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Valuing Identity in the Classroom: What Economics Can Learn from Science, Technology, Engineering, and Mathematics Education

[Symposium: Expanding the Appeal of Economics]

By Sergio Barrera, Susan Sajadi, Marionette Holmes, and Sarah Jacobson

Journal of Economic Perspectives, Summer 2024

Economics faces stubborn underrepresentation of minoritized identity groups. Economics instructors also largely use antiquated instructional methods. We leverage the literature from the fields of science, technology, engineering, and mathematics educati...

Lessons for Expanding the Share of Disadvantaged Students in Economics from the AEA Summer Program at Michigan State University

[Symposium: Expanding the Appeal of Economics]

By Lisa D. Cook and Christine Moser

Journal of Economic Perspectives, Summer 2024

Since 1974, the American Economic Association Summer Training Program has provided training and mentoring to students from disadvantaged backgrounds in economics. The aim of the program is to encourage and prepare these students to apply to PhD programs...

Sweeping Changes and an Uncertain Legacy: The Tax Cuts and Jobs Act of 2017

[Symposium: The Tax Cuts and Jobs Act of 2017]

By William G. Gale, Jeffrey L. Hoopes, and Kyle Pomerleau

Journal of Economic Perspectives, Summer 2024

The Tax Cuts and Jobs Act (TCJA) of 2017 introduced sweeping changes to individual and corporate taxation. We summarize the major provisions, trace the origins of the Act, and compare it to previous tax changes. We also examine the effects on the govern...

Lessons from the Biggest Business Tax Cut in US History

[Symposium: The Tax Cuts and Jobs Act of 2017]

By Gabriel Chodorow-Reich, Owen Zidar, and Eric Zwick

Journal of Economic Perspectives, Summer 2024

We assess the business provisions of the 2017 Tax Cuts and Jobs Act, the biggest corporate tax cut in US history. We draw five lessons. First, corporate tax revenue fell by 40 percent due to the lower rate and more generous expensing. Second, firms with...

Why Didn't the College Premium Rise Everywhere? Employment Protection and On-the-Job Investment in Skills

By Matthias Doepke and Ruben Gaetani

American Economic Journal: Macroeconomics, July 2024

Why has the college wage premium risen rapidly in the United States since the 1980s but not in European economies such as Germany? We argue that differences in employment protection can account for much of the gap. We develop a model in which firms and wo...