Competition
Equitable Growth supports research and policy analysis on how strong competition among U.S. businesses affects inequality and broad-based economic growth. More
- Topics:
- Anticompetitive Conduct
- Antitrust Enforcement
- Concentration
Families
Equitable Growth supports research and policy analysis on how unequal access to care, 21st century work-life policies, and education undermines stable, broad-based economic growth. More
- Topics:
- Childcare & Early Education
- Economic Wellbeing
- Health
- K-12
- Post-secondary Education
Inequality & Mobility
Equitable Growth supports research and policy analysis on how trends in economic inequality and mobility and changes in the economy have affected the concentration of wealth, income, and earnings, and how these distributional shifts have affected the promise of economic security and opportunity. More
- Topics:
- Economic Inequality
- Economic Mobility
- Economics of Place
- GDP 2.0
- Gender
- Income & Earnings Volatility
- Poverty
- Race & Ethnicity
Labor
Equitable Growth supports research and policy analysis on how inequalities in wages, bargaining power, and the evolving labor market affect workers’ economic security and opportunity as well as broad-based economic growth. More
- Topics:
- Bargaining Power
- Job Mobility
- Minimum Wage
- Monopsony
- Paid Leave
- Pay Equity
- Schedule Stability
- Unemployment Insurance
- Wage Stagnation
Tax & Macroeconomics
Equitable Growth supports research and policy analysis on how tax and macroeconomic policies can promote stable and broad-based economic growth. More
- Topics:
- Business Taxation
- Climate
- Credit & Debt
- Fiscal Policy
- Individual Taxation
- Monetary Policy
- Taxes, Inequality & Growth

Morning Must-Read: Michael Joyce et al.: The Portfolio Balance Effect of QE

Michael Joyce et al.:
The Portfolio Balance Effect of QE:
“A key transmission mechanism of QE…

…has been the ‘portfolio balance’ channel…. Insurance companies and pension funds… [in] the UK…. Investors shifted their portfolios away from government bonds towards corporate bonds. But portfolio rebalancing has been limited to corporate bonds and did not extend to equities…

Connect with us!

Explore the Equitable Growth network of experts around the country and get answers to today's most pressing questions!

Get in Touch

Connect with us

Morning Must-Read: Michael Joyce et al.: The Portfolio Balance Effect of QE

January 3, 2015

January 3, 2015

U.S. economic mobility trends and outcomes

U.S. income and wealth inequality are no longer increasing, but a return to the equitable levels of the mid-20th century isn’t likely anytime soon