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The End of Loser Liberalism: Making Markets Progressive
Baker, Dean - Center for Economic and Policy Research (CEPR)
Progressives need a fundamentally new approach to politics. They have been losing not just because conservatives have so much more money and power, but also because they have accepted the conservatives’ framing of political debates. They have accepted a framing where conservatives want market...
Persistent link: https://www.econbiz.de/10009364321
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Attacking the Treasury View, Again
Baker, Dean - Center for Economic and Policy Research (CEPR) - 2012
This paper considers the case for and against 'the treasury view' - the idea that in a downturn, government spending has no effect on economic activity or unemployment. The report covers three areas: the evidence for expansionary fiscal contraction – the idea that somehow cutting budget...
Persistent link: https://www.econbiz.de/10010555108
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Financial Engineering: The Simple Way to Reduce Government Debt Burdens
Baker, Dean; Diagne, Sheva - Center for Economic and Policy Research (CEPR) - 2013
Despite being thoroughly debunked, concern over high government debt-to-GDP ratios has hardly disappeared from policy … debates. As such, an overlooked possibility for reducing a high debt burden is simply buying back bonds at a discount when … hypothetical buyback of government debt in 2017. Long-term bonds that are issued at low interest rates will sell at substantial …
Persistent link: https://www.econbiz.de/10010681104
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CBO Projects More Severe Downturn
Baker, Dean - Center for Economic and Policy Research (CEPR) - 2009
The new economic projections from the Congressional Budget Office show the economy remaining well below its potential level of output until 2014. The projections show the unemployment rate averaging 10.2 percent in 2010 and gradually edging down to the long-term sustainable rate of 4.8 percent...
Persistent link: https://www.econbiz.de/10005068281
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Inflation Experiences in Latin America, 2007-2008
Weisbrot, Mark; Rosnick, David - Center for Economic and Policy Research (CEPR) - 2009
This paper looks briefly at the recent inflation experiences of ten Latin American countries: Brazil, Mexico, Venezuela …, Colombia, Chile, Peru, Ecuador, Guatemala, the Dominican Republic, and Bolivia. The authors construct a core inflation index … (excluding food and energy), and look at three-month changes in both headline and core inflation. The paper focuses on the …
Persistent link: https://www.econbiz.de/10005677193
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Did NAFTA Help Mexico? An Assessment After 20 Years
Weisbrot, Mark; Lefebvre, Stephan; Sammut, Joseph - Center for Economic and Policy Research (CEPR) - 2014
(inflation-adjusted) wages for Mexico were almost the same in 2012 as in 1994; and unemployment has increased significantly. It …
Persistent link: https://www.econbiz.de/10010741288
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The Housing Crash Recession and the Case for a Third Stimulus
Baker, Dean - Center for Economic and Policy Research (CEPR) - 2009
This paper makes the case for a third stimulus package to in the face of economic indicators signaling that the economy is in a deeper downturn than was expected based on previous projections. Specifically, the report calls for an employer tax-credit for extending health care coverage and...
Persistent link: https://www.econbiz.de/10004999571
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Deconstructing Structural Unemployment
Schmitt, John; Warner, Kris - Center for Economic and Policy Research (CEPR) - 2011
Some economic observers argue “structural unemployment” has increased in the wake of the Great Recession, but in this paper we find little support for either of two arguments that suggest that structural unemployment has been on the rise. The first argument focuses on the large increase in...
Persistent link: https://www.econbiz.de/10008867484
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Labor Market Policy in the Great Recession: Some Lessons from Denmark and Germany
Schmitt, John - Center for Economic and Policy Research (CEPR) - 2011
This paper reviews the recent labor-market performance of 21 rich countries, with a focus on Denmark and Germany. Denmark, which was widely seen as one of the world's most successful labor markets before the downturn, has struggled in recent years. Germany, however, has outperformed the rest of...
Persistent link: https://www.econbiz.de/10009024458
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Alternatives to Fiscal Austerity in Spain
Weisbrot, Mark; Montecino, Juan Antonio - Center for Economic and Policy Research (CEPR) - 2010
, likely outcomes for future debt-to-GDP ratios, and the probable results of alternative policies. …
Persistent link: https://www.econbiz.de/10008560250