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Category Archives: Economy

Work in Retirement: Myths and Motivations

Career Reinventions and the New Retirement Workscape, A Merrill Lynch Retirement Study conducted in partnership with Age Wave. “Retirement used to mean the end of work. But now we’re at a tipping point: a majority of people will be continuing to work after they retire — often in new and different ways. Nearly half (47%)Continue Reading

Gender and Dynamic Agency: Theory and Evidence on the Compensation of Top Executives

 Federal Reserve Bank of New York Staff Report – Gender and Dynamic Agency: Theory and Evidence on the Compensation of Top Executives, March 2015. Stefania Albanesi, Claudia Olivetti, and María José Prados. “We document three new facts about gender differences in executive compensation. First, female executives receive a lower share of incentive pay in total compensation relative toContinue Reading

EBRI Employee Tenure Trends, 1983–2014

“Employee Tenure Trends, 1983–2014″ and “Views on Employment-Based Health Benefits: Findings from the 2014 Health and Voluntary Workplace Benefits Survey.” February 2015, Vol. 36, No. 2  Employee Benefit Research Institute, 2015 The most recent U.S. Census Bureau data show that the overall median tenure of workers—the midpoint of wage and salary workers’ length of employmentContinue Reading

Brookings report on highest household incomes in 50 largest US cities

Alan Berube and Natalie Holmes – Some cities are still more unequal than others—an update [See also City Inequality 2013 Appendix] “More than five years after the end of the Great Recession, and three years since the Occupy movement took on Wall Street, high and growing levels of income inequality continue to animate debates onContinue Reading

Quantifying Uncertainty and Variable Sensitivity within the U.S. Billion-Dollar Weather and Climate Disaster Cost Estimates

Smith, Adam, Quantifying Uncertainty and Variable Sensitivity within the U.S. Billion-Dollar Weather and Climate Disaster Cost Estimates (March 11, 2015). Natural Hazards, 2015, DOI: 10.1007/s11069-015-1678-x. Available for download at SSRN: http://ssrn.com/abstract=2581699 “Research examining natural disaster costs on social and economic systems is substantial. However, there are few empirical studies that seek to quantify the uncertaintyContinue Reading

Destabilizing Property

“Rosser, Ezra, Destabilizing Property (March 1, 2015). Connecticut Law Review, Forthcoming; American University, WCL Research Paper No. 2015-1. Available for download at SSRN: http://ssrn.com/abstract=2581710 “Property theory has entered into uncertain times. Conservative and progressive scholars are fiercely contesting everything it seems, from what is at the core of property to what obligations owners owe society.Continue Reading

2013-2014: Financial Institution Consumer Complaints

Financial Instituiton Consumer Complaints presented in Tableau Public – users may download the workbook. The data source is the Consumer Financial Protection Board (CFPB) and the data is current as of March 20, 2015.

The Shrinking Middle Class, Mapped State by State

Via Pew – “The struggles of middle-class American families and growing income inequality have risen to the top of the national agenda. A new Stateline analysis shows that in all 50 states, the percentage of “middle-class” households—those making between 67 percent and 200 percent of the state’s median income—shrunk between 2000 and 2013. The changeContinue Reading

How Millennials today compare with their grandparents 50 years ago

Pew FactTank – The past five decades – spanning from the time when the Silent generation (today, mostly in their 70s and 80s) was entering adulthood to the adulthood of today’s Millennials – have seen large shifts in U.S. society and culture. It has been a period during which Americans, especially Millennials, have become moreContinue Reading

Pew – Federal Tax System Seen in Need of Overhaul

Report – Top Complaints: Wealthy, Corporations ‘Don’t Pay Fair Share’  “The public sees the nation’s tax system as deeply flawed: 59% say “there is so much wrong with the federal tax system that Congress should completely change it.” Just 38% think the system “works pretty well” and requires “only minor changes.” These opinions have changedContinue Reading

Role of Academics and Industry in Improving Equity Market Structure

The Role of Academics and Industry in Improving Equity Market Structure, Michael S. Piwowar, Commissioner, U.S. Securities and Exchange Commission, on March 21, 2015. “Editor’s Note: Michael S. Piwowar is a Commissioner at the U.S. Securities and Exchange Commission. This post is based on Commissioner Piwowar’s recent remarks at the University of Notre Dame, Mendoza CollegeContinue Reading

U.S. Manufacturing in International Perspective

CRS – U.S. Manufacturing in International Perspective, Marc Levinson, Section Research Manager. March 17, 2015. “The health of the U.S. manufacturing sector has long been of great concern to Congress. The decline in manufacturing employment since the start of the 21st century has stimulated particular congressional interest. The Obama Administration has undertaken a variety ofContinue Reading