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Speech
Welcoming Remarks, Book Launch: Shared Prosperity in America’s Communities
President Patrick T. Harker provides opening remarks at the book launch for Shared Prosperity in America?s Communities, a collection of essays coedited by the Philadelphia Fed?s Community Development Studies & Education Department and the University of Pennsylvania?s Penn Institute for Urban Research. He highlights the importance of engaging in research on inequality and social mobility to promote economic growth.
Discussion Paper
Did the Value of a College Degree Decline during the Great Recession?
The authors have previously explored the impact of choices regarding school and major on employment, earnings, and upward economic mobility. In this post they extend their work with an investigation into whether these labor market effects were preserved across the last business cycle: Did students with certain types of educational attainment weather the recession better?