Economic Statistics

US

Economic Statistics

This US survey examines (a) The termination of the Federal Economic Statistics Advisory Council and shrinking staff at the core US statistical agencies will lead to a substantial reduction in the reliability of government economic data; (b) The quality of economic policy-making will be substantially impaired by reduced funding for the core US statistical agencies; (c) The ability of businesses to forecast and plan will be substantially impaired by lower quality economic data
Finance

Capping Credit Card Interest Rates

This Finance survey examines: A bipartisan bill to cap credit card interest rates at 10% has been introduced recently in the House and the Senate: https://ocasio-cortez.house.gov/media/press-releases/ocasio-cortez-luna-introduce-bill-cap-credit-card-interest-rates-10; (a) Capping credit card interest rates at 10% would make most users measurably better off; (b) Capping credit card interest rates at 10% would lead to a substantial reduction in access to credit for low-income borrowers
US

Tariffs, Reciprocal and Retaliatory

This US survey examines (a) Matching US import tariffs to the tariffs, value-added taxes and non-tariff barriers imposed on US goods by other countries would substantially reduce the US trade deficit; (b) The threat of retaliation against the imposition of higher tariffs on a country’s exports substantially lowers the probability of a trade war; (c) In the event that the threat of retaliation does not deter the imposition of tariffs, the economies of countries subject to higher tariffs on their exports would be measurably better off by responding with targeted tariffs on imports from the first mover
Europe

Tariffs, Reciprocal and Retaliatory

This European survey examines (a) Matching US import tariffs to the tariffs, value-added taxes and non-tariff barriers imposed on US goods by other countries would substantially reduce the US trade deficit; (b) The threat of retaliation against the imposition of higher tariffs on a country’s exports substantially lowers the probability of a trade war; (c) In the event that the threat of retaliation does not deter the imposition of tariffs, the economies of countries subject to higher tariffs on their exports would be measurably better off by responding with targeted tariffs on imports from the first mover
Europe

Immigration to Germany and the EU

This European survey examines (a) The wave of immigration to Germany after 2015 (and up to the Russian invasion of Ukraine) has been a net positive for the country's economy; (b) Immigration to EU countries has been a net positive for government finances, adding substantially more in tax revenues than the increased costs associated with integration of immigrants; (c) Given Europe's low and falling fertility rates (from seven million births per year in 1960 to four million today), maintaining its position as a world economic power will require increased immigration over the medium term