Is the U.S. headed for a recession? History tells us a near-term recession is unlikely — but emergent threats like unregulated crypto exchanges and U.S. debt servicing necessitate further measures to mitigate economic risk, writes public finance fellow Jorge Barro.
Political, market and geopolitical headwinds have slowed down Biden’s ambitious climate plans, write energy experts Anna Mikulska and Michael Maher. In this brief, they explore why progress on decarbonization is likely to be more gradual than initially envisioned.
In this issue brief, public finance fellow Jorge Barro finds that lower state income taxation is associated with higher net taxpayer migration. Further, Barro explains that since the passage of the 2017 tax reform, taxpayers and earnings potential have both migrated to lower-taxing states at a faster rate.
In this brief, public finance fellow Jorge Barro explains some of the long-term economic impacts of the COVID-19 pandemic and argues that policymakers can prepare for the impending macroeconomic shortfalls by maintaining a commitment to improving education, prioritizing immigration and resolving fiscal imbalances.
While recent headlines announce that President Biden's proposed budget will drive the national debt past WWII levels, fellow Jorge Barro explained in November 2020 that a projected surge will be very different from the 1940s.
Public finance fellow Jorge Barro analyzes Federal Reserve survey data released in September 2020 that shows that U.S. wealth inequality has declined for the first time in 30 years.
In the near term, a ban on shale development in Mexico will have little impact since factors like limited infrastructure and access to water would likely stall progress in any case, the authors conclude. In the long-run, a ban may adversely affect efforts to diversify Mexico’s gas supply.
Adrian Duhalt, Anna B. Mikulska, Michael D. MaherMay 3, 2019
Given the current dearth of women exercising Islamic authority, it may be assumed that for most of Islamic history, questions of religion and religious law were the near-exclusive domain of men. This brief discusses the various roles and contributions of women in Islam and religious scholarship and outlines recommendations for improving attitudes towards women in religious leadership in Muslim countries.
This is one of 10 briefs in a series on pluralism and inclusion in the Middle East after the Arab Spring. The project is generously supported by a grant from the Carnegie Corporation of New York.