Commentary
Today the Center on Opportunity and Social Mobility at the American Enterprise Institute (AEI) is…
Commentary
H.R. 7024, the Tax Relief for American Families and Workers Act of 2024, passed the…
Commentary
Tuesday, I published a critique of a paper by Council of Economic Advisers senior economist…
Commentary
For the past two years, economist Jacob Bastian has been the main researcher dedicated to…
Commentary
The Wyden-Smith tax bill under consideration in the House has rekindled a debate about the…
Commentary
Estimates of how employment responds to changes in single mothers’ return to work are central to evaluating policies such as child tax credit expansions. A review of decades of research finds that commonly used labor supply elasticity estimates cluster around 0.75, with averages of roughly 0.8 across both literature reviews and original studies. These findings indicate that the assumption of a 0.75 elasticity in policy analyses is consistent with the broader empirical literature rather than an outlier estimate.
Commentary
On Tuesday, the Census Bureau released its latest income and poverty estimates covering calendar year…