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
Tags
2012 Alan Auerbach Baumol's cost books Brad Delong College Corporate Taxes debt Economic Policy Education Emmanuel Saez Enrico Moretti Finance Fiscal Cliff Fiscal Policy Government Government Spending Great Recession Growth Hamilton Project Healthcare Healthcare Costs Housing inequality Investment Jobs Labor larry summers Laura Tyson Local Labor Markets Middle Class Monetary Policy NYTimes Obama Paul Krugman Productivity Raj Chetty Romney Spending States Stimulus Tax Cuts for Whom Taxes Tax Reform Wages-
Recent Posts
- 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
- Great Questions from Paul Krugman
- Do Higher Corporate Taxes Reduce Wages? Micro Evidence from Germany
Twitter Updates
- RT @ezraklein: Have U.S. states figured out a way to avoid a global race to the bottom on taxes? wapo.st/13NOeLr 52 minutes ago
- RT @evansoltas: Here it is: The case for abolishing corporate taxation. bloom.bg/10OKXGt @BloombergView 52 minutes ago
- The Top 1 Percent in International and Historical Perspective HT: @eoinmcguirk wp.me/p2otxR-mm 3 hours ago
- RT @MarkThoma: Equity Extraction and Mortgage Default - FRB Working Papers federalreserve.gov/pubs/feds/2013… 21 hours ago
- The Transitional Costs of Sectoral Reallocation: Evidence From the Clean Air Act and the Workforce wp.me/p2otxR-mj 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
Tag Archives: Great Recession
Links: Deficits, Fiscal Policy in a Depressed Economy, Finance, & Moneyball for Judges
Moneyball for Judges by Cass Sunstein Dylan Matthews on Deficits (and Krugman follow up) Fiscal Policy in a Depressed Economy: Further Thoughts from Brad Delong Solow on American Finance (or Mark Thoma’s summary)
Labs of Democracy & Today’s Fiscal Policy Debates
Here’s my latest Economix column on the labs of democracy & today’s fiscal policy debates on uncertainty, spending, and spending vs taxes: Many of the fiercest disagreements about fiscal policy today stem from disagreements about the causes of the slow … Continue reading
Tax Cuts for Whom? Do tax changes for high income taxpayers generate more growth than similarly sized tax changes for lower income taxpayers?
This figure, which is from a recently revised and submitted paper of mine, shows how the multiplier varies across the income distribution. It shows that equivalently sized tax changes for lower income groups have larger macroeconomic impacts on … Continue reading
Posted in Uncategorized
Tagged Employment Growth, Fiscal Policy, Great Recession, inequality, Jobs, Middle Class, Redistribution, Stimulus, Tax Cuts, Tax Cuts for Whom, Taxes
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A Painfully Slow Recovery for America’s Workers: Causes, Implications, and the Federal Reserve’s Response
A new speech from Janet Yellen is worth reading. Here are some figures from the speech on the slow response relative to other recessions and the contribution of fiscal support (or lack thereof) for this recession. Premature fiscal contraction is … Continue reading
Posted in Uncategorized
Tagged Deficit, Fiscal Policy, Great Recession, Janet Yellen, Jobs, Recovery, Spending
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4 Ways Persistently High Unemployment Could Ossify – the Human Capital Channel
Brad Plumer has a post today on rough projections that we will not reach full employment until 2022. Here are four ways that failing to address the unemployment problem today could lead to long-lasting (and potentially permanent) reductions in human capital, employment, and social … Continue reading
Posted in Uncategorized
Tagged Blanchard, Brad Plumer, Great Recession, Human Capital, hysteresis, inequality, Jobs, labor market, long term unemployed, Summers, Unemployment
1 Comment
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
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
When are the Effects of Fiscal Policy Uncertainty Large?
Benjamin Johannsen, a job market candidate from Northwestern, weighs in: ABSTRACT: I argue that fiscal policy uncertainty can have large and adverse effects when the monetary authority is constrained by the zero lower bound on nominal interest rates. Using a new-Keynesian … Continue reading
Posted in Uncategorized
Tagged Benjamin Johannsen, Fiscal Policy, Great Recession, Job Market Paper, Uncertainty
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