Must- and Should-Reads: June 16, 2017
- Kavya Vaghul: Conservation easements and tax policies in the United States: “Deductions for conservation easement donations are taken by taxpayers in states that have small shares of conserved land… https://equitablegrowth.org/equitablog/value-added/conservation-easements-and-tax-policies-in-the-united-states/
- Bridget Ansel: A research roundup on unpredictable schedules in the United States: “For Americans with a 9-to-5 job, it can be hard to imagine the life of a worker with an unpredictable, constantly shifting schedule… https://equitablegrowth.org/equitablog/value-added/a-research-roundup-on-unpredictable-schedules-in-the-united-states/
- Janet Yellen and Nancy Marchall Genzer: Janet Yellen Interested in Reevaluating 2% https://www.c-span.org/video/?c4673824/janet-yellen-interested-reevaluating-2: “Nancy Marchall Genzer, Marketplace: ‘Recently, a group of economists sent the Fed a letter…
- Lawrence Summers: 5 reasons the Fed may be making a mistake http://delong.typepad.com/summers5-reasons.zip: “The… paradigm… is highly problematic. Much better would be a “shoot only when you see the whites of the eyes of inflation” paradigm…
- David Cutler and Emily Gee: Coverage Losses Under the ACA Repeal Bill for Congressional Districts in All States: “Within a decade, on average, an additional 55,000 more individuals in each congressional district, or nearly 8 percent… would lack coverage… https://www.americanprogress.org/issues/healthcare/news/2017/03/21/428914/coverage-losses-aca-repeal-bill-congressional-districts-states/
- Dodge Cahan and Niklas Potrafke: The Democratic-Republican Presidential Growth Gap and the Partisan Balance of the State Governments: “Higher economic growth was generated during Democratic presidencies compared to Republican presidencies… http://econpapers.repec.org/paper/cesceswps/_5f6517.htm
- David Grabowski, Jonathan Gruber, and Vincent Mor: You’re Probably Going to Need Medicaid: “Imagine your mother needs to move into a nursing home… https://www.nytimes.com/2017/06/13/opinion/youre-probably-going-to-need-medicaid.html?ref=opinion&_r=0
- Laura Tyson: Labor Markets in the Age of Automation: “Skill-biased and labor-displacing intelligent machines and automation drive income inequality in several other ways… https://www.project-syndicate.org/commentary/automation-labor-market-inequality-by-laura-tyson-2017-06
- Barry Ritholtz: Tax Reform Is Dead: “The long-awaited ‘pivot towards being presidential’ hasn’t arrived, and by all indications never will… http://ritholtz.com/2017/06/tax-reform-dead/
Interesting Reads:
- Mary Amiti, Mi Dai, Robert C. Feenstra, and John Romalis: How Did China’s WTO Entry Benefit U.S. Consumers?: “At least two-thirds of the China WTO effect on the U.S. price index of manufactured goods was through China lowering its own tariffs on intermediate inputs…” http://www.nber.org/papers/w23487
- Sabri Ben-Achour: Is 2 percent a good target rate for inflation? The Fed has never been sure https://www.marketplace.org/2017/06/09/economy/2-percent-good-target-rate-inflation-fed-has-never-been-sure
- Ady Barkan: The Fed should rethink how its conducts monetary policy: “My prediction is that within a year or two, you’re going to see the Fed make this smart policy change…” http://www.businessinsider.com/the-fed-should-rethink-how-its-conducts-monetary-policy-2017-6
- Bob Friday: 4 key AI concepts you need to understand: “Every artificial intelligence solution is built on these four… foundational elements… categorization, classification, machine learning, and collaborative filtering…” http://www.infoworld.com/article/3200790/artificial-intelligence/4-key-ai-concepts-you-need-to-understand.html
- Narayana Kocherlakota: The Fed’s Unspoken Mandate: “It wants to be “normal,” and that’s bad for most Americans…” https://www.bloomberg.com/view/articles/2017-06-13/the-fed-s-unspoken-mandate
- Barry Eichengreen: Can US States Right Trump’s Wrongs? https://www.project-syndicate.org/commentary/states-rights-trump-wrongs-by-barry-eichengreen-2017-06
- Nina Shapiro: The Hidden Cost of Privatization https://www.ineteconomics.org/perspectives/blog/the-business-of-government