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September 10, 2024

America is Still Working

…are the average across people of (weeks worked last year * usual hours per week worked last year). The estimates are for the civilian noninstitutionalized population of Americans aged 16…

September 3, 2024

Doing Right by Kids: A Book Event

…S. Hymowitz, William E. Simon Fellow, Manhattan Institute Matt Weidinger, Rowe Scholar, American Enterprise Institute Brad Wilcox, Nonresident Senior Fellow, American Enterprise Institute Moderator: Kevin Corinth, Deputy Director, Center on…

July 26, 2024

Two Cheers for Shrinking Black-White Opportunity Gaps

…Chetty and his coauthors. They just didn’t deteriorate as badly as among white kids raised poor. This was true of average and median household income, reaching the top fifth of…

June 18, 2024

Economic Opportunity and Social Mobility

…the one before it, that doesn’t seem to be the case. As they approach and pass age 40, Millennial men and women have higher median hourly wages than any previous…

May 16, 2024

Critiquing Bastian (2022, 2023, 2024, and forthcoming):On Child Tax Credit Reform and the Sensitivity of Single Mothers to Work Incentives

Abstract In 2021, Congress passed and President Biden signed a major, but temporary, reform to the Child Tax Credit (CTC). Among other reforms to the credit, the American Rescue Plan…

May 14, 2024

Understanding Trends in Worker Pay over the Past 50 years

…the median worker has slowed, causing growth in the pay of the median worker to slow. The slowdown in median pay also reflects the particularly slow growth in pay among…

February 8, 2024

Another Flawed Analysis Shows that Single Mothers are Highly Sensitive to Changes in Work Incentives

…and consistent with elasticity estimates in Bastian’s own work. Bastian begins by calculating the mean across working single mothers of their average tax rate, doing so in every year from…

February 7, 2024

Child Tax Credit Bill Would Increase Marriage Penalties for Working Single Mothers

…SNAP benefit parameters that took effect starting October 1, 2023, and we assume shelter costs of $1,146 per month for a single parent without children (median gross rent for 1…

February 6, 2024

Research by a Top Biden Administration Economist Reinforces the Importance of Work Incentives in the Child Tax Credit and the Safety Net

…to quantify this sensitivity, and Bastian and others have unsuccessfully tried to argue that that is far too high. (In truth, the research of even several of these critics, Bastian

October 31, 2023

It Takes Two

…difference. They could adopt curriculums that emphasize the “success sequence,” as does the Vertex Partnership Academies network of charter schools founded by my American Enterprise Institute colleague, Ian Rowe. The success sequence…