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Trump Houses Are a Good Idea—If

…sold 70,000 home-building kits to allow buyers to assemble their own homes as small as 600 square feet, marketed explicitly as housing for the working class. When builder William Levitt…

Commentary

Medicaid’s Multiple Roles

…(ESI) and the ACA markets to allow for less disruptive transitions when individuals get better paying jobs. The enrollment systems for each of these platforms should be coordinated and easier…

Op-Ed

Reemployment Bonuses: A Promising Path to Economic Recovery

…whether and how unemployment insurance (UI) benefits affect labor market dynamics and employment levels. Because UI benefits are only available to unemployed workers, many economists and commentators view them as…

Working Paper

Poverty and Dependency in the United States, 1939–2023

…using the 1940, 1950 and 1960 Decennial Censuses through imputations of taxes and transfers as well as certain forms of market income including perquisites (Collins and Wanamaker 2022), consistent with…

Working Paper

The Philadelphia Story: The Impact of the 2000 Tax Abatement Program on Philadelphia’s Revival

Abstract This paper evaluates the effects of Philadelphia’s 2000 residential property tax abatement, which exempted improvement values on newly constructed or substantially renovated properties, on housing markets, neighborhood reinvestment, and…

Article

The AI Jobs ‘Bloodbath’ That Keeps Getting Postponed

…weaker than it currently appears, the firm’s chief economist, Mark Zandi adds. And as the bank Goldman Sachs sees it, “the most difficult question about the labor market is to…

Op-Ed

American Housing Needs More Institutional Investors

This op-ed was first published by Real Clear Markets. You can read the full piece here. President Trump’s Executive Order to ban institutional investors from purchasing single family homes gets the equation backward. The…

Testimony

Congressional Testimony: Unlocking Capital to Save the American Dream

…homes “affordable” by means of credit easing and subsidies. According to Realtor.com, returning the housing market to 2019 levels of affordability is a daunting task. Mortgage rates would need to fall…

Commentary

The Child and Dependent Care Tax Credit Should Not Subsidize Stay-at-Home Parents

…has forgone $20,000 in market income to provide what is equivalent to $20,000 in childcare services to the household. For Family 2, the second earner chooses to earn $20,000 in…

Article

Don’t Expect an AI Job Apocalypse

…of production.”3 Here’s how GS newly quantifies the labor-market impact: Under its central scenario — AI adoption spread over roughly a decade — the unemployment rate rises by a little…

Article

Don’t Expect an AI Job Apocalypse

…of production.”3 Here’s how GS newly quantifies the labor-market impact: Under its central scenario — AI adoption spread over roughly a decade — the unemployment rate rises by a little…

Article

President Trump and Institutional Investors in Single-Family Rentals

President Trump has expressed understandable concern with the state of the single-family housing market that he inherited a year ago. During the Biden administration, home prices went up by 34%…