Promoting Income Security and Employment
California is a global economic powerhouse. If it were a nation, it would have the sixth largest economy in the world. But the state’s prosperity is not evenly shared. California has high wage inequality and high poverty, with significant disparities by geography, education, and ethnicity. To combat this, state policymakers have enacted increases in the minimum wage and a new state Earned Income Tax Credit. Some are even entertaining a conversation about a new universal basic income. The effects of such policies are of first-order importance for the state as well as the rest of the nation.
The California Policy Lab provides expertise in labor economics and technical capacity in rigorous research design and data analysis to assist state, county, and local agencies with the implementation and targeting of these initiatives, helping government to understand the far-reaching impacts of such policies and leverage these findings to inform and improve efforts.