Scott Baker

May 7, 2024 | kellogg.northwestern.edu | Scott Baker |Stephanie Johnson |Lorenz Kueng

Home | Faculty & Research Overview | Research Households tend to hold substantial amounts of non-financial assets in the form of consumer goods inventories that are unobserved by traditional measures of wealth, about $725 on average for products covered by our sample. Such holdings can eclipse total financial assets among households in the lowest income quintile.

Mar 4, 2024 | tolerance.ca | Scott Baker

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Mar 4, 2024 | goskagit.com | Scott Baker

Mar 4, 2024 | idahopress.com | Scott Baker

Mar 4, 2024 | yahoo.com | Scott Baker

When the U.S. government shuts down, the immediate and most visible impact is a rupture in its day-to-day operations. But beyond these functions and the individual workers and families affected, could a short or lengthy shutdown affect the broader U.S. economy as well? An economic speed bumpA primary channel through which a shutdown affects the economy is through withheld or forgone pay from federal employees who don’t receive their paychecks.