Maxwell School News and Commentary
Filtered by: Economic Policy
Popp article on climate policy published in Newsweek
See related: Climate Change, Government, Taxation, United States
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
Gueorguiev comments on US-China trade talks, Huawei in Washington Examiner
"If differentiating the Huawei issue into trade and security strands makes it politically more palatable for the Trump administration to make a limited deal that lifts the ban on non-security related Huawei transactions, it is hard to see what the Chinese side stands to gain from not playing along," says Dimitar Gueorguiev, assistant professor of political science.
See related: China, Economic Policy, Trade, United States
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
Hou paper wins joint best research award
Yilin Hou, professor of public administration and international affairs, won a joint best research award from the Deng Ziji Foundation and the Journal of Trade and Finance Economics in China for a co-authored paper published in the journal. The paper provides evidence to advocate for a broad-base property tax in order to capture the capitalized value arising from improved public services.
See related: Awards & Honors, China, Taxation
McDowell op-ed on Lagarde's tenure as IMF director published in World Politics Review
"Thanks to Christine Lagarde’s leadership, her successor will inherit a stronger institution and far less tumultuous conditions. Yet her tenure in Washington was not without controversy. She also leaves her replacement with some major challenges, including preparing for the next financial crisis and keeping the peace between the IMF’s two most important member states," writes Associate Professor of Political Science Daniel McDowell.
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
Lovely quoted in Christian Science Monitor article on recession fears
Fears of recession are growing, especially in the business community, and the question is whether that uncertainty will spread to consumers. "We won’t see that until we start to see a real slowdown in hiring," says Professor of Economics Mary Lovely.
See related: Economic Policy, Federal, United States