Research Library

In testimony before the Texas House of Representatives Criminal Jurisprudence Committee, Neill Harris expressed support for limiting arrests for fine-only offenses and expanding cite-and-release eligibility to include nonviolent misdemeanors and low-level drug possession. These changes will save taxpayers money and reduce the racially disparate burdens of incarceration without compromising public safety, she said.

In late July, Texas Comptroller Glenn Hegar delivered a bleak economic outlook for the state’s economy: the amount of general revenue funds available for the current biennium is expected to be $11.5 billion less than originally estimated. Should the state tap into its rainy day fund to offset the impact of the coronavirus pandemic and facilitate a stable recovery?

Public finance fellow Jorge Barro examines the Federal Reserve’s aggressive financial market response to the Covid-19 pandemic and asserts that without its use of unconventional policy tools, adverse outcomes could have spread to other areas of the economy, disproportionately impacting low-income households.

The authors compare the impacts of energy-related sanctions against Russia and a market-based geoeconomics policy, and suggest options for U.S. involvement in the region.

In a comprehensive update to their 2014 study on the future of American innovation, the Baker Institute and the American Academy of Arts and Sciences conclude that significant policy and funding actions are required to ensure the U.S. does not lose its preeminent position in discovery and innovation.

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.

Public finance fellow Joyce Beebe examines a new approach that states have been exploring to secure additional revenue during the Covid-19 pandemic — imposing excise taxes on sports betting and daily fantasy sports. Baker Institute Blog: https://bit.ly/3jNT85Z

The Covid-19 pandemic created unprecedented challenges for resettled refugees in the U.S. and exposed underlying vulnerabilities that particularly impact refugee women and children, as well as the organizations that work to support them. The authors examine the difficulties facing refugees in the U.S. and offer policy recommendations that may help them.

The staggering collapse in Venezuela's oil and gas industry has renewed calls for liberalizing reforms. But a democratic transition and legal reforms may not be enough to attract the large investments needed.

Despite its massive geological endowment and receiving what could be considered the largest windfall in its economic history, Venezuela entered 2020 in the middle of an unprecedented economic crisis. The Covid-19 pandemic and turbulence in oil markets represent the latest in a string of problems that expose the country’s vulnerability.