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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.
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Recent Posts
- Horrible Situation, Interesting Economics Experiment
- A Modern Corporate Tax
- The Top 1 Percent in International and Historical Perspective
- 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
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Tag Archives: Baumol’s cost
Accounting for the Cost of US Healthcare
I read Steven Brill’s healthcare piece recently and wanted to get a better high-level view of where dollars in the healthcare system are spent. I find aggregate data more informative than anecdotes about hospital bill line items (not that I … Continue reading
Posted in Uncategorized
Tagged Baumol's cost, Baumol's Cost Disease, Healthcare, Healthcare Costs, MGI, Steven Brill
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The Growing Burden of Payroll Taxes
Here’s a column on reforming the payroll tax that I wrote in NYTimes Economix today: Payroll taxes and corporate income taxes accounted for an equal share of federal tax revenue in 1969. By 2009, payroll taxes generated more than six times as much … Continue reading
Posted in Uncategorized
Tagged Baumol's cost, Corporate Income Tax, debt, Disability Insurance, Economic Policy, Fiscal Cliff, Healthcare, income taxes, inequality, Jobs, Medicare, Middle Class, NYTimes, Payroll tax, Progressivity, Revenue, skills, social insurance, social security, Stimulus, Tax Cuts for Whom, Tax Reform, Taxes, technology
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Why do We Need Productivity Gains in the Education Sector?
1. Antiquated Lectures: the college lecture format is antiquated. In my first year of graduate school, Brad Delong mentioned that the lecture format originally stemmed from a scarcity of books. Since only a few books were available, lecturers had to … Continue reading
Why Healthcare, Education, and Government Spending Keep Going Up – Baumol’s Cost Disease
The Economist reviews an important book that I’ve been thinking a lot about recently (research extending these ideas is forthcoming). HEALTH-CARE expenditure in America is growing at a disturbing rate: in 1960 it was just over 5% of GDP, in … Continue reading
Books I’m looking forward to reading: The Cost Disease
As I explained in a previous post, the effects of heterogenous productivity growth across sectors has huge impacts on the economy and on the cost of providing government services. Here’s Larry Summers on this issue: Third, increases in the price … Continue reading
Why are health and education costs exploding? Clues from Long Run Relative Prices
This isn’t the prettiest chart I’ve ever made, but it’s quite important. It shows that health (shades of blue) and education (green) prices have increased nearly 7X more than durable goods prices (reddish colors) since early 1980s. This massive increase … Continue reading
Posted in Uncategorized
Tagged Baumol's cost, CPI, Education, Healthcare, inflation, Productivity
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