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Matt Marx of Boston University and Ryan Nunn of the Hamilton Project describe the conditions under which non-competes are used and explain how current practices limit entrepreneurship, information flow, and worker mobility
Revitalizing wage growth is crucial to raising living standards, yet U.S. wage growth has been disappointing both in recent years and over the last several decades. In this op-ed, Hamilton Project Director Jay Shambaugh and Policy Director Ryan Nunn outline several policy actions that could help lift wage growth.
Despite progress in recent years, women still face pay disparities in the labor market. In this blog, Hamilton Project Director Jay Shambaugh and Policy Director Ryan Nunn analyze the gender gap and present options for policies to reduce it.
Workers with a license tend to receive a wage premium relative to unlicensed workers. Using new data from the Current Population Survey, Ryan Nunn examines the ways that licensing affects workers, as well as their wages, tenure, and part-time status by age, race, gender and wage level.
One simple question—are wages rising?—is as central to the health of our democracy as it is to the health of our economy. This book presents evidence and analysis that detail why wages have been stagnant for so many workers, while also identifying public policies that could effectively contribute to the growth in productivity and wages that are core parts of improving living standards for all Americans. These proposals include greater support for policies that increase human capital, boost worker mobility, strengthen worker bargaining power, and sustain robust labor demand.
Wages have stagnated in recent decades for typical workers. While a number of economic, policy, and technological developments bear some responsibility, economists have grown increasingly concerned that declining dynamism is an important cause. Declining dynamism may suggest a role for public policy in establishing the conditions for workers to successfully climb the job ladder.
The President’s 2019 budget contains a variety of proposals that would reshape policy and reallocate spending across various agencies and policy programs. As the nation debates the pros and cons of these proposals, it is imperative that they be informed by reliable data—data that is often collected and made freely available by the federal statistical agencies. In this blog, Hamilton Project Policy Director Ryan Nunn discusses the merits of sound federal data collection.
The President’s 2019 Budget gives a prominent place to infrastructure policy, proposing $100 billion of matching funds to state and local governments, as well as $50 billion in funding for rural infrastructure and $50 billion in other spending. In this blog, Hamilton Project Policy Director Ryan Nunn assesses the Administration's budget proposal for infrastructure policy.
In this set of eleven economic facts, The Hamilton Project explores central features of the innovation system, including patents, research and development (R&D) investments, and science, technology, engineering, and mathematics (STEM) education. Invalid patents and other challenges in the innovation pipeline can be overcome only if the determinants of innovation are well understood. Addressing these challenges advances The Hamilton Project’s core goal of promoting broadly shared economic growth.
After lagging behind U.S. women for more than forty years, Japanese prime-age women have now caught up and exceeded the U.S. rate of labor force participation. In this economic analysis, we seek to learn from a labor market that has been on an entirely different trajectory from that of the United States, and a country that has made women’s labor force participation a top macroeconomic priority.
In this op-ed, Shambaugh, Nunn, and Portman discuss the barriers that women face in the labor market, arguing that removing these barriers could improve women's lavor force participation, the quality of their labor market opportunities, both of which would contribute to economic growth.
In this article, Hamilton Project Director Jay Shambaugh and Policy Director Ryan Nunn address why wages aren't growing in the United States.