Faculty in media

Professor Hallwood and the Scotland Act

Professor Paul Hallwood’s work has been seen to have influenced the Constitutional settlement for Scotland – i.e. the Scotland Act of 2016.

“Have the wheels come off the plan to make Scotland a global player?” The Herald, 7th April 2012

“One paper, an eighth lecture – the [Allender] series was extended after the first seven – was delivered by the Scottish economist Ronald MacDonald and the American Paul Hallwood, and became the subject of intensive political scrutiny. They argued that greater fiscal autonomy for the Scottish Parliament might encourage better economic decision making”.

The Scotland Act of 2016 indeed incorporates many of their ideas for greater tax raising powers being devolved to the Scottish Parliament.

The Scottish Parliament’ s new powers are being delivered by the Scotland Act 2016 [1] :

  • Scotland has new powers as part of a secure UK.
  • The Scotland Act 2016 delivers the UK Government’ s commitment to the people of Scotland.
  • It brings a better balance to Scotland’ s devolution settlement.
  • The new powers give the Scottish Parliament much greater tax raising powers.
  • In future, Holyrood will be responsible for raising more than 50% of what it spends – making it one of the most powerful devolved parliaments in the world.
  • The Scottish Parliament will set the income tax rates and thresholds for earned income in Scotland.
  • This represents annual income tax revenues of around £11 billion.
  • The Scottish Parliament will retain around 95% of the income tax collected here.
  • The Scotland Act gives the Scottish Parliament the power to make decisions on important areas of daily life in Scotland

Posted by the Scottish Office: GetInOnTheAct

Hallwood, P and R MacDonald (2009) The Political Economy of Financing Scottish Government, Studies in Fiscal Federalism and State-local Finance, Edward Elgar, Cheltenham.

Hallwood P and R MacDonald (2006), “A Restatement of the Case for Scottish Fiscal Autonomy”, Quarterly Economic Commentary, Fraser of Allender Institute, 31, 49-53.

MacDonald R and P Hallwood (2006), “The Economic Case for Fiscal Autonomy with or without Independence”, The Policy Institute, Edinburgh.

 

[1] Scotland_Act_tax_factsheet.pdf (publishing.service.gov.uk)

Professor Furtado on NPR’s All Things Considered

Nursing homes are really struggling. We all witnessed the devastating number of Covid deaths in nursing homes throughout the pandemic. Now, nursing homes are toiling with labor shortages that make it very difficult to provide adequate care for residents. While the immediate impacts of the pandemic will eventually stabilize, in the coming decades, nursing homes will need to cope with increases in the demand for their services as baby boomers age. How will an industry that has struggled to hire and keep enough workers even before the pandemic be able to address the increasing care needs of an aging population?

One potential solution: A more open immigration policy. Professor Delia Furtado’s new research shows that nursing homes in areas receiving more immigrants are able to provide better quality care for residents. She talked about why this might be on The Indicator Podcast. Part of this interview aired on All Things Considered.

In related work, PhD student Treena Goswami finds that older college-educated native-born women remain in the labor force longer when they live in areas with more immigrants. Her analysis suggests that when immigrants are available to provide inexpensive care-giving or housekeeping services, older women (who can afford these services) do not have to prematurely leave the labor force in order to provide full time care for loved ones. Further evidence that policies allowing for more immigration might help the U.S. address the care-giving needs of an aging population.

Professor Ross interviewed by NBC about ‘Tulsa Remote’ Program

Professor Steve Ross was recently interviewed by NBC Universal about the ‘Tulsa Remote’ program, which provides financial incentives to encourage individuals who are working remotely to move to Tulsa.

See the story here:

Working from home? You could get paid $10,000 to do that from Tulsa, Oklahoma

Professor Ross to serve on Hartford’s Universal Basic Income Task Force

Professor Stephen Ross will be serving on the Universal Basic Income (UBI) working group for the City of Hartford, tasked with guiding a pilot program to evaluate the possible implementation of a UBI by the city.

The pilot program was featured this week in an article in the Hartford Courant:

City of Hartford exploring giving no-strings, monthly cash payments to single, working parents

 

Professor Prakash and Association for Mentoring & Inclusion in Economics in UConn Today

Professor Nishith Prakash and his work with the Association for Mentoring & Inclusion in Economics has been featured in the most recent UConn Today:

New Association Co-Founded By UConn Professor Looks to Diversify Economics

The field of economics, like many areas of academics and society, has struggled over time to bring a diverse range of people into the discipline.

To address some of these issues, a UConn professor has helped create a new organization with the goal of lessening gender, race, and socioeconomic-based gaps in economics through mentorship, resource provision, and the creation of a network focused on inclusion.

AMIE, the Association for Mentoring & Inclusion in Economics, was recently founded by Nishith Prakash, an associate professor of economics at UConn with a joint appointment in the school’s Human Rights Institute. The co-founder is Priya Mukherjee, an assistant professor of economics at the University of Wisconsin.

The pair started informally working on this idea while they were both visiting scholars at Boston University’s Institute for Economic Development three years ago, and decided to formally launch AMIE this year.

Specific groups that are a focus of AMIE include underrepresented minorities, the LGBTQIA+ community, first-generation college students, women, and international students – both those studying in the United States and abroad.

The full article is online at:

New Association Co-Founded By UConn Professor Looks to Diversify Economics

 

Professor Lanza’s 2021 Forecast for the Connecticut Economy Featured in HBJ

Professor Lanza’s 2021 forecast for the Connecticut economy was featured in the December 28, 2020 issue of the Hartford Business Journal.

Lanza predicts a year of moderate recovery as vaccines roll out and the state gets back to work.

The complete forecast may be found online at:

https://www.hartfordbusiness.com/article/hbjs-2021-economic-forecast