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Productivity growth has been sluggish since the Great Recession and had been slowing before it. This slowdown has touched nearly every industry. Although part the slowdown may be related to weakness of investment related to the slow recovery of aggregate demand, structural issues also appear to...
Persistent link: https://www.econbiz.de/10011577929
Measures that enable the acquisition of new skills and reduce mismatches between the demand and supply of existing skills can boost US economic growth and make its benefits more inclusive. Although overall schooling performance has generally improved over time, many disadvantaged students still...
Persistent link: https://www.econbiz.de/10011577961
Since around 2007, the country has been enjoying an “energy renaissance” thanks to its abundant stocks of shale oil and gas. The resurgence in oil and gas production is beginning to create discernible economic impacts and has changed the landscape for natural gas prices in the United States,...
Persistent link: https://www.econbiz.de/10010464981
The U.S. population is becoming increasingly urban and has gradually shifted to the south and west. Policy restrictions have played a role in preventing dynamic areas expanding, and when they do expand it can be through low-density housing sprawl. Land use restrictions and a sluggish housing...
Persistent link: https://www.econbiz.de/10012420890
The U.S. population has become increasingly concentrated in large metropolitan areas. However, there are striking differences in between the performances of big cities: some of them have been very successful and have been able to pull away from the rest, while others have stagnated or even...
Persistent link: https://www.econbiz.de/10012421218
Job mobility is essential for a well-functioning market economy and for individual workers to boost their wages. This paper provides a re-assessment of job mobility in the United States during 2000-2018, based on a novel administrative data source covering almost all workers and job flows....
Persistent link: https://www.econbiz.de/10012421248