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Policy Hub leverages the expertise of Atlanta Fed economists and researchers to address issues of broad policy interest. Our research centers coordinate this work and seek to influence policy discussions. Areas of interest include: forecasting, fiscal policy, macroeconomics (Center for Quantitative Economic Research); financial stability, innovation and regulation (Center for Financial Innovation and Stability); human capital, labor markets, health, and education (Center for Human Capital Studies); and government-sponsored entity reform, mortgage markets, and affordable housing (Center for Housing & Policy).

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The views expressed are those of the authors, and do not necessarily reflect the position of the Federal Reserve Bank of Atlanta or the Federal Reserve System.

Oct 08, 2020

Where There's Smoke...: The Wage Impact of Smoking

Like other decisions made early in life, the decision to start smoking can contribute significantly to outcomes much later. This Policy Hub article looks at the wage penalty smokers face, examines how the determination of that penalty differs by gender, and illustrates why early intervention anti-smoking campaigns are important for not only health but also because of smoking's long-term impact on wages.

Jul 13, 2020

Wage Growth over Unemployment Spells

Could the COVID-19 pandemic have enduring effects on people's long-term earnings? In this Policy Hub article, the authors suggest that the pandemic not only led to unprecedented job losses, it could also lead to sizable wage losses for a large fraction of unemployed people after they find new jobs.