Daily Economy News
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Showcasing Teach-the-Teachers in Phoenix
Photo by Natalia V. Smirnova Last week I attended the Council for Economic Education’s 55th Annual Financial Literacy and Economic Education Conference in Phoenix, Arizona. Every year this conference gathers K–12 educators, council affiliates from across the country, Federal Reserve partners, and other educators. AIER collaborates with the council’s regional affiliates, as well as other…
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Social Security Benefit Adjustment: Why This Year is Unique
Yesterday, we reported our forecast that the cost-of-living adjustment to Social Security for 2017 would likely be between 0.2-0.5 percent, or $2-6 added to the average monthly Social Security payment. We are forecasting the smallest adjustment to the “COLA” on record. Today, let’s shine a light on how we came to that conclusion. The Social…
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COLA: We Forecast Tiny Social Security Benefit Increase
The American Institute for Economic Research is forecasting the smallest Social Security cost-of-living adjustment since that administration began automatic annual adjustments in the 1970s. We are forecasting with 90 percent confidence that when the increase is announced on Oct. 18, it will be between 0.2 percent and 0.5 percent. Our senior research fellow Max Gulker…
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Can Body Language Help Get a Small Business Loan?
One finding of my research on small businesses earlier this year is that they are better than their larger competitors at responding to so-called “soft” information. In larger firms, information often must be communicated through several hierarchical layers to a centralized decision maker; in small businesses, the decision maker is typically more closely linked to…
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Teamwork: In the Classroom vs. the Workplace
In my previous post, I described the different approaches to problem solving in the workplace as compared to the academic classroom. Today I want to emphasize another important difference between the classroom and the workplace: the role of teamwork. In his book “Engaged Learning in the Academy”, David Moore of New York University postulates that…
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Money Magazine Features AIER’s Retirement Withdrawal Calculator
Our Retirement Withdrawal Calculator was featured in Money Magazine on Thursday, as part of Walter Updegrave’s story on making sure you’ve taken the proper steps to prepare for retirement. His story urges readers to consider three things when preparing for retirement: saving enough, investing reasonably, and preparing a plan for how much you’ll withdraw each…
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AIER’s Beautiful Campus In Early Autumn
The leaves haven’t changed much yet, but the grass is still a lovely green on AIER’s scenic campus in the Berkshires as autumn sets in. I snapped these photos during a late afternoon earlier this week.
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Facing Criticism of ‘Value Added’ Teacher Evaluations
In light of my recent research brief about teacher value-added models, which estimate teachers’ contribution to student achievement, I was interested to read a recent Atlantic article by E.D. Hirsch. Prof. Hirsch has been an influential voice in education reform for decades, and from the article’s title, “Don’t Blame the Teachers,” one can guess that…
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The Value of Practical Experience
Picture: 2016-2017 academic year interns at AIER. From L to R: Sakshi Pareek (Drexel University); Fahd Zia (Lee High School) ; AIER’s Max Gulker (standing); Kevin Deptula (Williams College); Jacob Broude (Williams College). When AIER interns arrived on campus last week, their academic counselors were happy that students would be getting practical experience in…
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My Mini Days
The car was a wreck when I found it. It was British Racing Green and had been left to rot under a spruce tree.
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Showcasing Teach-the-Teachers in Phoenix
Photo by Natalia V. Smirnova Last week I attended the Council for Economic Education’s 55th Annual Financial Literacy and Economic Education Conference in Phoenix, Arizona. Every year this conference gathers K–12 educators, council affiliates from across the country, Federal Reserve partners, and other educators. AIER collaborates with the council’s regional affiliates, as well as other…
-
Social Security Benefit Adjustment: Why This Year is Unique
Yesterday, we reported our forecast that the cost-of-living adjustment to Social Security for 2017 would likely be between 0.2-0.5 percent, or $2-6 added to the average monthly Social Security payment. We are forecasting the smallest adjustment to the “COLA” on record. Today, let’s shine a light on how we came to that conclusion. The Social…
-
COLA: We Forecast Tiny Social Security Benefit Increase
The American Institute for Economic Research is forecasting the smallest Social Security cost-of-living adjustment since that administration began automatic annual adjustments in the 1970s. We are forecasting with 90 percent confidence that when the increase is announced on Oct. 18, it will be between 0.2 percent and 0.5 percent. Our senior research fellow Max Gulker…
-
Can Body Language Help Get a Small Business Loan?
One finding of my research on small businesses earlier this year is that they are better than their larger competitors at responding to so-called “soft” information. In larger firms, information often must be communicated through several hierarchical layers to a centralized decision maker; in small businesses, the decision maker is typically more closely linked to…
-
Teamwork: In the Classroom vs. the Workplace
In my previous post, I described the different approaches to problem solving in the workplace as compared to the academic classroom. Today I want to emphasize another important difference between the classroom and the workplace: the role of teamwork. In his book “Engaged Learning in the Academy”, David Moore of New York University postulates that…
-
Money Magazine Features AIER’s Retirement Withdrawal Calculator
Our Retirement Withdrawal Calculator was featured in Money Magazine on Thursday, as part of Walter Updegrave’s story on making sure you’ve taken the proper steps to prepare for retirement. His story urges readers to consider three things when preparing for retirement: saving enough, investing reasonably, and preparing a plan for how much you’ll withdraw each…
-
AIER’s Beautiful Campus In Early Autumn
The leaves haven’t changed much yet, but the grass is still a lovely green on AIER’s scenic campus in the Berkshires as autumn sets in. I snapped these photos during a late afternoon earlier this week.
-
Facing Criticism of ‘Value Added’ Teacher Evaluations
In light of my recent research brief about teacher value-added models, which estimate teachers’ contribution to student achievement, I was interested to read a recent Atlantic article by E.D. Hirsch. Prof. Hirsch has been an influential voice in education reform for decades, and from the article’s title, “Don’t Blame the Teachers,” one can guess that…
-
The Value of Practical Experience
Picture: 2016-2017 academic year interns at AIER. From L to R: Sakshi Pareek (Drexel University); Fahd Zia (Lee High School) ; AIER’s Max Gulker (standing); Kevin Deptula (Williams College); Jacob Broude (Williams College). When AIER interns arrived on campus last week, their academic counselors were happy that students would be getting practical experience in…
-
My Mini Days
The car was a wreck when I found it. It was British Racing Green and had been left to rot under a spruce tree.
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