Economics

New economics forum begins to tally costs of climate change for Oregonians

ECONOMICS - Wildfire smoke costs Oregon households $450 per day as they try to adapt by purchasing air purifiers, canceling trips and keeping children at home to minimize exposure. That’s just one of many economic impacts of climate change tallied up in a new report by a five-member nonpartisan group The Forum on Oregon Climate Economics, or FORCE. The group includes Keaton Miller, an associate professor of economics with the College of Arts and Sciences.

Daylight saving time linked to lost worker productivity

ECONOMICS - Rather than affecting workers for just a day or two, the adjustment to daylight saving time can affect worker productivity for up to two weeks, said Glen Waddell, a UO labor economist and co-author of a new research in the Journal of Economic Behavior and Organization. He collaborated on the paper with Andrew Dickinson, a doctoral student in economics in the College of Arts and Sciences.

UO study shows immigrants bring financial benefit

ECONOMICS - Immigration is a part of the United States’s DNA, but it’s long been a contentious political subject. Economic models have found immigration to be a fiscal cost, but a recent study by a University of Oregon economist challenges these findings, showing that low-skilled immigrants on average contribute an additional $750 in annual fiscal benefits not previously accounted for.
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Study: Aging population could be a drag on economic growth

ECONOMICS - People are living longer and birth rates are declining, and that could hamper growth of the U.S. gross domestic product, the monetary sum of goods and services, according to an April 2023 paper published in American Economic Journal: Macroeconomics. University of Oregon Associate Professor and Petrone Chair of Economics Kathleen Mullen is a co-author of the study.