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

Missing Productivity Growth

The biggest reason for the measured slowdown in US productivity growth since the mid-2000s is that productivity increases have gone mismeasured, including new and better products and services that have been insufficiently captured by real output data.

 
US

The Dollar

Because of the many special and unique roles that the dollar plays in global commerce, US citizens are substantially better off than they otherwise would be.

 
US

Aging

This week's IGM Economic Experts Panel statements:

A) Without changes in policy, a rising share of people who are over age 65 will exert a substantial downward influence on per capita real GDP in western European countries.

B) In European countries where the share of those over 65 is rising, there are net social benefits to adjusting retirement ages for state-financed (including pay-as-you-go) pension systems upwards, so that revised retirement ages better reflect longer life expectancies. 
Europe

Corporate Tax-Rate Harmonization

This week's IGM European Economic Experts Panel statements:

A)   Holding other policies fixed, the average European would be better off if every European country taxed corporate profits at a rate of 20% (based as closely as possible on a common definition of profits).

B)   If other policies were held fixed and every European country taxed corporate profits at a common rate of 20%, then reducing that common rate substantially below 20% would make the average European better off. 
Europe

Board Quotas for Women

This week's IGM European Experts Panel statements:

A) All else equal, if corporations throughout Europe set quotas for a minimum number of women board members, the shareholder value of European companies would increase.

B) Taking into account the likely effects on investments in human capital by men and women, setting quotas throughout Europe for a minimum number of women board members would generate substantial net benefits for Europeans. 
US

Tax Reform

This week's IGM Economic Experts Panel Statements:

A)   If the US enacts a tax bill similar to those currently moving through the House and Senate— and assuming no other changes in tax or spending policy — US GDP will be substantially higher a decade from now than under the status quo.

B)    If the US enacts a tax bill similar to those currently moving through the House and Senate— and assuming no other changes in tax or spending policy — the US debt-to-GDP ratio will be substantially higher a decade from now than under the status quo. 

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