About
I'm an Economics Ph.D. student at UC Berkeley focusing on public finance topics at the intersection of labor economics and macroeconomics. You can follow me on twitter @omzidar.
Homepage, CV, & Research
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Recent Posts
- The Transitional Costs of Sectoral Reallocation: Evidence From the Clean Air Act and the Workforce
- Top economists on whether we should tax capital income less than labor income
- Corporate Tax Reform: Is broadening the base and lowering the rate always a good idea?
- Apple, Avoidance, and Corporate Tax Incidence
- Valuing The Vote: Evidence from the Voting Rights Act of 1965
- Great Questions from Paul Krugman
- Do Higher Corporate Taxes Reduce Wages? Micro Evidence from Germany
- Local Economic Development, Agglomeration Economies and the Big Push: 100 Years of Evidence from the Tennessee Valley Authority
Twitter Updates
- RT @MarkThoma: Equity Extraction and Mortgage Default - FRB Working Papers federalreserve.gov/pubs/feds/2013… 2 hours ago
- The Transitional Costs of Sectoral Reallocation: Evidence From the Clean Air Act and the Workforce wp.me/p2otxR-mj 7 hours ago
- Top economists on whether we should tax capital income less than labor income wp.me/p2otxR-mh 23 hours ago
- Corporate Tax Reform: Is broadening the base and lowering the rate always a good idea? wp.me/p2otxR-mf 23 hours ago
- Apple, Avoidance, and Corporate Tax Incidence wp.me/p2otxR-mb 1 day ago
Archives
Blogroll
- Andrew Samwick
- Austin Goolsbee
- Brad Delong
- Calculated Risk
- Donald Marron
- Economist – Democracy in America
- Economist – Free Exchange
- Economix
- Ezra Klein
- Felix Salmon
- FiveThirtyEight
- Greg Mankiw
- Jared Bernstein
- Keith Hennessey
- Marginal Revolution
- Mark Thoma
- Matthew Yglesias
- Miles Kimball
- Noah Smith
- Paul Krugman
- The Caucus
- The Fix
Monthly Archives: January 2013
Understanding Hysteresis
I presented these slides on Blanchard and Summers 1986 yesterday at the Berkeley Macro lunch. If you are interested in Hysteresis, this is one of the seminal papers in the literature. Overview Periods of persistently high unemployment are not uncommon events in … Continue reading
STEM workers, H1B Visas and Productivity in US Cities
Here’s a new and very timely paper from Giovanni Peri, Kevin Shih, and Chad Sparber. ABSTRACT: Scientists, Technology professionals, Engineers and Mathematicians (STEM workers) are the fundamental inputs in scientific innovation and technological adoption which, in turn, the main drivers of the … Continue reading
Posted in Uncategorized
Tagged Chad Sparber, Giovanni Peri, H1B Visas, Immigration, Kevin Shih, Productivity
5 Comments
Quick Comments Welcome – Tax Cuts for Whom Draft
I’m planning on submitting this paper soon after making a few minor corrections and running a couple robustness checks, so please let me know if you have any comments or suggestions on it in the next week or two. Thanks! ABSTRACT: This … Continue reading
US Household Debt has Fallen by $833 billion since 2008
US Household Debt has Fallen by $833 billion since 2008 according to McKinsey. The decline is largely through defaults. HT: Susan Lund
Historical Hysteresis: Adverse Shocks vs Structural Problems
I started posting last week on the Summers & Blanchard paper, which is on hysteresis and the Unemployment problem in Europe starting in the mid 1970s. Many advocated structural explanations for hysteresis, but Summers & Blanchard looked to the Great Depression period … Continue reading
Do Dividend Tax Cuts Increase Investment and Hiring?
Abstract: Policymakers frequently propose to use capital tax reform to stimulate investment and increase labor earnings. This paper tests for such real impacts of the 2003 dividend tax cut – one of the largest reforms ever to a U.S. capital … Continue reading
Posted in Uncategorized
Tagged Danny Yagan, Investment, Jobs, Labor, Tax Reform, Taxes, Wages
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Hysteresis & the Unemployment Problem
Summers and Blanchard have a paper on Hysteresis in Europe in the 1980s in which they discuss three main potential causes of hysteresis, which is a very high dependence of current employment on past unemployment. The three causes are (1) physical … Continue reading
Posted in Uncategorized
Tagged Europe, Great Recession, Jobs, Labor, Labor Markets, larry summers, long term unemployed, Middle Class, Oliver Blanchard, Unions, Wages
1 Comment
A Quick Reaction to Matt Yglesias’s Healthcare Chart
Here’s a chart that Matt Yglesias thinks ought to dominate the healthcare conversation. It compares PPP adjusted per capita government* spending on healthcare in the US and in Canada. When I saw it this morning, I thought that it looks … Continue reading
Posted in Uncategorized
1 Comment
An argument for studying macroeconomics
Rather than answering million or billion dollar questions like microeconomists, macroeconomists try to answer trillion dollar questions. E.G. Why is actual output below potential output & when (or will) it come back to trend? From Yuriy Gorodnichenko (both the idea … Continue reading
