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Brown: Evidence indicates increasing minimum wage has a modest negative impact on employment in the short term

Wagner and Heeringa study facets of suicide risk among US Army soldiers

Shaefer on study showing US spends less on poorest children, more on the elderly, than it did 20 years ago

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Call for Papers: PSID User Conference 2018: Child Wellbeing and Outcomes in Childhood, Young Adulthood, and over the Lifecourse

Martha Bailey elected to the board of the Society of Labor Economists

Patrick Kline wins SOLE's Sherwin Rosen Prize for "Outstanding Contributions in the Field of Labor Economics"

Charlie Brown elected to the board of the Society of Labor Economists

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More PSC brown bags, Fall 2018

Matthew D. Shapiro

Shapiro says Americans' low spending reflects "cruel lesson" about the dangers of debt

a PSC In The News reference, 2016

"The economy’s real drag: Us" - Washington Post. 05/08/2016.

Lower consumer spending is contributing to America's sluggish economy. Rather than borrowing and spending, Americans are repaying old debt and saving more. Why? Matthew Shapiro says "people got a cruel lesson about [the dangers] of debt” during the housing bubble and recession, when mortgages and credit card debt soared. Shapiro says that if Americans are able to keep saving, household spending may continue to rise at a slow and steady pace.


Matthew D. Shapiro

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