Funded Research

Our funding interests are organized around the following four drivers of economic growth: macroeconomics and inequality, market structure, the labor market, and human capital and wellbeing. We consider proposals that investigate the consequences of economic inequality, as well as group dimensions of inequality; the causes of inequality to the extent that understanding these causal pathways will help us identify and understand key channels through which inequality may affect growth and stability; and the ways in which public policies affect the relationship between inequality and growth.

Explore the Grants We've Awarded

Reset

Microeconomic and Macroeconomic Implications of Wage Rigidity

Grant Year: 2023

Grant Amount: $70,000

Grant Type: academic

This project will unpack the effect of inflation on employment and wages during the current inflationary episode in the United States. They plan to establish stylized empirical facts related to heterogeneity in wage rigidity and the labor market effects of inflation. They will use Longitudinal Employer-Household Dynamics data to study how wage rigidities vary with inflation. The team’s second goal is an extension of an existing theoretical model of the labor market by adding job-to-job mobility, wage renegotiation costs, and multiworker firms to better capture firms’ labor market power.

The Child Care Workforce and COVID: Community Capacity and Investments as Buffers to the Pandemic

Grant Year: 2023

Grant Amount: $60,000

Grant Type: academic

This project will unpack the association between child care infrastructure, child care employment, and unemployment rates across counties, and examine whether it differs by geography, race, or poverty level. The research team will estimate the racial and ethnic differences in the local availability of child care and then test the relationship between early childhood education and both child care workers’ employment and wages, as well as overall labor force participation. The project will provide a longitudinal national measurement of child care supply at the county level and evaluate whether the stability of publicly funded child care through schooling bolstered local child care employment and earnings.

Building an open-source knowledge base and machine learning tools to automate the transformation of job advertisement text into data

Grant Year: 2023

Grant Amount: $60,000

Grant Type: academic

This project will process job ads accessed through the National Labor Exchange Data Trust in a transparent and replicable way. The authors will use natural language processing tools to turn the job opening text into machine-readable data and will make the code available to other scholars.

Janus and the Future of Public Sector Worker Power

Grant Year: 2023

Grant Amount: $65,300

Grant Type: academic

This project explores the causes and implications of the resilience of public-sector unions after the U.S. Supreme Court’s decision in Janus v. AFSCME, which effectively made the entire public sector right-to-work. The research team will field a national survey of 4,000 full-time, nonmanagerial, union-eligible public-sector workers to shed light on two questions: Why didn’t the Supreme Court decision in Janus cause a large decrease in public-sector union membership? And what can spark increased unionization efforts among public-sector workers in the United States? This project is poised to inform what options there may be for boosting union membership in the public sector.

Does guaranteed income facilitate wealth and credit building among Black households in Georgia?

Grant Year: 2023

Grant Amount: $40,000

Grant Type: academic

This project partners with two guaranteed income experiments in Georgia to understand how guaranteed income affects asset development and credit-building. One experiment, in and around Atlanta, enrolled 654 low-income Black women in the summer of 2022. This experiment uses two different models of benefit delivery—equal-sized regular payments versus a one-time lump-sum payment followed by smaller regular payments. There is also a control group formed by those not randomly selected for the program. The other project takes 200 homeless clients from Project Community Connections Inc. and randomly assigns half of them to receive case management and housing assistance, while the other half receives those services plus $400 per month. For both experiments, the research team will link to credit report data and create a control group from the credit data to provide insight on racially patterned economic disparities and potential policy interventions. This paper will bridge guaranteed income—an income-maintenance intervention—with the study of wealth development and access to credit.

The Lifecycle Origins of Income Inequality

Grant Year: 2023

Grant Amount: $60,000

Grant Type: academic

This project will challenge an accepted finding in economics on the lifecycle pattern of inequality—namely, that inequality increases with age within a birth cohort. The research team builds on existing research from the Global Repository of Income Dynamics database to develop a model to explain an observation in the data that inequality is generated more from differences in childhood experiences such as parental income or school quality than from labor market experiences.

Funded research

Human Capital and Wellbeing

How does economic inequality affect the development of human capital, and to what extent do aggregate trends in human capital explain inequality dynamics?

View

Funded research

Macroeconomics and Inequality

What are the implications of inequality on the long-term stability of our economy and its growth potential?

View

Funded research

Market Structure

Are markets becoming less competitive and, if so, why, and what are the larger implications?

View

Funded research

The Labor Market

How does the labor market affect equitable growth? How does inequality in turn affect the labor market?

View