ECONOMY

Minimum wage hikes and robots

This paper studies how minimum wage policy affects firms’ adoption of automation technologies. Using both state-level measures of robot exposure and novel plant-level data on

ECONOMY

That Was Then/This is Now

Hat tip: Logan Dobson. The post That Was Then/This is Now appeared first on Marginal REVOLUTION. Source link

ECONOMY

Announced Job Layoffs Attributed to AI

In the Challenger, Gray and Christmas report for January is an interesting table, reporting the job losses attributed to each factor. Notice that in January,

ECONOMY

Trade Balance ex-Gold

From Wells Fargo today: Source link

ECONOMY

Effective tax rates for billionaires

Here is the tweet, here is the source data. The post Effective tax rates for billionaires appeared first on Marginal REVOLUTION. Source link

ECONOMY

Import Trends: Output, Policy Uncertainty, and/or Tariffs

As i was producing some extra slides for my macro course, I generated this graph: Figure 1: Change in GDP (bold black line), change accounted

ECONOMY

*You Have No Right to Your Culture: Essays on the Human Condition*

By Bryan Caplan, now on sale.  From Bryan’s Substack: My latest book of essays, You Have No Right to Your Culture: Essays on the Human Condition, flips

ECONOMY

“Trump Threatens 100% Tariffs on Canada If It Does China Deal”

That’s a title of a Bloomberg article, coming right after the Trump (temporary?) retreat on Greenland related tariffs. Economic Policy Uncertainty is likely to stay

ECONOMY

History of Econ Summer Camp

Graduate students with an interest in the history of economic thought should consider this summer program.  Source link

ECONOMY

WSJ Economic Survey: Downside Risk in GDP

While the mean forecast is for around 2.2% growth in 2026 (see this post), the trimmed 20% band suggests some downside risks. Figure 1: GDP