Recessions result in lower birth rates in the long run

While it is largely understood that birth rates plummet when unemployment rates soar, the long-term effects have never been clear. Now, new research from Princeton University's Woodrow Wilson School of Public and International ...

Why and when to help firms retain workers in a crisis

With short-time work programs, governments allow firms experiencing temporary demand or productivity shocks to reduce hours worked, while providing income support to their employees for the hours not worked. A new study finds ...

Why sending money to the neediest can boost the US economy

In response to the shock of the COVID-19 pandemic, Congress pumped trillions of dollars into the economy in the form of stimulus checks, expanded unemployment benefits, and targeted spending to bolster specific industries ...

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