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Federal Reserve Bank of San Francisco | The Last Resort in a Changing Landscape

Money Marketeers of New York University Webinar
New York, NY
For delivery on Tuesday, April 15, 2021 2:00 P.M. EDT
Introduction
I grew up in Missouri surrounded by three rivers. Nearly every spring, at least one of them would flood. Each time this happened, families, businesses, and sometimes whole communities, would be forced to higher ground until the water receded and returned to its banks.
Public programs were there to assist. Teams helped people evacuate, temporary shelters were stood up overnight, and financial support was provided for repairs and rebuilding. By many measures, these responses were a win, repeated successes of a system meant to insure against these types of disasters. ....

New York , United States , National Bureau Of Economic Research , San Francisco , Robertf Engle , Julien Matheron , Johnm Roberts , Hess Chung , Fernanda Nechio , Thomas Laubach , Pat Parkinson , Etienne Gagnon , Andrea Raffo , Martin Neil , Justin Schardin , Andrea Ferrero , Paolo Dudine , Thorsten Drautzburg , Maryc Daly , Alanm Taylor , Le Bihan , Aaron Klein , Jordi Gal , Marcin Kacperczyk , Mathias Kronlund , Christopherj Neely ,

Parental Participation In A Pandemic Labor Market

Parental Participation In A Pandemic Labor Market
this post authored by Olivia Lofton, Nicolas Petrosky-Nadeau, and Lily Seitelman
Gender gaps in labor market outcomes during the pandemic largely reflect differences in parents’ experiences. Labor force participation fell much less for fathers compared with other men and all women at the onset of the pandemic; the recovery has been more pronounced for men and women without children. Meanwhile, labor force participation among mothers declined with the start of the school year. Evidence suggests flexibility in setting work schedules can offset some of the adverse impact on mothers’ employment, while the ability to work from home does not. ....

National Bureau Of Economic Research , United States , San Francisco , Jan Olmstead Rumsey , Laura Pilossoph , Nicolas Petrosky Nadeau , Maria Jose Prados , Olivia Lofton , Ryana Decker , Matthias Doepke , Christopher Kurz , John Grigsby , Adrian Hamins Puertolas , Lily Seitelman , Erik Hurst , Alex Weinberg , Current Population , Federal Reserve Bank , Mental Health , National Bureau Of Economic Research Working Paper , Differences In Couple Division Of Childcare , Current Population Survey , American Time Use Survey Leave Modules , American Time Use , Us Bureau Of Labor Statistics , Economic Letter ,

Working women bare the brunt of COVID-19 recession, studies say

April 1, 2021
UNDATED – According to a new study, working women are experiencing the worst effects of the COVID-19 recession. In “The Impact of COVID-19 on Gender Equality”, a National Bureau of Economic Research Working Paper, researchers suggest that more women in the United States will have lost their jobs because the industries they tend to work in have been harder hit by the effects of the pandemic. In addition, the coronavirus shutdowns have closed schools and daycare centers around the country, keeping kids at home and making it even harder for parents to keep working. In another survey by the Federal Reserve Bank of Kansas City, women held less than half of all jobs in March 2020, but more than half of the job losses in that month resulting from COVID-19, were jobs that women held. ....

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More on the Social Cost of Carbon — Are We Doing It All Wrong? | Foley Hoag LLP - Environmental Law

More on the Social Cost of Carbon — Are We Doing It All Wrong? | Foley Hoag LLP - Environmental Law
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U.S. Cross-border Tax Reform and the Cautionary Tale of GILTI

U.S. Cross-border Tax Reform and the Cautionary Tale of GILTI
Daniel Bunn
Key Findings
The U.S. joined many other developed nations in adopting territorial provisions and anti-base erosion rules as part of the 2017 tax reform.
One major piece of that reform, that is not typical in other territorial systems, is a new definition of currently taxable foreign earnings, Global Intangible Low Tax Income (GILTI), which is taxed at an effective rate of 13.125 percent, with the rate set to increase after 2025 to 16.4 percent.
Recent research has shown that foreign earnings of U.S. companies remain taxed at similar rates even after the 2017 reforms, implying that while the structure of U.S. taxes on foreign earnings changed, the overall burden did not. ....

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