This brief explores how the emerging use of blockchain technology in financial services could transform small business lending and improve capital access for businesses excluded by conventional lending processes.
With the rise of the gig economy has come an increase in concerns about tax compliance. This blog post reviews two recent changes to tax reporting rules for the sharing economy sector — the comeback of Form 1099-NEC and a reduction in the reporting threshold of Form 1099-K — and their implications for tax administration and reporting.
Baker Institute Rice Faculty Scholar and University Professor Moshe Vardi analyzes three recent crises — the 2021 winter storm in Texas, the COVID-19 pandemic and the Boeing 737 Max software failure — that highlight the cost of valuing efficiency over resilience and provide lessons for bringing society into balance.
Why have consumer credit scores gone up during the pandemic? In this brief, public finance fellow Joyce Beebe discusses the disconnect between credit scores and other economic indicators, and the public policies behind the rising scores.
President Biden has an opportunity, the author argues, to resurrect the Deferred Action for Parents of Americans and Lawful Permanent Residents (DAPA) program and provide a pathway to legal status for millions of undocumented parents of U.S. citizens and legal permanent residents. This report explores the potential of the DAPA program to impact immigrant families and policy avenues toward its passage.
The $1.9 trillion American Rescue Plan Act, which became law in mid-March, left out the mandate to increase the federal minimum wage to $15 per hour, but it did lead to an open policy discussion about current minimum wage standards. In a post for the Baker Institute Blog, public finance fellow Joyce Beebe considers some of the pros and cons of increasing the minimum wage and possible future developments.
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.
What are Mexico's prospects for immigration, trade and more, after President Andrés Manuel López Obrador's virtual meeting with President Biden? "Mexico will have to do some heavy lifting," predicts Tony Payan, director of the Center for the United States and Mexico.
The space station is an outstanding model for international cooperation by the world's nations. Similarly, cooperation can advance many other areas of science and technology through shared expertise and costs, and the pursuit of complementary efforts.