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Around the campus
A new paper by Emmanuel Saez and Gabriel Zucman estimates that the top 1% of households fail to report about 21% of their income- and evades $175 billion in income tax annually. Read more
Photographer: Stefan Wermuth/Bloomberg
A Berkeley News article surveys the most recent research on minimum wage, showing work by Berkeley Economics faculty members David Card, Ellora Derenoncourt, and Michael Reich. Among other findings, the research shows that a "higher minimum wage will narrow the income gap between workers of color and white colleagues." Read more
Yellen should act quickly to assist financially stricken countries, writes Prof. Maury Obstfeld in a co-authored article for the Peterson institute for International Economics. "This action would help countries fight the pandemic and aid global economic recovery, to the benefit of the United States as well as the rest of the world." Read more
In an op-ed for NBC Think, affiliated professor Supreet Kaur shares her insights on the recent protests by millions of Indian farmers, highlighting the need for agricultural reforms that include safeguards like a regulatory framework and safety nets to protect farmers against economic volatility and exploitation by large corporations. Read more
In the 4th episode of EconoFact Chats, EconoFact’s Executive Editor Michael Klein interviews Maurice Obstfeld, Professor at U.C. Berkeley and the immediate past Chief Economist of the International Monetary Fund, on fiscal policy and the state of the economy. Listen to the podcast