“Inequality begins at birth,” Art Rolnick said in response to the question about what he’s working on now. “Indeed, it begins prenatal. And there is no market for purchasing…
“Norway has thought long and hard about investment policy and transparency,” says Kurt Winkelmann. Norway’s sovereign wealth fund embraces the discipline of publishing every…
The shift toward one-time bonuses from sustained wage increases is less favorable for workers, said Fatih Guvenen. “Bonuses are never guaranteed,” he said, adding they give…
Employment in the music and motion-picture industries has expanded. The new jobs pay less than when gatekeepers ruled the earth, but Waldfogel found that as a whole, the…
Commentary in MinnPost by Public Pension Senior Fellow Kurt Winkelmann outlines why more steps must be taken to reduce risks in Minnesota's public pension system
The University of Minnesota Department of Economics has historically been one of the top in the world, producing nine Nobel Prize-winning faculty and alumni along the way…
McFadden’s intellectual contributions are many, but his most famous contribution was how to statistically handle discrete choices. Put very simply, before McFadden’s work, the…
President Donald Trump and other political leaders have touted the Foxconn plant in Wisconsin as good for the local economy, but critics point out that this is one of the…
When workers are solely responsible for their own retirement income, the savings rate should be about 18%. Moreover, investment policy calls for high equity allocations during…