Tag Archives: Danny Yagan

Moving to Opportunity? Migratory Insurance over the Great Recession

From Danny Yagan: Over the Great Recession, the employment rate in some U.S. cities declined by more than twice the aggregate decline. To what extent did the ability to migrate insure workers against these idiosyncratic local shocks? I answer this … Continue reading

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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

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