Discover and read the best of Twitter Threads about #eggrantee

Most recents (6)

Starting now ⏰ @mlholder999 + @oscarthinks are talking current inflation for @NextCityOrg's Bottom Line Conversations series.
As we begin today's conversation, @mlholder999 reflects on what drew her to economics in the first place and her enduring interest in the issue of work and the position of different groups in the American labor market.
We're starting off with a broad—and important—question at @NextCityOrg: what is the mainstream media missing when it comes to inflation and the economy as a whole?
Read 20 tweets
The point of departure for the overwhelming bulk of discussions of macroeconomic management from the accession of Arthur Burns to the accession of Jay Powell to the Chairship of the Federal Reserve was the adaptive-accelerationist Phillips curve.

What is #EGgrantee #EG2021 1/
What is the adaptive-accelerationist Phillips curve? It is the belief that the next year’s inflation rate will be equal to the inflation rate that labor and product markets expect—which is adequately proxied by what inflation has been #EGgrantee #EG2021 2/
Read 41 tweets
I talked to @kairyssdal @Marketplace about misplaced concern over #austerity—and why handwringing about deficits now will prolong the economic suffering of millions of Americans.

Now is not the time to pull back on spending.
marketplace.org/2020/11/16/wha…

A thread.
The risk of doing too little to support families & businesses will far outweigh the risk of doing too much

We need to continue to pump money into the economy if we are going to avoid a coronavirus recession that makes the Great Recession a fond memory heatherboushey.medium.com/beware-of-aust… 2/
The premature pullback in government support during the Great Recession is why it took a full decade to return to pre-crisis unemployment rates.

As the past decade has shown, austerity was not the answer then, and it surely is not now.
epi.org/publication/wh… 3/
Read 7 tweets
One of the most exciting announcements for us @equitablegrowth!

We're pleased to support another round of scholars exploring whether & how economic inequality affects economic growth & stability. Congrats to the 7th cohort of #EGgrantee(s) equitablegrowth.org/equitable-grow… #EGgrantee2020
For too long, the field of economics has ignored the intersection of race & power in research agendas. That must change.

@equitablegrowth, we commit to doing our part by funding more research based on the lived experience & legacy of structural racism.
#EGgrantee #EGgrantee2020
Follow along @equitablegrowth as we spotlight each of the 46 newest #EGgrantee(s) and their research.

First up: @HowardU researcher @AndriaSmythe, who is studying the long term impact of the 1980 recession on young workers of color
#EGgrantee2020
Read 3 tweets
On #BlackWomensEqualPayDay, @equitablegrowth has released new evidence of the “double burden” faced by those with 2 socially marginalized identities, from @MarkVinPaul, Khaing Zaw & #EGgrantee(s) @DarrickHamilton & @SandyDarity equitablegrowth.org/working-papers… Image
@equitablegrowth Across income groups & across race and ethnicity, women’s earnings have helped stabilize the family incomes of American families equitablegrowth.org/across-races-w… ImageImageImage
@equitablegrowth Too often, policy conversations focus on the parts of the #wagegap that are “unexplained by observable data."

As @SarahJaneGlynn lays out in this report, a number of known policy options exist to mitigate wage inequality & unleash economic growth. equitablegrowth.org/research-paper… Image
Read 3 tweets
In light of the new @iteptweets report (if you haven’t already, read it here itep.org/federal-tax-cu…), a thread on rising inequality & how effective tax policy can address it 1/15
As @PikettyLeMonde, @gabriel_zucman & @berkeley_olab’s Emmanuel Saez have shown, the bottom half of the income distribution has been completely shut off from economic gains since the 1970s
equitablegrowth.org/economic-growt… 2/15
They find that from 1980-2014, incomes grew:
121% for the top 10%
205% for the top 1%
636% for the top .001%

and a whopping 1% for the bottom 50% gabriel-zucman.eu/files/PSZ2018Q… 3/15
Read 16 tweets

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