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Becker Brown Bag: The End of the American Dream? Inequality and Segregation in US Cities

Research Brief

Markups, Labor Market Inequality and the Nature of Work

Odds are, when you think of workers in a modern industrialized economy, you imagine all kinds of jobs, from those on factory floors and farms, to those in sales, marketing, and business development. You might also imagine that, over time, the percentage of people working in so-called blue-collar jobs, while still the majority, has decreased relative to white-collar workers.
Topics:  Employment & Wages
Research Brief

Income Growth and the Distributional Effects of Urban Spatial Sorting

The rebirth of downtown American cities in recent decades has turned neighborhoods that formally housed lower-income families—and that may have also harbored manufacturing, warehousing, and other bygone industries—into thriving high-end residential spaces, where people enjoy new coffee shops, restaurants, bars, and entertainment venues.
Topics:  Economic Mobility & Poverty
Research Brief

The End of the American Dream? Inequality and Segregation in US Cities

The promise of the American dream is about the possibility of upward mobility; namely, that anyone, regardless of where they were born and what class they were born into, can achieve success on their own terms.
Topics:  Economic Mobility & Poverty
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2019 Women in Macro Conference

The second annual Women in Macro Conference brought together influential women economists from around the...
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UChicago Policy Forum: Assessing the Contributions of Behavioral Economics to Economic Science

The Macro Finance Research Program (MFR), Center for the Economics of Human Development (CEHD), and Harris Public Policy launched the“University of...
Research Brief

Dynamism Diminished: The Role of Housing Markets and Credit Conditions

The Great Recession of 2007-09 raised several issues about the relationship of housing markets to economic activity. One issue concerns the impact of housing prices on the development of new and young firms. Another involves how housing market ups and downs affect local economies.
Topics:  Economic Mobility & Poverty, Employment & Wages, Fiscal Studies, Monetary Policy
Research Brief

The Aggregate Implications of Regional Business Cycles

Erik Hurst
The Great Recession of 2007-09 was the worst US economic downturn since the Great Depression, with the unemployment rate peaking at 10 percent and the broader measure of unemployment that includes discouraged workers and those working part-time for economic reasons (known as U6), at 17.1 percent. However, those are aggregate numbers, and many regions of the country fared much worse while others experienced a relatively mild decline.
Topics:  Employment & Wages