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Owners' Equity as Percentage of Household Real Estate, 1980-2011CEPR / June 28, 2011
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House Prices Show First Rise in Nine Months in April Case-Shiller IndexDean Baker / June 28, 2011
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The Washington Post Thinks That Congress is Made Up of PhilosophersDean Baker / June 28, 2011
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New Prostate Cancer Drugs are Expensive Because of Government-Granted Patent MonopoliesDean Baker / June 28, 2011
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Why Is It So Hard to Understand that the Fiscal Commission Never Issued a ReportDean Baker / June 28, 2011
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Right to Rent: Will the Obama Administration Finally Fix Housing?Dean Baker
Truthout, June 27, 2011
Dean Baker / June 27, 2011
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Latin America and the Caribbean
Brazil: Real GDP by SectorCEPR / June 27, 2011
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Latin America and the Caribbean
Brazil: GDP Continues its Expansion in the First QuarterRebecca Ray / June 27, 2011
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European Authorities Risking Financial Contagion in Greek Showdown; Where Is the U.S. Government?Mark Weisbrot / June 27, 2011
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The Washington Post Still Has Not Heard About the Housing BubbleDean Baker / June 27, 2011
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Doctors Say, Just Give Us Government Money and Stop Asking QuestionsDean Baker / June 27, 2011
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President Obama Uses His Travel for Political Purposes and the Washington Post Is Shocked!Dean Baker / June 26, 2011
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Can't The NYT Find an Economist Who Knows Anything About the Economy?Dean Baker / June 25, 2011
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Talk About Coincidence!Yesterday CEPR released a new report about how work sharing can help prevent layoffs and reduce unemployment, On the same day, both the Center for American Progress and the New America Foundation also published issue briefs about work sharing.
Really, it was a coincidence! But is it a sign that work sharing is an idea whose time has come?
As "the first of our ideas that we believe could be achievable in Washington today," CAP's proposal provides context and analysis of how work sharing fits in today's political context. It concludes:
Work sharing may not create jobs, but it will certainly help keep those who have a job at work if employers need to reduce hours. We’ve seen this policy work—very effectively—in other countries. And it’s a relatively simple (and cheap) way to reduce unemployment here at home. For workers and their families and for the broader pace of economic recovery, Congress clearly needs to consider these job-sharing ideas, and soon.
NAF's policy brief goes into more detail, looking at the effects of work sharing in OECD countries, with special focus on Germany and Canada, as well as in the U.S. states that currently have work sharing programs in place.
CEPR and / June 24, 2011
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Labor Market Policy Research Reports, June 18-24, 2011The Center for Economic and Policy Research, Center on Budget and Policy Priorities, Demos, Economic Policy Institute, Employment Policy Research Network, and Political Economy Research Institute released the following reports on labor-market policy over the past week.
Center for Economic and Policy Research
Work Sharing: The Quick Route Back to Full Employment
Dean Baker
Center on Budget and Policy Priorities
Tax Holiday for Overseas Corporate Profits Would Increase Deficits, Fail to Boost the Economy, and Ultimately Shift More Investment and Jobs Overseas
Chuck Marr and Brian Highsmith
CEPR and / June 24, 2011