Tag: Department of Economics
How the COVID-19 recession will end
In a study documenting the evolution of the labor market from mid-March through November 2020, Rochester economics professor Lisa Kahn says controlling COVID is essential to restoring the economy.
COVID-19 is forcing state and local governments to prioritize financial obligations
Those worst off will likely have to borrow money and then decide which obligations to pay right away and which to delay, says a Rochester economist.
Debt relief programs have big return on investment during COVID-19 pandemic
A Rochester economist says the conflict between health priorities and economic policies can create spiraling crises in emerging market nations.
Rochester economist applauds Nobel Prize for collaborator Robert Wilson
Professor of economics Srihari Govindan’s collaborations with this year’s Nobel laureate go back 25 years and typically focus on other areas of game theory.
Long-standing economics seminar series renamed to honor Professor Emeritus Ronald Jones
The Ronald W. Jones Seminar in International Economics honors the Rochester economist’s six decades of work in the field of economics.
What will it take to restore the economy after COVID-19?
Narayana Kocherlakota, the Lionel W. McKenzie Professor of Economics, says the prospects for economic recovery depend on how effectively we can combat COVID-19.
Reopening the country will do little to restore the US economy
Rochester economist Lisa Kahn says multiple factors—not just stay-at-home orders—combined to generate the recent collapse in the labor market.
Social Security for wealthy retirees promotes greater bequests, more inequality
An analysis by Rochester economist Kegon Tan shows that increases and decreases in payments for the affluent affect what they leave behind, not what they spend.
Narayana Kocherlakota to Fed: Stop banks from paying dividends
In advance of this week’s Fed meeting, Kocherlakota calls on the Fed to prohibit banks from paying dividends to shareholders. “Banks should be keeping as much capital as they can,” he says.
Rochester economist: Without stronger leadership, ‘disaster’ lies ahead
Without a coordinated system of testing, tracing, and quarantining for COVID-19, economic activity cannot resume—and the downturn will be steeper and longer than any since before World War II, says Rochester economist Narayana Kocherlakota.