Jobs and Financial Regulation Reform: A Preliminary Look
Job creation is the top economic priority in the United States. Financial regulation reform is the leading economic policy action at the moment. One might think that there would be a robust discussion of the link between the top priority and the top policy. Instead, there is a striking paucity of estimates of the impact of the proposed financial regulation reform on the U.S. labor market.
We estimate that financial regulation reform will cost the US 1.5 million jobs. Read the full study here.