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

Natural Experiments in Labor Economics and Beyond

Question A:

The introduction of natural experiments to economic analysis of the labor market and related areas has led to a more precise understanding of cause and effect.

Question B:

The ‘credibility revolution’ in empirical economics has improved our understanding of a number of public policy issues, including education, immigration and the minimum wage.

Question C:

In pursuit of credible research designs, researchers often seek good answers instead of good questions.

 
Europe

Natural Experiments in Labor Economics and Beyond

Question A:

The introduction of natural experiments to economic analysis of the labor market and related areas has led to a more precise understanding of cause and effect.

Question B:

The ‘credibility revolution’ in empirical economics has improved our understanding of a number of public policy issues, including education, immigration and the minimum wage.

Question C:

In pursuit of credible research designs, researchers often seek good answers instead of good questions.

 
US

Vaccine Mandate

Following the Biden administration’s announcement of its intention to require that anyone at a firm with more than 100 employees or in the federal workforce be vaccinated or tested regularly, we invited our US panel to express their views on the likely economic impact of the vaccine mandate. We asked the experts whether they agree or disagree with the following statement, and, if so, how strongly and with what degree of confidence:

 
FT-Booth US Macroeconomists Survey

FTxIGM Survey: A 2022 Rate Hike?

This month’s FTxIGM US Macroeconomists Survey looks at a 2022 interest rate hike. It also examines a timeline for when the FOMC might begin tapering of its purchases of Treasuries and mortgage-backed securities. The summary results are below and you can read the Financial Times article here, subscription required. For social media: Please use the […] 
US

Competition in Labor Markets

This week's US Economic Experts Panel statements:

A) The use of non-compete clauses in US employment contracts reduces workers' mobility and wages by more than is justified by the protection of employers' intellectual property and trade secrets.

B) Occupational licensing reduces mobility and wages for workers in many sectors where they could safely deliver services that consumers would prefer to those offered by licensed workers. 
Articles

Task Force on Financial Stability 2021 Report Release

On June 29, the Task Force on Financial Stability, organized by the Hutchins Center at Brookings and the Initiative on Global Markets at the Chicago Booth School of Business, released a report that focuses on the U.S. Treasury market, open-end mutual funds, housing finance, derivatives clearinghouses, and life insurance companies. The report also provides recommendations […]