Senior economist at the Upjohn Institute for Employment Research

Kalamazoo, Michigan
Joined August 2012
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
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(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.
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(3) It is plausible that reformed policies -- customized services, targeting distressed places, more housing as population grows -- can over 20 years have fiscal benefits exceeding costs.
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Why such high benefits? (1) adding training helps increase proportion of jobs for Chattanooga residents; (2) training is more cost-effective per job induced than typical business tax incentives.
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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.
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Design: B/C goes up if avoid excessive incentives per direct job, put more emphasis on incentives that are customized services, and enforce clawbacks.
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Housing policy: B/C for incentives goes up if housing supply grows to accommodate population growth. This avoids effective multipliers being reduced by feedbacks from higher local costs.
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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…
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“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/…
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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…
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This infographic by my Upjohn Institute colleague Katie Bolter does a great job of summarizing findings:
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Study was done by me, & my colleagues Brad Hershbein, Iryna Lendel, and Sevrin Williams.
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