Policy Memo

Our past event featured newly issued white papers from respected industry experts related to the ongoing GSE credit score evaluation. Topics include: Research from a leading analytics firm on the value that updated credit scoring models will add to the mortgage market; Economic and competitive issues in the credit scoring market as detailed by an […]

By / 11.30.2017

For many Americans, self-employment and running  a small business can be an important pathway to the middle class, yet accessing credit to start or grow a business is more difficult, and potentially even more dangerous, than most realize. While banks have historically provided the majority of small business credit in the United States, and still […]

By / 10.16.2017

We start with a healthy dose of reality: Since 2000, healthcare and education have been the main sources of private-sector job growth, both nationally and in the heartland states. From home health aides to technicians to physicians, from child care helpers to well-paid professors in private colleges, private-sector healthcare and education jobs have provided a […]

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 […]

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 […]

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 […]

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 […]

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. […]

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 […]

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 […]