Clark Center Forum

About the Clark Center Forum

The Forum for the Kent A. Clark Center for Global Markets is home to the European, Finance, and US Economic Experts Panels as well as a repository of thoughtful, current, and reliable information regarding topics of the day.
US

High-Skilled Immigrant Visas

Question A:

If the US significantly lowers the number of H-1B visas now, expected US tax revenues will rise materially over the next four years.

Question B:

If the US significantly lowers the number of H-1B visas now, employment for American workers will rise materially over the next four years.

 
Europe

City of London

Question A:

All else equal, there are substantial advantages to having much of Europe’s human capital and infrastructure for international financial activity clustered in a single city, as they are at present in London.

Question B:

All else equal, Britain’s rules on hiring, firing and working hours are significantly more conducive to financial activity than those in other large European countries.

 
US

Trump and Share Prices

This week’s IGM Economic Experts Panel statements:

A) US share prices have risen since Donald Trump’s election victory at least partly because the policies he seems poised to implement are likely to increase US after-tax corporate profits.

B) US share prices have risen since Donald Trump’s election victory at least partly because the policies he seems poised to implement are likely to increase US real GDP growth. 
Europe

Italy’s Banks

This week's European IGM Economic Experts Panel statements:

A) Setting the EU rules aside, and assuming it would take 2.5% of Italy’s GDP to recapitalize its banks, the Italian government would improve financial stability in Europe if it injected this amount of public funds into its banks.

B) If Italy were to inject public funds into its banks without imposing losses on at least some claimants, an important cost would be the effect on future incentives (economic or political) in Europe. 
News

IGM launches new panel of top European economic experts

How should Europeans respond to the powerful economic forces and the daunting policy challenges they face? Among voters, policy makers and pundits across the region, views differ widely: both over what has been happening in Europe’s economies and over what will happen if different approaches are tried. To support this debate, Chicago Booth’s Initiative on Global Markets has assembled a panel of leading European economic experts.



The panel’s goal is to explore the experts’ views on some of the most important policy questions facing the region – issues such as trade, migration, taxes, banks, markets, and competition – and to share these views directly with the public in a simple way. 
Europe

Brexit

This week's IGM European Economics Experts Panel statements:

A) Because of the Brexit vote's outcome, the UK's real per-capita income level is likely to be lower a decade from now than it would have been otherwise.

B) Because of the Brexit vote's outcome, the rest of the EU's real per-capita income level is likely to be lower a decade from now than it would have been otherwise. 

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