Oliver Giesecke

May 25, 2024 | buffalonews.com | Oliver Giesecke

A new proposalto sweeten pension benefits for some public employees has recently come before the New York Legislature. While the costs of the proposal are much higher than the state’s estimates, increased pension benefits are unlikely to improve recruitment of new public sector employees. The cost projections of the reform underestimate the true economic cost of increased retirement guarantees.

May 1, 2024 | hoover.org | Oliver Giesecke

State and local governments play an important role in the US economy. They account for about $4 trillion in public expenditures—corresponding to 15 percent of GDP—and employ some twenty million public employees. In addition, they play an essential role in public works, public health, and public safety of communities across America. Even so, basic financial indicators about their fiscal strength are difficult to access.

Mar 19, 2024 | hoover.org | Oliver Giesecke

MyHoover delivers a personalized experience at Hoover.org. In a few easy steps, create an account and receive the most recent analysis from Hoover fellows tailored to your specific policy interests. Watch this video for an overview of MyHoover. Create Account

Mar 5, 2024 | hoover.org | Oliver Giesecke |Joshua D. Rauh

MyHoover delivers a personalized experience at Hoover.org. In a few easy steps, create an account and receive the most recent analysis from Hoover fellows tailored to your specific policy interests. Watch this video for an overview of MyHoover. Create Account

Feb 28, 2024 | aei.org | Stan Veuger |Jeffrey Clemens |Oliver Giesecke |Joshua D. Rauh

By Jeffrey Clemens, Oliver Giesecke, Joshua Rauh, and Stan VeugerAbstractUsing variation in federal pandemic-era fiscal aid to states driven by the strength of political representation, we find that incremental pandemic-era fiscal aid to states was most likely to end up in the categories of general administrative service spending and employee pension benefit funding.