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Defying expectations, the business sector appears to have weathered the COVID pandemic and found a renewed gear of dynamism in the process. This analysis looks at the outcomes of initial business closings, employment impacts, new business formations, and restructuring of business activities.
An analysis of the size and composition of the labor force identifies both populations and policies that could contribute to gains in labor force participation.
On June 28, 2022, The Hamilton Project at the Brookings Institution hosted a webcast exploring lessons for strengthening social insurance programs.
On June 13, 2022, The Hamilton Project at the Brookings Institution hosted a webcast exploring significant changes to the taxing of international corporate income. The webcast will feature National Economic Council Director Brian Deese and Wendy Edelberg of The Hamilton Project.
Significant proposed changes to tax policy would bring the US system more in line with the new consensus on international corporate tax policy. These six economic facts present background on motivations and goals for many of the features of the international framework.
In this analysis we offer inflation-related updates to Chapter 1 of Recession Remedies: Lessons Learned from the U.S. Economic Policy Response to COVID-19, highlighting that the service sector has replaced goods as the primary driver of inflationary pressure in recent months, and that the continued rise in inflation has led to further declines in real wages in aggregate.
On April 27 and 28, experts examined the economic policy response to COVID-19 and identified lessons for future recessions. Catch up with the recording.
In the United States, COVID-19 triggered a sharp economic downturn. Yet, the ensuing economic recovery was faster and stronger than nearly any forecaster anticipated due in part to the swift, aggressive, and creative fiscal and monetary policy response in the U.S. While the next recession most likely won’t be triggered by a pandemic, the response can be informed by lessons learned from the COVID-19 recession.
Reviews the macroeconomic impact of the breadth of the economic policy responses that produced a recovery that, while stronger than generally anticipated and stronger than those of other advanced economies, has also been accompanied by an unwelcome increase in inflation.
A Hamilton Project analysis on how household balance sheets have evolved since the onset of the COVID-19 pandemic finds that, in aggregate, households’ financial positions in 2022 are remarkedly improved relative to 2019.
To conclude the year, Veronica Clevenstine, Wendy Edelberg, Moriah Macklin, Beatriz Rivera, Winnie Yee present a month-by-month journey in figure through The Hamilton Project's research, analysis, and policy proposals.
In this analysis Lauren Bauer and Wendy Edelberg identify when and which people are returning to labor market and explore how changing participation rates by different groups is contributing to the labor market recovery.