The Peter G. Peterson Foundation, in partnership with the Ford Foundation, has announced grants totaling $1.5 million in support of a research initiative designed to examine the demographic, economic, societal, and fiscal trends that will shape America in the coming decades.
Awarded through the foundations' joint US 2050 program, the grants will support more than thirty research papers authored by leading scholars and experts in the areas of demographics, poverty, labor economics, macroeconomics, political science, and sociology. Taking a cross-disciplinary approach, the initiative is focused on creating a comprehensive view of the nation's fiscal and economic future and exploring the implications for the social and financial well-being of Americans, adding a long-term perspective to the public debate about the complex challenges that lie ahead so that policy makers can better anticipate and prepare for the future.
The initiative's central research question is focused on how the changing demographics of America will affect the future fiscal and economic health of the nation, and which policies are likely to be most effective in preparing for and responding to the challenges and opportunities such a future is likely to present.
Grant recipients include Scott Allard (University of Washington) ("Anticipating Spatial Patterns of Work, Poverty, and Safety Net Provision in the U.S."); Ronald Mincy and Hyunjoon Um (Columbia University) ("Growth in Change Among Vulnerable Nonresident Fathers"); Sptpica Mudrazija (Urban Institute) ("Work-Related Opportunity Costs of Providing Unpaid Care for Aging Parents"); and Alicia Munnell, Anqi Chen, and Geoffrey T. Sanzenbacher (Boston College) ("Is the Drop in Fertility Temporary or Permanent?").
"America is in the midst of a profound transformation — with demographic, social, economic, and technological changes under way that will reshape our future in ways that are not yet fully understood," said Peterson Foundation chair and CEO Michael A. Peterson. "Through US 2050, this remarkable group of researchers will give us a clearer understanding of our changing nation. By offering new insights into what the future holds, we can help lawmakers set policies for the long term that can ensure economic opportunities and better quality of life for Americans in the decades ahead."
For a complete list of grant recipients, see the Peterson Foundation website.