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January 24, 2025
The Targeting of Place-Based Policies: The New Markets Tax Credit Versus Opportunity Zones
…New Markets Tax Credit (NMTC), where government-approved entities select investments, and Opportunity Zones (OZs), where private investors choose projects. Despite underlying design differences, both target census tracts with relatively high…
January 22, 2025
How the Trump Administration Can Hit Its Growth Target
…basic questions like: Why can’t we build better infrastructure faster? Why can’t capital markets and bank lending be nimbler? Not only do such questions identify a specific goal; they also…
January 21, 2025
How Trump Can Permanently Fix the Student Loan Program
…this problem. In the private market, lenders assess whether a prospective borrower is likely to repay their debts in full — and decline to lend when they doubt the borrower’s…
January 21, 2025
Calling DOGE: HUD’s Costly Hunt for Answers the Market Already Has
…at no cost—from market-oriented organizations like the AEI Housing Center or Mercatus. Unfortunately, HUD’s approach is likely to result in more bureaucracy, subsidies, and government intervention, rather than addressing the…
January 21, 2025
President Trump’s USDA Should Fix Food Stamp Work Requirement Waivers
…the area had an unemployment rate greater than 120 percent of the national average and greater than six percent. Additionally, the regulation only permitted waivers for individual Labor Market Areas…
January 16, 2025
Should We Believe the Economic Data or Americans’ “Lyin’” Eyes? The Answer Is Yes.
…and labor market track the leading objective measure of the strength of the labor market. No lyin’ eyes or lyin’ data here. At least not through mid-2021. Inflation Explains the…
January 7, 2025
More Skilled Immigrants for More Economic Growth
…One interesting suggestion for a fix: Visa auctions that offer a market-driven alternative to government-controlled immigration. Such a system would allow employers to bid for workers based on actual economic value rather…
January 2, 2025
AI Will Have a Major Impact on Labor Markets. Here’s How the US Can Prepare
The nation can do better at forecasting AI-driven job and skill changes, including with a data-focused nonprofit that examines the technology’s impact. Markets are the killer app for efficiently organizing…
December 30, 2024
Coverage, Counter-cyclicality and Targeting of Work Requirement Waivers in the Supplemental Nutrition Assistance Program
…the work requirement for areas that meet conditions reflective of a weak labor market. We construct a dataset with the waiver status of each United States county for every month…
December 29, 2024
Why Rent Regulation Remains So Hard to Undo in NYC
…non-rent stabilized — is just $1,200. Market rents, in other words, can be close to regulated rents in lower-cost neighborhoods. Combined with a wave of vacant units coming back on the market…