Lovely talks to Marketplace about weaknesses in US manufacturing
"We’re seeing the slowdown hit the Midwest, the farm belt," says Mary Lovely, professor of economics. "And a big slowdown in business investment, capital equipment purchases, is hitting states like Pennsylvania and Illinois."
See related: Agriculture, Trade, United States
Rothenberg paper on intergroup contact, integration published in American Economic Review
Lovely speaks with Business Insider, NPR, Washington Post about the US-China trade war
"The key issue is how long the trade disruptions between U.S. and China last," says Professor of Economics Mary Lovely. "The longer they go on, the more the old networks atrophy and new networks get solidified."
See related: China, Economic Policy, Trade, United States
Mitra discusses the state of India's economy in Economic Times
"The economy’s temporary problems can easily become more permanent unless both long-term and short-term measures are taken simultaneously," says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: Economic Policy, India
Lovely discusses impact of Hong Kong protests on trade with Fox News
Mary Lovely, professor of economics, says that the protests in Hong Kong haven't affected the U.S.-China trade talks as these are longstanding negotiations. "I think it does change the atmosphere for American businesses and the American public, as well as Chinese businesses and the Chinese public," she says.
See related: China, Economic Policy, Trade, United States
Lovely interviewed by CBS News on the US-China trade deal
"Even with the enormous emphasis President Trump places on restarting U.S. agricultural exports to China, details about the pace of expected Chinese purchases of $40 billion to $50 billion of American farm products are murky," says Mary Lovely, professor of economics.
See related: China, Economic Policy, International Agreements, Trade, United States
Lovely discusses the latest in US-China trade talks with Business Insider, NPR, The Week
"We have to remember that every other country in the world will be doing business with China. That puts our companies at a severe disadvantage in doing business," says Mary Lovely, professor of economics.
See related: China, Economic Policy, Trade, United States
Zhu weighs in on fossil fuel divestment in Harvard Crimson
Maria Zhu, assistant professor of economics, says that the University of California’s decision could be "a sign that the tides are shifting" on universities’ economic views of investing in fossil fuels. “If it has a positive impact, I do believe more schools will eventually divest for financial reasons, given that most of them tend to think social implications of divesting are positive or neutral at worst."
See related: Environment, U.S. Education, United States
Rothbart, Schwartz paper on impact of universal free meals published in JPART
Lovely discusses US, China with CNBC, Foreign Policy, Bloomberg, Business Insider, Financial Times
“The Chinese meanwhile are incredibly pragmatic, and they’ll certainly consider the possibility that the impeachment inquiry is having an effect. They’ll see the president as weakened. That will matter," says Professor of Economics Mary Lovely.
See related: China, Economic Policy, Trade, United States
Lovely quoted in Business Insider article on service-sector activity
"We can see that service jobs are put at risk when President Trump launches a trade war," says Professor of Economics Mary Lovely. "Many service jobs depend on trade, not just because we export services directly but also because services go into export production."
See related: Federal, Labor, Trade, United States
Lovely quoted in McClatchy article on impact of USMCA on auto prices
Mary Lovely, professor of economics, says "the effect of the agreement is going to be swamped by whatever happens next with the economy," about the trade deal.
See related: Canada, Economic Policy, Latin America & the Caribbean, Trade, United States
Yinger comments on NY property assessments in Syracuse.com article
"New York is all over the place,’" says John Yinger, Trustee Professor of Economics and Public Administration and International Affairs. "It has one of the craziest [property assessment] systems in the country."
See related: Housing, New York State, Taxation
Lovely helps debunk Trump's statement on China's economy in PolitiFact
"As an economy develops, growth rates come down," says Mary Lovely, professor of economics. "Over the long term, we have seen China’s average growth rate decline, which is what we would expect."
See related: China, Economic Policy
Maxwell announces new faculty members, department chair
See related: Promotions & Appointments
Lovely discusses US-China trade war with Business Insider, Marketplace
"Higher taxes on these goods are likely to be highly regressive, in that lower and middle class Americans spend a higher portion of their income on these Chinese imports than do higher income Americans," says Mary Lovely, professor of economics.
See related: China, Economic Policy, Trade, United States
Lovely discusses the US-China trade war with Insider, Bloomberg
See related: China, Economic Policy, Trade, United States
Lovely discusses costs of US-China trade war on Knowledge@Wharton
"We’re going to see permanently higher prices because the system as a whole will be less efficient," says Professor of Economics Mary Lovely. "President Trump’s actions are cementing firms’ view that this is going to go on for a long time."
See related: China, Economic Policy, Trade, United States
Lovely discusses impact of Trump's new tariffs in CNN op-ed
"This new bundle of taxes falls heavily on final goods, such as clothing, shoes, household goods and baby products. If the tariffs start on September 1, as suggested by the president's tweet, shoppers will see the impact immediately, as they begin their back-to-school shopping," writes Professor of Economics Mary Lovely.
See related: China, Federal, Taxation, United States
How We Grow Older
At AARP, policy chief Debra Whitman serves the needs of a 50-plus cohort while studying how everyone ages.
See related: Longevity, Retirement, United States