Tariffs, Equality, and Economics
Tuesday, May 15, 11 a.m.–1 p.m.
Regional Economic Studies Institute
7400 York Road, Room 301
REGISTER HERE
This event is co-hosted by Towson University’s Regional Economic Studies Institute and REMI.
Michael Siers, Senior Research Manager at Towson University’s Regional Economic Studies Institute (RESI), will give a talk titled “Racial Disparities in Baltimore City’s Workforce and Implications for Future Growth,” and and REMI Economist Peter Evangelakis, Ph.D. will be presenting “Tariffs and the Economy.”
While policy makers and economists often focus on total economic growth, public policies can result in disparate effects on different demographic groups. Understanding how employment varies across racial and ethnic lines is critical to addressing concerns about inequality. For his presentation, Mr. Siers will examine Baltimore City’s economy and how different racial and ethnic groups are represented in the workforce. Additionally, he will explore graduation data across racial and ethnic lines as well as REMIs forecasts to examine the future of these divisions. He also will describe how to incorporate equity analyses into modeling simulations using REMI PI+, which is especially important when considering between two similar policy scenarios.
For his presentation, Dr. Evangelakis will discuss approaches for using the REMI model to evaluate the total economic benefits and costs of tariffs, and how to analyze the implications on the national and state level. Taking a closer look at one example of economic impact analysis, he will consider a report by NERA Economic Consulting, which estimated outcomes from a 7 percent across-the-board tariff on aluminum imports using the REMI model.
Lunch will be provided at no charge, although we ask that you register in advance.
