth Inequality in America: Evidence from Distributional Macroeconomic...

(Fall 2020) - This paper studies inequality in America through the lens of distributional macroeconomic accounts—comprehensive distributions of the aggregate amount of income and wealth recorded in...

www.aeaweb.org

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Brookings Econ

@BrookingsEcon

2 years

How can we ensure innovation creates value and increases social welfare? Join the discussion on 3/7 w/ @akorinek ( @BrookingsInst ) & @JosephEStiglitz ( @Columbia ) -> #FutureOfAI

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Brookings Econ

@BrookingsEcon

4 years

In a followup to our April webinar, @sandydarity & Kirsten Mullen answer nine of your questions on reparations, from how it would work to the impact it would have:

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Brookings Econ

@BrookingsEcon

5 years

Join us on June 26 for a public discussion and reception celebrating the wide-ranging work of Alan Krueger, with introduction by @BenBernanke . Event details:

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Brookings Econ

@BrookingsEcon

5 years

Hey #EconTwitter , for #NationalHaikuDay give us your best econ-related haikus. We'll start: Taxes, rates and more What is moving the markets? Animal spirits

Tax Policy Center

@TaxPolicyCenter

5 years

Is it specific? Mention how and who will pay? Take seriously. #NationalHaikuDay

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Brookings Econ

@BrookingsEcon

4 years

In new analysis, @Jenny_Schuetz finds that, "Put simply, high housing costs in exclusive neighborhoods are a major obstacle to racial integration and economic mobility."

Exclusive communities deepen inequality in every metro area | Brookings

High housing costs in exclusive neighborhoods are a major obstacle to racial integration and economic mobility.

www.brookings.edu

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Brookings Econ

@BrookingsEcon

6 years

Up to 20% of the decline in labor force participation could be attributed to the opioid crisis:

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Brookings Econ

@BrookingsEcon

8 years

"Dear Justice Scalia, black students do very well at top colleges." - @jtrothwell

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Brookings Econ

@BrookingsEcon

8 years

Engines of economic growth are changing. The next 25 years won't be like the last:

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Brookings Econ

@BrookingsEcon

6 years

While rent control appears to help in the short-run, it decreases affordability, fuels gentrification, and creates negative spillovers on the surrounding neighborhood in the long run.

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Brookings Econ

@BrookingsEcon

9 years

How to defeat poverty: ☝ 1. Raise the income of those w/ low incomes ✌ 2. Reduce effects of having low income http://t.co/LjqMPUniyw

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Brookings Econ

@BrookingsEcon

6 years

Under the tax plan, if a plumber makes $60,000 a year as wages paid by an employer, he or she will pay 60 percent more in income taxes than if that plumber had been a sole proprietor or self-employed and takes advantage of the pass-through rate:

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Brookings Econ

@BrookingsEcon

7 years

Repealing the ACA's tax on high income households and hospitals would exhaust the Medicare Trust fund by 2024

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Brookings Econ

@BrookingsEcon

6 years

"Any country that out-educates us will out-compete us.” Watch video from Vice President Biden's remarks at Brookings:

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Brookings Econ

@BrookingsEcon

7 years

U.S. investment on new infrastructure (minus the deterioration of old) is 0.5% of GDP. Will that change in 2017?

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Brookings Econ

@BrookingsEcon

3 years

Monday: @ayjchan of @broadinstitute & @mlipsitch of @CCDD_HSPH join @Sanjay_patnaik for a discussion on policy steps governments can take to avoid future pandemics. Register at: #COVIDorigin

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Brookings Econ

@BrookingsEcon

8 years

A 10% ↑ in the population aged 60+ and older ↓ the growth rate of per capita GDP by 5.5%:

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Brookings Econ

@BrookingsEcon

2 years

This Tuesday, @RepPressley will open a discussion of credit scores, how to improve them, and whether there’s a better way to allocate credit. Submit your Qs for our expert panel w/ #CreditScore or at

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Brookings Econ

@BrookingsEcon

5 years

Former Fed Chair Janet Yellen has been watching recent developments in financial regulation with substantial concern. We asked her to elaborate on these concerns.

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Brookings Econ

@BrookingsEcon

3 years

Thank you to @ayjchan & @mlipsitch for joining today's #COVIDOrigin discussion w/ @sanjay_patnaik - if you missed it, watch the full conversation below!

Why understanding the origin of COVID-19 is essential for policymakers: Discussing future regulat...

