Study finds Unemployment Insurnace(UI) had little to no impact on job finding, contradicting the theory that unemployment benefits incentivize people to stay unemployed and also suggests that temporary benefit supplements are a promising tool for countering economic downturns.

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#UnemploymentInsurance #JobMarketResearch #EconomicPolicy #JobSearch #TemporaryBenefits

Countries that experience democratic backsliding are more likely to face downgrades in their bond ratings 📉. The erosion of democratic institutions (e.g. electoral accountability 🗳️, institutional checks and balances ⚖️) increasing the likelihood of reckless economic policies 💸 and default.

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#DemocraticBacksliding #BondRatings #EconomicPolicy #InstitutionalIntegrity #FiscalResponsibility

Human Capital Investment after Loss of Ability - Reskilling subsidies for workers that enroll in Bachelor's programs after work accidents pay for themselves 4x 💼📚. This can inform policies for helping displaced workers from mass layoffs due to automation or globalization. 🌍🤖

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#HumanCapital #Reskilling #WorkforceDevelopment #EconomicPolicy #EmployeeSupport

Rising wealth dispersion 💰 and stagnating housing supply 🏠 explain the increase in US housing costs. Demand-side policies (e.g. down payment assistance) cause upward pressure on house prices while supply-side policies (e.g. tax credits for development) lower house prices by increasing the housing stock.

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#HousingCrisis #WealthDispersion #RealEstateTrends #AffordableHousing #EconomicPolicy

The Jones Act 🇺🇸 (which restricts all shipments from one US port to another to US ships) substantially increases US petrol prices. Eliminating the Jones Act would reduce average prices for East Coast gasoline ⛽, jet fuel ✈️, and diesel 🚛 by $.63, $.80, and $.82 per barrel, with massive benefits for consumers.

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#JonesAct #GasPrices #FuelCost #EconomicPolicy #ConsumerBenefits

Study shows that providing people with information about the universal benefits of public goods significantly increases support for higher taxation. 📈💰 This finding reveals a new mechanism that could contribute to reducing inequality by expanding government size while maintaining tax progressivity. 🌍⚖️

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#PublicGoods #Taxation #InequalityReduction #GovernmentSupport #EconomicPolicy

💰 Public support for wealth redistribution is primarily driven by fairness beliefs, not envy, according to a new study in the Personality and Social Psychology Bulletin.

📊 Researchers found that people who favor taxing the wealthy believe extreme wealth is often not earned through hard work, challenging the "politics of envy" narrative.

🧠 The study suggests left-leaning individuals are less likely to endorse meritocracy (belief that success is solely due to talent and hard work) and thus view wealth accumulation as potentially unfair, leading to support for redistribution.

🌍 Four studies involving 4,171 participants in the US and Germany reinforced these findings, showing meritocracy beliefs, not envy, strongly predict support for reducing income disparities.

#WealthRedistribution #Fairness #EconomicPolicy

White Americans who feel they are on the losing side of politics are more likely to oppose economic redistribution programs. Study finds this effect only appears when people compare their political standing directly to that of racial minorities.

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#PoliticalPreferences #EconomicPolicy #RacialPolitics