The Federal Reserve (the Fed) is the central bank of the United States. It has a congressional mandate to promote maximum sustainable employment and price stability. In normal times, the Fed seeks to achieve this mandate by setting the position or "stance" of monetary policy, primarily by managing the level of short-term interest rates.…

These are unprecedented times for K-12 schools. With a global pandemic, an economic recession, calls for racial justice, natural disasters, divisive politics, and the already demanding work of educating students on their plates, school system leaders face a set of crises unlike anything most have ever experienced. To help leaders through these…

The COVID-19 crisis has presented unprecedented challenges for higher education, including significant fiscal impacts for states, institutions, and individuals. The economic implications of the COVID-19 crisis are already impacting state and institution budgets, suggesting that states and institutions will be forced -- at least in the near term --…

School districts and state education systems across the country are in the midst of an increasingly challenging fiscal environment. In many states, funding for K-12 education remains below pre-recession levels in what has been called a "punishing decade for school funding" (Leachman et al., 2017), despite efforts in recent years to…

A historical perspective on economy metaphor can shed new lights on economic thoughts. Based on the TIME Magazine Corpus (TMC), this paper investigates inflation metaphor over 83 years and compares findings against the economic data over the relatively corresponding period. The results show how inflation, an abstract concept and a normal economic…

Given the expected advantages for individuals and societies, financial literacy is high on the policy agenda in many countries. This paper reports the results from a unique survey conducted on a sample of 13-16-year-old students in five European countries, aimed at measuring and comparing their level of financial literacy skills. The results…

The authors present a version of the Diamond-Mortensen-Pissarides model of unemployment that is accessible to undergraduates and preserve the dynamic structure of the original model. The model is solvable in closed form using basic algebra and admits a graphical representation useful for illustrating a variety of comparative statics. They show how…

International students comprise an important segment of the global migrant community, yet their migration motivations, intentions, and outcomes have been understudied. Whereas past research largely considers international students in science, technology, engineering and mathematics (STEM) fields; potential migration plans; and economic factors,…

This study aims to identify how uncertainty and insecurity in the post-2008 period have reshaped risk management in the university systems. The study scrutinises internal control in the contexts of the English university system and the State University of New York (SUNY) system. It utilises the concept of 'risk' by exploring 'risk society' theses.…

While some studies in Zimbabwe have examined the relevance of education in rural settings, very few have done so using a human development-oriented framework such as the capabilities approach, as this paper does. In linking education and human development, the capabilities approach facilitates an examination of intersecting individual contexts and…

This report is a comprehensive analysis of college spending trends and the impact spending has on tuition and student success. American Council of Trustees and Alumni (ACTA) analyzed data from more than 1,500 four-year public and private, nonprofit colleges and universities. The data reveal that institutional spending has continued to surge…

We examine the correlates of district spending and revenue losses following the onset of the Great Recession and the role of fiscal federalism in mitigating these losses. We estimate whether spending and revenue declines were driven primarily by local labor market conditions or the degree of state fiscal centralization. Utilizing population level…

In Latin America the development of early childhood education has been uneven and mixed. In some countries, the public education system includes kindergartens (for 4 to 6 year olds), early childhood schools (for children from birth to 5/6), nurseries (from birth to 3) schools and/or playschools. Working days vary in length, with daytime and…

"Reskilling for the Pandemic Recession and Recovery" focuses on the U.S. economic downturn since the beginning of the COVID-19 pandemic, which has had a disproportionate impact on Black and Hispanic individuals, women, and people without a postsecondary degree. Considering these challenges, the brief details policy proposals for…

The purpose of this study is to assess how public higher education institutions are serving the public good at time when economic, social and environmental conditions are increasingly becoming more volatile. While by no means the only issues of concern, Zizek (2009) argues that impending ecological threats, the growing divide between the rich and…