My report on reforming state incentives released today. 5-page summary: research.upjohn.org/cgi/view… Conclusions: current incentives have modest returns and large costs. Reforms that use more cost-effective services & target distressed places & reform housing can increase returns 6x
(2) Key to making incentives have larger effects on per capita incomes, and lower fiscal costs, are to move from cash to customized business services. Targeting and more elastic housing supply also helps - however, targeting only makes major difference if tightly targeted.
My report (with 2 colleagues) on impact of adding training to business tax incentives in Chattanooga is being released today: research.upjohn.org/up_techn…
Bottom-line: adding training has benefit/cost ratio > 25 to 1.
A major Upjohn Institute report is being released today.upjohn.org/research-highligh… This report looks at benefits vs. costs of state/local incentives for 50 large clean energy projects, involving over 95k in jobs, & almost $29B in incentives.
Design: B/C goes up if avoid excessive incentives per direct job, put more emphasis on incentives that are customized services, and enforce clawbacks.
I am presenting a webinar tomorrow at 1 pm Eastern. Webinar summarizes a new report on state/local incentives for 50 large clean energy projects: 22 states, 95K jobs, $29B incentives. rmi.org/events/webinar-asses…
Tim Bartik retweeted
“Few books in political theory foreground the author’s biography this much. But it lands.”
My @LARB review of Furious Minds: Laura Field offers the closest thing to a mole’s-eye view of MAGA — and shows why liberals keep missing what they’re up against.
lareviewofbooks.org/article/…
Our Upjohn Institute study on RxKids in Flint was released yesterday. RxKids is universal cash assistance to pregnant moms during pregnancy & child's first year. Bottom-line: program has large spillover benefits beyond direct benefits to assisted moms. upjohn.org/research-highligh…
This infographic by my Upjohn Institute colleague Katie Bolter does a great job of summarizing findings:


