Louise Sheiner of the Hutchins Center on Fiscal and Monetary Policy interviews Lea Rendell of the University of Maryland, one of the coauthors of a new BPEA study that asks “Where are the missing workers?” Explanations they discuss include fear of COVID-19 and shifting work-life balance preferences.
Pinelopi Goldberg and Tristan Reed discuss their new BPEA research, using trade, capital flow, and immigration to show that there has been a slowing in globalization beginning around 2015, well before the COVID-19 shocks.
The Inflation Reduction Act is the largest climate legislation ever passed in the U.S. The bill's incentives will affect the entire energy sector, from producers of raw materials to end-use consumers. BPEA paper co-author Neil Mehrotra speaks with Sanjay Patnaik about the bill's policy implications.
Governments around the world used both large fiscal packages and credit market interventions to support their economies during the COVID-19 pandemic. In this episode, BPEA authors Gee Hee Hong and Deborah Lucas analyze the impact and importance of the credit market intervention policies.