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Economic Analysis Apr 12, 2021

A Comparison of Renters and Homeowners in Recent Decades

Wendy Edelberg, Sara Estep, Stephanie Lu, and Emily Moss examine and offer new insights on the recent history of housing policy from the latter half of the 20th century to today, compare homeowner and renter experiences, and analyze housing assistance policies. The authors conclude that to increase housing stability, policymakers should improve housing policies to create better infrastructure and more-inclusive housing programs in addition to supplying additional funding.

Blog Post Jan 28, 2021

The Macroeconomic Implications of Biden’s $1.9 Trillion Fiscal Package

In this piece, Wendy Edelberg and Louise Sheiner project the effect of the Biden package on GDP. They project that if the Biden package were enacted, GDP would reach the Congressional Budget Office’s (CBO) pre-pandemic GDP projection after the third quarter of 2021, exceeding it by 1 percent in the fourth quarter. In the middle of 2022, GDP would show a temporary and shallow decline and then grow at an annual rate of about 1.5 percent, coming close to the path projected just before the pandemic.

Blog Post Oct 12, 2020

What Could Additional Fiscal Policy Do for the Economy in the Next Three Years?

This analysis shows the effects on economic activity, as measured by the Gross Domestic Product (GDP), of illustrative versions of several policies. Specifically, researchers examine five policies: a second round of checks to households, a resumption of enhanced unemployment insurance benefits, aid to state and local governments, support for small businesses, and other forms of fiscal support.