On Monday, June 7, Brookings Center on Regulation and Markets (CRM) hosted two experts to explore the specific policy steps governments can take to mitigate the risks for future pandemics.

www.brookings.edu

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Brookings Econ

@BrookingsEcon

1 year

New research authored by Amy Finkelstein ( @MIT ), @casey_mcquillan ( @Princeton ), @omzidar ( @Princeton ), and Eric Zwick ( @UChicago ) quantifies the “health wedge” that contributes to lower pay and employment rates for non-college educated workers ->

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Brookings Econ

@BrookingsEcon

4 years

. @CamilleBusette gives 5 steps mayors and governors can take to increase equity and eliminate racism via @BrookingsGov

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@BrookingsEcon

8 years

66% of black children live in America's poorest neighborhoods vs. 6% of white children:

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@BrookingsEcon

5 years

. @JohnDelaney advocating for a carbon tax. Learn more about bipartisan carbon pricing proposals aimed at reducing the risk of dangerous climatic disruption. #DemDebate

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@BrookingsEcon

6 years

Financial crises are damaging to growth and employment. These 8 actions could help minimize their impact:

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@BrookingsEcon

8 years

Bernanke: The Fed’s balance sheet has roughly quintupled since the financial crisis.

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@BrookingsEcon

4 years

Join us 7/29 for a conversation with Acting Comptroller of the Currency @BrianBrooksOCC on how to improve America’s payment system and accelerate the velocity of money. Submit your questions with #FixPayments

Fixing America’s payment system: The role of banks and fintech | Brookings

On Wednesday, July 29, the Brookings Center on Regulation and Markets hosted Acting Comptroller of the Currency Brian Brooks to present his ideas on how to improve America's payment system and...

www.brookings.edu

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Brookings Econ

@BrookingsEcon

4 years

"Capitalism is the right way to organize an economy, but it’s not a good way to organize a society." More from @isawhill :

Democracy is in deeper trouble than capitalism | Brookings

Isabel V. Sawhill explores the question, "do democracy and capitalism need each other?" finding that, a careful balance is needed for our society to flourish - and recent dissatisfaction with...

www.brookings.edu

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Brookings Econ

@BrookingsEcon

2 years

Fannie Mae & Freddie Mac have been in government conservatorship for almost 14 yrs. Join @CRLMike , @AaronDKlein , @DennisCShea_ , @dianeyentel & more for a discussion on how that could end & what it would mean for American homeownership. #HousingFinance

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Brookings Econ

@BrookingsEcon

4 years

New #BPEA study suggests that non-economic interventions (limits on large gatherings, PPE & social distancing, etc) are the most effective response to a #COVID19 second wave. See the paper and tune in for discussion now! @DBaqaee @michaelmina_lab

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Brookings Econ

@BrookingsEcon

8 years

Teen births have hit an all-time low: ↓ 35% (whites) ↓ 44% (blacks) ↓ 51% (Hispanics)

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Brookings Econ

@BrookingsEcon

1 year

New research authored by Amy Finkelstein ( @MIT ), @casey_mcquillan ( @Princeton ), @omzidar ( @Princeton ), and Eric Zwick ( @UChicago ) quantifies the “health wedge” that contributes to lower pay and employment rates for non-college educated workers ->

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Brookings Econ

@BrookingsEcon

8 years

% of kids at the bottom who rise to the top: - 7.5% (US) - 9% (UK) - 13.5% (Canada)

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Brookings Econ

@BrookingsEcon

4 years

New research from @erikbryn & @avi_collis suggests that there has been a substantial increase in well-being that is missed by traditional metrics like GDP or productivity. Read it now:

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Brookings Econ

@BrookingsEcon

6 years

Chetty: If girls were as exposed to female inventors as boys are exposed to male inventors, the gender gap in innovation would fall by half #LostEinsteins

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Brookings Econ

@BrookingsEcon

6 years

Being poor is expensive. @Aarondklein on how the low-income subsidize wealthier consumers in a vicious income inequality cycle:

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@BrookingsEcon

8 years

Trump’s plan would provide massive tax cuts for the rich, undercut every progressive feature of the tax code #debate

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@BrookingsEcon

8 years

Immigrants are now 2x as likely to start a new business as native-born Americans: #debate

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@BrookingsEcon

9 years

Obesity accounts for fully 21% of all US medical expenditures, translating to $215B/year in overall economic impacts: http://t.co/uOesAZujkN

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@BrookingsEcon

6 years

We just published 5 new papers in the Fall 2018 edition of the Brookings Papers on Economic Activity. Authors include @benbernanke , @BostonFed President Eric Rosengren, and more. Read them all here: #BPEA

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