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Evidence from a half century of experience by U.S. states identifies nonlinearities in the effects of debt and fiscal policy on growth. Effects are Keynesian for low to moderate levels of debt and stimulus but anti Keynesian for sufficiently high levels of debt or stimulus. Results are broadly...
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A look at the Cleveland metropolitan labor market as a point of comparison to highlight how labor costs in a major industrial city fare with respect to other U.S. cities. ; A look at the Cleveland metropolitan labor market as a point of comparison to highlight how labor costs in a major...
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Do teacher unions affect the productivity of public schools? The authors examine this question using individual student data from the Sustaining Effects Survey sponsored by the U.S. Department of Education. Holding resources constant and using achievement gains on standardized tests as the...
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