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Jason Furman NARA @CEAChair44
8. Raising coal royalties to better reflect econ value would increase government revenue & cut emissions. https://t.co/It0gWjV2xw — PolitiTweet.org
Jason Furman NARA @CEAChair44
7. CEA models four scenarios of different rationales for changing coal royalties to ensure fair return to taxpayers https://t.co/ScNOsD6wTq — PolitiTweet.org
Jason Furman NARA @CEAChair44
6. With artificially low prices, federal coal becoming increasingly dominant. Now accounts for 40% total market. https://t.co/9Hp60hJaoZ — PolitiTweet.org
Jason Furman NARA @CEAChair44
5. Federal coal much less expensive than nonfederal, distorting the mkt. Price ratio up from 3.3 in '90 to 5 in '14 https://t.co/RvA2IFMfco — PolitiTweet.org
Jason Furman NARA @CEAChair44
4. Royalty rate on coal sales set at 12.5%, but in practice much lower due to inflated deductions & contracts that minimize reported price — PolitiTweet.org
Jason Furman NARA @CEAChair44
3. Between 1990 & 2013, about 90 percent of auctions for federal coal leases had only one bidder & bids often near minimum price. — PolitiTweet.org
Jason Furman NARA @CEAChair44
RT @RFF_org: WATCH LIVE: RFF hosts @CEAChair & expert panel for the release of a new CEA report examining federal #coal leasing https://t.c… — PolitiTweet.org
Jason Furman NARA @CEAChair44
2. Current coal program is economically inefficient: bidding for leases is uncompetitive & royalties assessed based on self-reported prices. — PolitiTweet.org
Jason Furman NARA @CEAChair44
1. New CEA report examines economics of federal coal leasing program & need for reform https://t.co/9pI0ShUYPp https://t.co/ivHsJdu9wo — PolitiTweet.org
Jason Furman NARA @CEAChair44
Speaking tomorrow at 8:45 am at @RFF_org on economics of federal coal leasing program & new CEA report. Live stream: https://t.co/9ZfWPP0pZd — PolitiTweet.org
Jason Furman NARA @CEAChair44
RT @BGOV: .@CEAChair Jason Furman's plan to ensure economic growth is robust and sustainable https://t.co/tMaDnm53Wj https://t.co/DZlx8AcedD — PolitiTweet.org
Jason Furman NARA @CEAChair44
"Obama’s advisers just dismantled a key myth about the future of clean energy"- WP. See here https://t.co/wwV0kYRSL7 https://t.co/o4Bqs4IQV6 — PolitiTweet.org
Jason Furman NARA @CEAChair44
22. Full list of @POTUS policies to raise labor force participation, esp. among prime-age men & less-skilled workers https://t.co/yOpPC2P7iM — PolitiTweet.org
Jason Furman NARA @CEAChair44
21. Many @POTUS policies would help reverse this trend: raising wages & aggregate demand; infrastructure investm.; UI reform & job training. — PolitiTweet.org
Jason Furman NARA @CEAChair44
20. Another unique US factor is mass incarceration. Affects ~6-7% of prime-age men w long-term labor market impacts. https://t.co/kE9H392TUR — PolitiTweet.org
Jason Furman NARA @CEAChair44
19. US labor market is very flexible & much less supportive compared to OECD, yet has low labor force participation. https://t.co/gBAHUmRQ1m — PolitiTweet.org
Jason Furman NARA @CEAChair44
18. Institutional factors are also important & challenge traditional economic view of tradeoff between flexible & supportive labor markets. — PolitiTweet.org
Jason Furman NARA @CEAChair44
17. Availability of middle-skill jobs like manufacturing & construction may fit w self-conception & also play a role https://t.co/xhyZ0z4PXh — PolitiTweet.org
Jason Furman NARA @CEAChair44
@ernietedeschi @rwest817 @inclusionist @davidmwessel @rebeccavallas Non-SSDI support has fallen since 60s, incl. SSI https://t.co/Ae1ydvFfeX — PolitiTweet.org
Jason Furman NARA @CEAChair44
16. Low wages, esp. at bottom of distro, correlated w lower prime-men ptx. $1K annual raise at 10th decile correlated w 0.13 pp rise in LFP — PolitiTweet.org
Jason Furman NARA @CEAChair44
@jt_kerwin Changing age composition barely matters (see pg 11 https://t.co/din30ls1F4). This chart tells the story https://t.co/hXbBXvITND — PolitiTweet.org
Jason Furman NARA @CEAChair44
@SalehaMohsin That's why we should strengthening/modernizing UI now, see POTUS plan https://t.co/MWlXxQSTLh — PolitiTweet.org
Jason Furman NARA @CEAChair44
15. Relative wages of men w. high school degree compared to college-educated fell from 80% to <60% from 1975 to 2014 https://t.co/ucjDm1BglB — PolitiTweet.org
Jason Furman NARA @CEAChair44
14. In contrast, evidence is consistent with declining labor demand for less-skilled men. Possibly related to trends of tech & globalization — PolitiTweet.org
Jason Furman NARA @CEAChair44
13. Other public support has fallen over time for men out of labor force & 36% of these men are in poverty. https://t.co/Xd9hWNyfvo — PolitiTweet.org
Jason Furman NARA @CEAChair44
12. Counterfactuals suggest disability insurance accounts for at most 0.3-0.5 pp of 7.5 pp prime-male LFPR decline. https://t.co/cMxLccr04J — PolitiTweet.org
Jason Furman NARA @CEAChair44
11. Since 1967 disability insurance receipt for prime-age men has risen 2 pp v. 7.5 pp LFPR decline & not all is causal to LFPR decline. — PolitiTweet.org
Jason Furman NARA @CEAChair44
10. Less than 1/4 of prime-age men out of workforce have a working spouse & that figure has decreased in last 50 yrs https://t.co/guNzKW2AHq — PolitiTweet.org
Jason Furman NARA @CEAChair44
9. Main candidates for supply explanations for falling LFP explain little/nothing of the decline. — PolitiTweet.org
Jason Furman NARA @CEAChair44
8. Combination of both declining employment & wages suggests demand as cause, not supply. https://t.co/EPR5SArpQm — PolitiTweet.org