"China talks green but runs on coal," write the authors, who suggest leveraging the threat of carbon taxation to incentivize change in the PRC and help set a path toward preserving the Earth for future generations.
Gabriel Collins, Andrew S. EricksonAugust 31, 2021
This paper provides evidence demonstrating that the legalization of undocumented immigrants and their inclusion in the banking system, health care insurance system and housing market would produce a positive ripple effect throughout the U.S. economy.
In an extension of an earlier analysis prepared for the American Action Forum, the authors use the Diamond-Zodrow computable general equilibrium model of the U.S. economy to simulate the macroeconomic effects of a 10-year fiscal plan financed by tax changes proposed by Joe Biden’s 2020 presidential campaign.
A substantial number of Americans remain unprepared for retirement, despite past policy support and tax incentives to enhance retirement income security. Public finance fellow Joyce Beebe reviews recent policy developments and proposals to enhance the retirement savings system.
In this paper, the author examines past attempts at immigration reform in the United States, especially as they pertain to the nation’s undocumented population. Analyzing these early reform efforts could be deeply instructive for the prospects of President Biden’s U.S. Citizenship Act and reveals both durable patterns and new developments that could shape the chances for legislative breakthroughs.
David A. Gantz, the Will Clayton Fellow in Trade and International Economics, analyzes a wide range of factors — including the U.S.-China trade war, the entry into force of the United States Mexico Canada Agreement (USMCA) and the COVID-19 pandemic — that are all contributing to the pressure on the U.S. to decouple from China and to shift supply chains back to North America.
In this paper, authors examine the concerns raised by a new wealth tax and analyze the economic effects of the tax using a computable general equilibrium model.
John W. Diamond, George R. ZodrowSeptember 15, 2020
José Iván Rodríguez-Sánchez conducts a cost-benefit analysis of undocumented immigrants in Texas, concluding that undocumented residents have a positive influence and impact on the economy, since they pay taxes and fees and constitute an important part of the labor market.
Understanding the strategic and tactical considerations of Saudi Arabia will be the key factor for the success of U.S. policy in the wake of the oil price crash and Covid-19 outbreak.
Mark Finley, Jim Krane, Kenneth B. Medlock IIIApril 5, 2020