Economics News

Michael Wasylenko, Maxwell Advisory Board Professor of Economics, says "highly skilled, highly educated workers find the best job matches in East and West coast cities," which are typically located in high tax states.

Yilin Hou, professor of public administration and international affairs and senior research associate at the Center for Policy Research, has won a prestigious economic policy research award from the Pu Shan Foundation of China, for his paper "Real Property Tax: Ability to Pay, Distribution of Tax Burden, and Redistribution Effects."

According to Professor of Economics Mary Lovely, "this is not a negotiating tactic. Trump is a true believer...He wrongly believes tariffs will help the U.S. auto industry."

"The economy has changed a lot since 1888 and in particular, when we think about who bears the burden of tariffs, we have to recognize the development of very complex supply chains for American companies," says Professor of Economics Mary Lovely. 

"More tariffs and failure to get a deal will ultimately seem to people like further failure of the government," says Mary Lovely, professor of economics.

Perry Singleton, associate professor of economics, was cited in Psychology Today, about his study which found that the association between disability and divorce is greatest among young and educated males who experience a work-preventing, rather than a work-limiting, disability.

The magazine leads with a feature on Minnowbrook at 50, where leading public administration scholars and practitioners gathered to address the field's most pressing issues. Historically, each Minnowbrook conference culminated in the publication of books, articles and/or special issues of journals that left a lasting impression on scholars around the world.

"Both sides are finding out that trade wars are painful," says Mary Lovely, professor of economics. "The Chinese economy is slowing. ...Foreign investment into the U.S. is down, and there is concern about domestic investment moving forward."

Mary Lovely, professor of economics, notes that some Chinese goods have no alternative sourcing, and even when workarounds from other countries are available, they are often not perfect substitutes and lead to higher pricing for U.S. companies.

Michael Wasylenko, Maxwell Advisory Board Professor of Economics, recently spoke at the Citizens Budget Commission conference on economic issues facing New York state. According to him, whose statements were featured on the GlobeSt.com article, stated that economic development programs require sustained support with horizons of 20 years

"It’s not going to put any of these banks in a good place to have these two big countries duking it out in the midst of their lending programmes," says Mary Lovely, professor of economics.

According to Mary Lovely, professor of economics, the decline in imports subject to tariffs could also be due to a slowdown in frontloading, or companies rushing orders to avoid duties.