Publications / Economy

Publications

Policy Memo

By and / 10.12.2017

When it comes to tech jobs, global hubs like Silicon Valley, New York, and Austin get all the attention. But, to an increasing degree, our research shows tech-driven employment growth is not restricted to those high-profile areas. For example, our widely-cited March 2017 report “How the Startup Economy is Spreading Across the Country—and How It […]

Policy Memo

By and / 10.9.2017

In this new paper,  we estimate that the European App Economy totals 1.89 million jobs as of January 2017, an increase of roughly 15 percent over a year earlier.   In addition, this paper estimates the number of App Economy jobs by country and as a percentage of all jobs on a country-by-country basis. Next, we provide […]

Policy Memo

By / 9.5.2017

The last retail revolution, the rise of the big box store, was not a good thing for the typical sales clerk or cashier. “Warehouse clubs” and “supercenters” started popping up everywhere in the late 1980s. Retail productivity as measured by the government doubled from 1987 to 2007, as this new retail format was more efficient […]

Policy Memo

By / 9.3.2017

This paper examines job growth at leading tech/telecom firms. We compare them to leading industrial firms, both in the first half of the 20th century and in the post-war era, and show that they have similar employment trajectories. Then we consider wage and industrial structure trends. We find that real wages in the tech/ telecom […]

Policy Memo

By / 8.1.2017

This is a challenging time to study public policy, given the bitter political divisions in the United States. Competing world views challenge our sense of common national purpose. The electoral shocks of November 8, 2016 have made this a hard time to teach public policymaking skills: data analysis, coalition building and use of legislative precedents. […]

Policy Memo

By / 7.11.2017

The saying “data is the new oil” is at times referenced by analysts working to assess whether our increasingly digital and data-driven world generates positive impact for our economy and society. However, this saying is imprecise. Data should not be compared to oil – it is not a scarce commodity, is nonrival, and cannot be […]

Policy Memo

By and / 7.3.2017

When Apple introduced the iPhone in 2007, that initiated a profound and transformative new economic innovation. While central bankers and national leaders struggled with a deep financial crisis and stagnation, the fervent demand for iPhones and the wave of smartphones that followed was a rare force for growth. Today, there are more than 4 billion […]

Policy Memo

By / 6.29.2017

In 2016 the United States exported to Europe US$598bn worth of goods and services, and imported $698bn of goods and services. Minus some statistical discrepancies, European countries recorded the inverse flow of imports and exports. For the past century, economists and policymakers have relied on this ‘balancesheet approach to economics to guide their decisions. One […]

Policy Memo

By / 3.29.2017

It is March 2017. Square, the small business payments startup founded in 2009, is hiring for its customer support operation in St. Louis. Fintech startup Greensky, founded in 2006, is expanding in Atlanta. Seattle-based Zulily, the ecommerce startup founded in 2009 and bought by QVC in 2015, is hiring for its fulfillment center in Bethlehem, […]

Policy Memo

By / 3.28.2017

It is amazing how many of our nation’s biggest challenges can be addressed by a simple formula: faster growth more broadly shared. From infrastructure to healthcare, education to national security, crime to creativity, a bigger pie and a wider winner’s circle go far towards solving them. A simple comparison of potential growth rates tells the […]