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July 24, 2024
Housing and the American Worker
As the American Worker Project analysis shows, real wages have increased over time. Real wages are nominal wages corrected for changes in the price level, and a natural approach to understanding the…
March 27, 2024
Perspectives on Place-Based Policy: Strategies for Workforce and Economic Development
Opportunity varies by place in the US, with the lowest levels of opportunity in states in the former Confederacy and American Indian reservations. Rural America faces unique challenges in relative…
October 26, 2023
Working from Density
Is the COVID-19-driven surge in remote work temporary or permanent? To assess how the geography of work may evolve, we analyze the pre-pandemic status quo. Casual theorizing might suggest that…
October 23, 2023
Spatial Spillovers and the Effects of Fiscal Stimulus: Evidence from Pandemic-Era Federal Aid for State and Local Governments
Abstract We analyse whether US federal aid to state and local governments impacted economic activity through either direct or cross-state spillover effects during the COVID-19 pandemic. Deploying an instrumental-variables framework…
July 18, 2023
The Great Recession, COVID-19, Interest Hikes Left a 15-Year Mark on Housing
How have the Great Recession in 2007, the COVID-19 pandemic that hit in 2020, and the Federal Reserve’s interest rate hikes that started in 2022 affected mortgages in the region?…