The Boyd Center produces research identifying national and state economic trends that help inform public policy. Our research and faculty are published in and have served as editorial staff for several journals, including the Quarterly Journal of Economics, the Economic Journal and the Economics of Education Review.
“The results suggest that in Tennessee, you could effectively boost income among residents by $800 million per year if you reduce opioid usage 10 percent.”
Bill Fox, Director of the Boyd Center for Business and Economic Research at the University of Tennessee, said it’s a complicated topic because it advocates for a living wage among those struggling to pay their bills, but comes with massive economic implications, depending on what type of industry and their location. He thinks job loss would likely follow a raise to $15, particularly in “those very industries that have been impacted the most by COVID,” like grocery stores and fast food restaurants.
The important part is creating a narrative between their education, what they’re doing now for personal and professional development, and what employers are seeking.
From taxation to social programs, leadership and government, our faculty define the conversation.
Ninety-four percent of TennCare recipients report they are satisfied with the state healthcare program