Lovely op-ed on restoring US manufacturing published in San Antonio Express-News
"To restore U.S. manufacturing jobs, we need to ask why production costs are higher here than abroad. We need to rebalance the costs and benefits to favor the U.S.," writes Mary Lovely, professor of economics. "To successfully manufacture in the U.S. and pay American wages, employers use advanced capital equipment."
See related: Economic Policy, Federal, United States
Lovely quoted in Reuters article on how Biden will handle tariffs
"It’s unclear how [President Biden] will balance these different competing forces," says Professor of Economics Mary Lovely, about the different parties with a vested interest in Trump's China tariffs, such as labor unions, farmers and climate activists.
See related: Economic Policy, Federal, Trade, United States
Mitra, Karakas paper on the political economy of populism published
Schwartz discusses New York City school bus service in Gotham Gazette
"Although cutting school bus service may seem like an 'easy' way to save money, educators and policymakers should wield the budget knife carefully," write Amy Ellen Schwartz, Daniel Patrick Moynihan Chair in Public Affairs, and her co-authors.
See related: Children, Adolescents, New York City, State & Local
Lovely weighs in on China's purchase targets, trade deal in Washington Post
"Even if they buy huge amounts, they’re not going to be on target," says Professor Mary Lovely about U.S. exports to China.
Zorn appointed to oversee undergraduate education at IU Bloomington
See related: Promotions & Appointments
Latest Maxwell Perspective previews public affairs issues for voters
The eight essays include historical background and trends to explain the legacy of voters' choices in November. Also included in this edition are stories on historian David Bennett's 50-year-plus career, a new scholarship fund geared towards retention, and the COVID-19 pandemic.
See related: State & Local, U.S. Elections
Lovely weighs in on postponed review of US-China trade deal in Reuters
"I think Trump is a little afraid that this triumph of his will be hung around his neck, but more purchases and a bit of a delay would clearly help," says Mary Lovely, professor of economics.
See related: China, Trade, United States
Lovely speaks to China Daily about US techno-nationalism
See related: China, Economic Policy, Foreign Policy, United States
Lovely weighs in on EU-China investment agreement in SCMP
"In short, the pandemic has led to greater fear of Chinese unfair practices, not less," says Mary Lovely, professor of economics.
See related: China, Europe, International Agreements
Lovely comments on Barr's speech on pro-China policies in Washington Post
See related: China, Economic Policy, U.S. Foreign Policy, United States
Lovely speaks to Reuters, Yahoo Finance, Bloomberg about USMCA, China
"The champagne isn’t quite as fizzy as we might have expected—even under the best of circumstances—and there’s trouble coming from all sides," says Professor of Economics Mary Lovely. She adds, "this could be a trade agreement that quickly ends up in dispute and higher trade barriers."
See related: Canada, Economic Policy, International Agreements, Latin America & the Caribbean, Trade, United States
Mitra discusses what India needs to do to attract global supply chains in Economic Times
"Attracting GSCs to India is actually very hard work, without having any attractive catchphrase. There is no strategy other than considerable additional investment and effort into infrastructure and skill-building, tackling power bottlenecks, reforms in labour and land regulations and keeping protectionist forces at bay," writes Devashish Mitra, professor of economics and Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: China, Economic Policy, India, International Agreements, Trade, United States
Dean’s Office, CPR fund summer project assistantships
See related: Awards & Honors, Grant Awards, Research Methods
Lovely discusses Trump's Hong Kong policy in CNN article
"Walking away from situations that challenge U.S. interests, as Trump has done with Hong Kong, only to hide behind a wall of ever higher barriers, will only serve to leave China unchecked and America increasingly alone," writes Professor Mary Lovely.
See related: China, Economic Policy, Trade, United States
Wang paper on minimum distance estimation of Pareto exponent published in J of Applied Econometrics
Tóbiás featured in WalletHub article on economic fallout from COVID-19
Áron Tóbiás, assistant professor of economics, says the most important lesson that state authorities can learn from the economic fallout of this pandemic is "the unexpected happens—better be prepared." He adds, "From a public finance perspective, state governments (and the federal government, too) might want to think about setting up more robust rainy-day funds once this crisis is over."
See related: COVID-19, Economic Policy, Federal, State & Local, United States
Lovely comments on the future of the US-China trade deal in South China Morning Post
"The priority the two sides are placing on the deal is not so much a way to repair damage as it is to not cause further damage," says Professor of Economics Mary Lovely. "If the U.S. announces the deal is dead, Trump is locked into some kind of retaliation."
See related: China, Economic Policy, Trade, United States
Mitra discusses India's need for an effective rescue plan in Economic Times
"As reviving the economy is not possible without restarting production, there needs to be a phased exit from the lockdown through extensive testing that identifies people who can go back to work with the confidence that they won’t contract the disease from others," says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: Economic Policy, India
WP 230 Nonparametric Tests of Tail Behavior in Stochastic Frontier Models