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covid paper

Covid-19 Shutdowns Disproportionately Affected Low-Income Black Households

The alarming rate at which Covid-19 has killed Black Americans has highlighted the deeply embedded racial disparities in the U.S. health care system…

graphic of two arrows pointing in opposite directions

Tighter Border Policies Leave Migrants Vulnerable to Effects of Climate Change

Open Borders Strengthen Developing Countries Economically As the planet continues to warm, people living in the world’s most vulnerable regions —…

Mellody Hobson ’91

Mellody Hobson ’91

Shortly after graduating from Princeton University, Mellody Hobson ’91 joined Ariel Investments as an intern. Today, she serves as the company’s co…

Sir Angus Deaton

Covid-19 is Exposing Inequalities in Health and Wealth, Deaton Testifies

The ongoing Covid-19 pandemic is exposing and exacerbating health disparities in America, with Black and brown communities hit especially hard. This…

Politics & Polls #182: Economic Turmoil During Covid-19 Featuring Cecilia Rouse

The Covid-19 pandemic continues to have devastating impacts on the global and U.S. economy. As a result of quarantines and social distancing, the…

Macrofinance Lab Receives National Science Foundation Funding

Funding from the National Science Foundation will support the work of a Macrofinance Lab at the Julis-Rabinowitz Center for Public Policy &…

Mentoring Programs Help Female Economists Secure Tenure-Track Positions

There remains a dearth of women in economics, with far fewer females securing tenure-track jobs and publishing academic research than men. Past…

Social Networks May Drive College Decisions

Younger siblings may indeed look up to their older kin — to the point that it influences where they go to college.Using data from centralized school…

Paul A. Volcker ’49, Former Federal Reserve Chairman, Dies at 92

Paul A. Volcker ’49, a formidable force in U.S. government who led the Federal Reserve to quell inflation in the late 1970s and early 80s, died on…

Politics & Polls #157: How Economists Attained Power in the Modern Era Featuring Binyamin Appelbaum

Economists shape conversations on topics ranging from business to politics, and their influence is widely felt; the Federal Reserve, trade…

Starbucks coffee

New Industrial Revolution Sparked by Technology Gives Power to Service, Retail, Wholesale Industries

The United States is experiencing a new type of industrial revolution, one in which businesses outside of manufacturing are harnessing the power of…

Politics & Polls #147: Reagan’s Tax Cut Revolution Featuring Monica Prasad

In the 1980s, supply-side economics became a rallying cry of conservative politicians. This macroeconomic theory posits that lower taxes and…

Inequality Gap Grew Before the Great Recession and After, Study Finds

The Great Recession hit Americans across the socioeconomic spectrum, with some still working to recover economically. Yet, the drivers behind these…

Project to Collect Real Portraits of American Life

Today, only half of children grow up to earn more than their parents, as opportunities for upward mobility continue to decline. Meanwhile, more than…

‘Working Rich’ Prevail Among Today’s Top Earners

Many blame idle millionaires for the rise in income inequality, but today’s top earners are actually the “working rich,” according to a new working…

Booms & Busts: How the 1980s Could’ve Predicted the Great Recession

Many argue the Great Recession could have been ameliorated through strategic policies, but the government ignored warning signs of coming economic…

Boost in Collateral, Rather Than “Feeling Richer,” Drives Consumers to Borrow as Home Prices Rise

When home prices rise, households tend to borrow and spend more. But economists have had trouble identifying exactly what causes that relationship…

WWS Reacts: Trump’s Tax Proposal

President Donald Trump released a nine-page outline of a tax plan last week, which included proposed tax cuts for corporations and individuals.

Balance Forgiveness Programs More Effective at Reducing Credit Card Debt Than Lowering Monthly Minimum Payments

According to data recently released by the Federal Reserve, the amount of outstanding debt that Americans hold — often in the form of credit card…

Felten, Krueger Join Rework America Task Force

Princeton professors Edward Felten and Alan Krueger will serve on a new task force aimed at transforming America’s labor market to a 21st century,…

Lower-Income Children Raised in Counties With High Upward Mobility Display Fewer Behavioral Issues, Perform Better on Cognitive Tests

Children who grow up in urban counties with high upward mobility exhibit fewer behavioral problems and perform better on cognitive tests, according…

Exposure to Violence Hinders Short-Term Memory, Cognitive Control

Being exposed to and actively remembering violent episodes — even those that happened up to a decade before — hinders short-term memory and cognitive…

Research

Revitalizing Detroit Requires Development of Specific Neighborhoods

Despite the relatively large number of employees working in downtown Detroit, the city continues to be afflicted by urban blight, surrounded by a…

Deaton Testifies Before U.S. Senate on America’s Deadly Opioid Epidemic

Testifying before a Joint Economic Committee hearing in the U.S. Senate on June 8, Sir Angus Deaton, Dwight D.

Politics & Polls #42: Where Are All the Jobs?

In his campaign promise to make America great again, President Donald Trump vowed to “bring jobs back to America” and revitalize the labor industry…