Till von Wachter, director of the California Policy Lab, says that even with the CARES Act prolonged large-scale unemployment may still be hard to reverse.
Economic anthropologist Hannah Appel will focus on future of finance in new role at the Institute on Inequality and Democracy at the UCLA Luskin School of Public Affairs.
The aggregate yearly loss to the U.S. economy from the trade war is about $7.8 billion, according to a working paper by a team of economists that includes UCLA professor Pablo Fajgelbaum.
The report predicts weaker housing markets into 2020 in California. One bright spot in the outlook is investment in intellectual property, which consists largely of software development; film and TV production; and corporate research and development.
Those who keep finances separate are likelier to split up and be less satisfied, according to a working paper from researchers at UCLA Anderson, Notre Dame and University College of London.
California law could be amended to allow Los Angeles to extend rent protections to units that are not currently rent-controlled, including properties built since 1979.
California’s economy is expected to continue to grow faster than the U.S. economy, but the report indicates that growth at the state and national levels will be weaker in 2020.