Economic and Policy Statement: Universal Paid Leave Amendment Act of 2016 (B21-415)

A 70-sector regional economic model was built by REMI and customized to the Washington, D.C. Metropolitan Statistical Area so as to determine the impacts of the most progressive universal paid leave plan the District has ever enacted. Three scenarios that were modeled were: 1) businesses absorb the 0.62% payroll tax, 2) employees absorb the tax, and 3) employers and employees split the tax evenly. All three scenarios show very minor impacts to GDP and employment, but important social factors show significant improvements, particularly in reduction of infant mortality and increases in women’s labor force participation.

District of Columbia – Economic Policy Impact Statement [full PDF]

The Economic Impact of H.R. 932 and Mandatory Paid Sick Leave on U.S. Small Businesses

Using the REMI model, the NFIB Research Foundation found that implementation of H.R. 932 in 2016 could result in 430,000 jobs lost by 2025. It was also found that real output lost could rise to as high as $652 billion, with small businesses feel the true weight of this decision with 58% of all jobs lost and 50% of total lost output. States that already have mandates for sick leave would be impacted much less by such a national ordinance.

NFIB – Mandatory Paid Sick Leave [full PDF]

Potential Economic Effects of a Permanent Increase in the Section 179 Deduction Allowance Limit

The National Federation of Independent Business Research Foundation used the REMI PI+ model to quantify the gains in employment and production due to the theoretical expansion of the deduction allowance limit from $25,000 to $500,000 per year. The collected results suggest that an expansion of this caliber could increase employment by about 197,000 jobs in the first 10 years while output increases by $18.6 billion in that same time frame.

NFIB – Section 179 [full PDF]

Focus on Energy: Calendar Year 2012: Economic Impacts Report

The Evaluation Team recruited the assistance of the REMI PI+ model to forecast employment impacts across 70 industry sectors inside the state of Wisconsin that could be affected by energy efficiency legislation. Over the period of study, the Focus on Energy programs would generate approximately 6,500 jobs and produce a net benefit of $940,937,500 for the state’s economy by 2037, making it appear to be a cost effective solution.

Cadmus – Focus on Energy CY 2012 [full PDF]

Key Components of Immigration Reform: An Analysis of the Economic Effects of Creating a Pathway to Legal Status, Expanding High-Skilled Visas, & Reforming Lesser-Skilled Visas

The REMI PI+ model was incorporated into this study of immigration policy reform to display the macroeconomic effects and economic implications of the Path to Legal Status, high-skilled (H-1B) visa expansion, and changes in lesser-skilled visa programs (H-2A, H-2B, and W-1 Visas). The report focused on three central elements of immigration legislation (the pathway to legal status, the expansion of high-skilled visas, the expansion of lesser-skilled visas) and found that, in each of the three cases, there were increases in employment and gross domestic product for the analysis period of 2014-2045 on a state-by-state level. The economic effect of the proposed immigration reform bill was determined to be paramount in an economy with a national unemployment rate of 7.6 percent and local expansion encompasses not only the H-1B employees, but also additional positions within the firm that will employ the general workforce. It was also discovered that an expansion in lesser-skilled visas, particularly as there are stringent new requirements to demonstrate the unavailability of domestic workers, leads to increased economic productivity and output.

REMI – Key Components of Immigration Reform [full PDF]