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Liberty Street Economics: “Most people find themselves looking for work at some point in their adult lives. But what brings employers and job seekers together? And does searching for a new job while unemployed lead to different outcomes than searching while employed? Little is known about the job search process for unemployed workers. Even less …
“Today, the U.S. Census Bureau released February 2017 international trade in goods data. The monthly trade gap narrowed the most with China, a decline of $8.3 billion (26.6 percent) followed by Canada, with a decline of $1.3 billion (38.1 percent). The monthly trade gap widened with Mexico by $1.8 billion (46.0 percent) followed by Ireland …
American Association of University Women – “You’ve probably heard that men are paid more than women are paid over their lifetimes. But what does that mean? Are women paid less because they choose lower-paying jobs? Is it because more women work part time than men do? Or is it because women have more caregiving responsibilities? …
24/7 Wall St – “On its website, the IRS lists several common errors filers make each year. The errors vary in complexity from failing to correctly calculate a deduction on a 1090A form to simply failing to sign and date the return or even using the wrong postage. While some of these mistakes seem obvious …
The War Powers Resolution: Concepts and Practice, updated March 28, 2017 [via FAS] “This report discusses and assesses the War Powers Resolution and its application since enactment in 1973, providing detailed background on various cases in which it was used, as well as cases in which issues of its applicability were raised. It will be …
Trump Administration’s March 2017 Defense Budget Proposals: Frequently Asked Questions, April 3, 2017. [via FAS] “On March 16, 2017, the Trump Administration released two defense budget proposals — a proposal for national defense (budget function 050) discretionary spending for fiscal year (FY) 2018 as part of the Administration’s Budget Blueprint for federal spending, and a …
The Omnibus Report on Significant Trade Deficits, March 31, 2017: “…For many years, the United States has not obtained the full scope of benefits anticipated under a number of international trade agreements or from participating in the World Trade Organization. The United States annual trade deficit in goods exceeds $700 billion, and the overall trade deficit …
2016 Lobbying Disclosure: Observations on Lobbyists’ Compliance with Disclosure Requirements, GAO-17-385: Published: Mar 31, 2017. Publicly Released: Mar 31, 2017. “Lobbyists must register with the Secretary of the Senate and the Clerk of the House when they take on new clients, and file reports disclosing their lobbying activities, income, and certain political contributions. In our most recent review of compliance …
CRS, February 28, 2017: “Conventional wisdom regarding regulators is that the structure and design of the organization matters for policy outcomes. Financial regulators conduct rulemaking and enforcement to implement law and supervise financial institutions. These agencies have been given certain characteristics that enhance their day-to-day independence from the President and Congress, which may make policymaking more …
24/7 Wall St.: “By many health measures, the United States, a nation of over 320 million, is an anomaly. Despite health spending approaching $10,000 per person — which amounts to twice and even three times the spending in other affluent nations — the United States ranks 28th in life expectancy among wealthy countries, according to …
The 2017 Long-Term Budget Outlook – “CBO’s projections show a substantial imbalance looming in the federal budget over the next 30 years, with spending outpacing revenues by steadily increasing amounts. As a result, if current laws generally remained unchanged, federal debt would reach an unprecedented share of GDP, intensifying pressures on the federal budget, dampening …
Robots and Jobs: Evidence from US Labor Markets, Daron Acemoglu, Pascual Restrepo NBER Working Paper No. 23285, Issued in March 2017. “As robots and other computer-assisted technologies take over tasks previously performed by labor, there is increasing concern about the future of jobs and wages. We analyze the effect of the increase in industrial robot …
