The Effect of Charter School Openings on Traditional Public Schools in Massachusetts and North Carolina

By Kirsten Slungaard Mumma

American Economic Journal: Economic Policy, May 2022

The rapid expansion of charter schools has fueled concerns about their impact on traditional public schools. I estimate the effect of charter openings on traditional public schools in Massachusetts and North Carolina by comparing schools near actual chart...

Comparing 911 responses

[Research Highlight]

April 25, 2022

CarlyWill Sloan discusses race and police use of force in two American cities.

Does Race Matter for Police Use of Force? Evidence from 911 Calls

By Mark Hoekstra and CarlyWill Sloan

American Economic Review, March 2022

This paper examines race and police use of force using data on 1.6 million 911 calls in two cities, neither of which allows for discretion in officer dispatch. Results indicate White officers increase force much more than minority officers when dispatched...

Committee Spotlight: Q&A with the CSMGEP Co-Chairs Gary Hoover and Ebonya Washington

[News]

March 29, 2022

The CSMGEP Co-Chairs Gary Hoover and Ebonya Washington answer some questions about the committee's mission and activities.

Sadie T. M. Alexander (dec.), Distinguished Fellow 2022

[Page]

Front Matter

Journal of Economic Perspectives, Spring 2022

Slavery and the Rise of the Nineteenth-Century American Economy

[Symposium: Economics of Slavery]

By Gavin Wright

Journal of Economic Perspectives, Spring 2022

The essay considers the claim that slavery played a leading role in the acceleration of US economic growth in the nineteenth century. Although popular among pro-slavery apologists, the proposition fails under rigorous historical scrutiny. The slave Sout...

Children and the US Social Safety Net: Balancing Disincentives for Adults and Benefits for Children

[Symposium: Childhood Interventions]

By Anna Aizer, Hilary Hoynes, and Adriana Lleras-Muney

Journal of Economic Perspectives, Spring 2022

Economic research on the safety net has evolved over time, moving away from a focus on the negative incentive effects of means-tested assistance on employment, earnings, marriage, and fertility to include the potential positive benefits of such programs...

Universal Early-Life Health Policies in the Nordic Countries

[Symposium: Childhood Interventions]

By Miriam Wüst

Journal of Economic Perspectives, Spring 2022

Given mounting evidence on the negative impact of early-life shocks for the wellbeing of people over the life course, a growing economics literature studies whether early-life policies have symmetric positive effects. This paper zooms in on research on ...

Inequality in Early Care Experienced by US Children

[Symposium: Childhood Interventions]

By Sarah Flood, Joel McMurry, Aaron Sojourner, and Matthew Wiswall

Journal of Economic Perspectives, Spring 2022

Using multiple datasets on parental and non-parental care provided to children up to age six, we quantify differences in American children's care experiences by socioeconomic status (SES), proxied primarily with maternal education. Increasingly, higher ...

Economics of Foster Care

[Symposium: Childhood Interventions]

By Anthony Bald, Joseph J. Doyle Jr., Max Gross, and Brian A. Jacob

Journal of Economic Perspectives, Spring 2022

Foster care provides substitute living arrangements to protect maltreated children. The practice is remarkably common: it is estimated that 5 percent of children in the United States are placed in foster care at some point during childhood. This paper des...

Joan Robinson on Karl Marx: "His Sense of Reality Is Far Stronger"

By Carolina Alves

Journal of Economic Perspectives, Spring 2022

This paper revisits why Joan Robinson turned to Karl Marx in 1942 and which insights from Marxian economics she sought to incorporate into her later works, while commenting on how her encounter with Marx was received by some her of contemporaries. By th...

Recommendations for Further Reading

By Timothy Taylor

Journal of Economic Perspectives, Spring 2022

Should We Insure Workers or Jobs during Recessions?

[Symposium: Macro Policy in the Pandemic]

By Giulia Giupponi, Camille Landais, and Alice Lapeyre

Journal of Economic Perspectives, Spring 2022

What is the most efficient way to respond to recessions in the labor market? To this question, policymakers on the two sides of the pond gave diametrically opposed answers during the COVID-19 crisis. In the United States, the focus was on insuring worke...

A Social Insurance Perspective on Pandemic Fiscal Policy: Implications for Unemployment Insurance and Hazard Pay

[Symposium: Macro Policy in the Pandemic]

By Christina D. Romer and David H. Romer

Journal of Economic Perspectives, Spring 2022

This paper considers fiscal policy during the pandemic through the lens of optimal social insurance. We develop a simple framework to analyze how government taxes and transfers could mimic the insurance that people would like to have had against pandemi...

The $800 Billion Paycheck Protection Program: Where Did the Money Go and Why Did It Go There?

[Symposium: Macro Policy in the Pandemic]

By David Autor, David Cho, Leland D. Crane, Mita Goldar, Byron Lutz, Joshua Montes, William B. Peterman, David Ratner, Daniel Villar, and Ahu Yildirmaz

Journal of Economic Perspectives, Spring 2022

The Paycheck Protection Program (PPP) provided small businesses with roughly $800 billion dollars in uncollateralized, low-interest loans during the pandemic, almost all of which will be forgiven. With 94 percent of small businesses ultimately receiving...

American Enslavement and the Recovery of Black Economic History

[Symposium: Economics of Slavery]

By Trevon D. Logan

Journal of Economic Perspectives, Spring 2022

This paper reconsiders the evidence needed to answer pressing questions of economic history and racial inequality, the Third Phase of research on American Enslavement and its Aftermath. First, I briefly summarize how economists have sought to understand s...

The Cumulative Costs of Racism and the Bill for Black Reparations

[Symposium: Economics of Slavery]

By William Darity Jr., A. Kirsten Mullen, and Marvin Slaughter

Journal of Economic Perspectives, Spring 2022

Two major procedures for establishing the monetary value of a plan for reparations for Black American descendants of US slavery are considered in this paper: 1) Enumeration of atrocities and assignment of a dollar value to each as a prelude to adding up...

Big debt, childhood interventions, and COVID-19 in developing countries

[News]

April 07, 2022

Reading recommendations from Timothy Taylor, managing editor of the Journal of Economic Perspectives.

AEA congratulates Lisa Cook on being named a governor at the Federal Reserve

[News]

May 13, 2022

Lisa Cook becomes the first Black woman appointed to the Board of Governors of the Federal Reserve.