Research Library

Why have consumer credit scores gone up during the pandemic?  In this brief, public finance fellow Joyce Beebe discusses the disconnect between credit scores and other economic indicators, and the public policies behind the rising scores.

Electricity is the new oil when it comes to energy security, writes Mark Finley, fellow in energy and global oil. The immediacy of power outages and the ubiquity of critical elements of modern life powered by electricity mean the impact of oil supply disruptions are a walk in the park compared to our power vulnerabilities.

In this brief, public finance fellow Jorge Barro explains some of the long-term economic impacts of the COVID-19 pandemic and argues that policymakers can prepare for the impending macroeconomic shortfalls by maintaining a commitment to improving education, prioritizing immigration and resolving fiscal imbalances.

The author draws links between pandemics, the economy, nature and energy, showing that policies reducing the probability of future pandemics are a solid investment.

As the Budget Control Act nears expiry, it is important to reflect on its effectiveness — does the BCA provide a framework for curtailing unsustainable deficits and moving to a sustainable fiscal policy?  Read the authors' analysis at the Baker Institute Blog.

The new administration should immediately abandon the “America Alone” policies of the Trump administration and work with our allies to address China’s rampant IP theft and forced technology transfer, overproduction of steel and aluminum, and unlawful subsidies.

As the Biden administration confronts a difficult economic environment, experts at the Center for Public Finance highlight key policy levers Congress might use to stabilize the U.S. fiscal situation and propose three main dimensions on which fiscal policy proposals should be evaluated to ensure transparency.

With the cost of virgin plastic directly affected by oil and natural gas prices, the global plastics economy is highly vulnerable to shocks. The authors argue that in order to advance sustainability and solve existential crises like resource depletion and the environmental and social impacts of climate change, high-income countries should take the lead on the development of transparent, closed loops for plastics. DOI: https://doi.org/10.25613/JXVH-K250

Our current economic situation is not permanent, and laws should not be altered based on the idea that domestic shutdown will last forever. However, we should remain flexible as our economy recovers.