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Improving labor productivity is important to sustain economic output and power long-run growth—yet productivity growth has generally declined over the past half century. Emily Moss, Ryan Nunn, and Jay Shambaugh consider explanations for the slowdown in productivity growth as well as the public policies that can help restore it.
A close examination of wealth in the U.S. finds evidence of staggering racial disparities.
Leveraging monthly labor market data, Emily Moss, Ryan Nunn, and Jay Shambaugh analyze three components of income—wages, hours worked, and employment—to estimate household income growth.
Taxation is an enduring focus of economic policy debates. This book presents a series of policy options, authored by leading tax experts and backed by rigorous analysis, to increase federal revenue in ways that are both efficient and equitable. The policies include better tax enforcement, improved, corporate taxation, increased taxation of wealth, and taxes on some transactions.
How the government raises tax revenue has critical implications for economic prosperity. Moss, Nunn, and Shambaugh provide a framework for assessing various tax policies and their implications for growth and inequality.
In this analysis, we examine how prime-age working (ages 25–54) men and women allocate their time, overall and by parental status. This analysis shows that for some, especially mothers, caregiving and other household obligations reduce the amount of time that can be spent looking for work and working.
The Hamilton Project analyzes the characteristics and labor force participation of Americans who were living in poverty in 2018. Researchers found that although the poverty rate has declined, barriers remain to lifting households out of poverty.
In an analysis of veterans and the work force, The Hamilton Project finds that school enrollment and disability status are among the most important factors in determining veterans’ labor force participation.
The Hamilton Project finds that changing employment and school enrollment patterns have contributed to declining labor force participation among youth, aged 16 to 24.
The latest analysis from The Hamilton Project explores how teenagers (16–19-year-olds) have shifted away from working or seeking work and the impact this change has on the broader labor force participation rate.