Tag Archives: Raj Chetty

Apple, Avoidance, and Corporate Tax Incidence

In all the discussion over Apple today, remember that if labor bears the corporate tax, then companies avoiding it may actually end up helping workers. In other words, if workers end up picking up the tab (because capital is mobile/companies … Continue reading

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Raj Chetty Wins Clark Medal

Congratulations to Raj Chetty for winning the Bates Clark medal for being the top economist under 40. Here are some links if you’d like to learn more about him. AEA’s award announcement on why they awarded him the medal. What Chetty … Continue reading

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What happens when top income earners receive smaller subsidies for retirement savings?

Raj Chetty, John N. Friedman, Soren Leth-Petersen, Torben Heien Nielsen, and Tore Olsen ask this question and answer it here. When individuals in the top income tax bracket received a smaller tax subsidy for retirement savings, they started saving less in retirement accounts….. but the … Continue reading

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Who Benefits from the EITC?

Given the discussion on minimum wages and other low-income programs, I thought I’d highlight a study by Jesse Rothstein that roughly argues that the EITC encourages more people to work, which bids wages down for low income workers and enables … Continue reading

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RaJ Chetty’s Public Economics Lectures are Online!

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Fiscal Cliff Policy Links

Credit: Washington Post Since Corporate Taxes are on the table and extended unemployment insurance is set to expire, here are some relevant links: Corporate Taxes: Is broadening the base to lower the rate a good idea? A Modern Corporate Tax … Continue reading

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Should We Increase Dividend Taxation? 3 Views

In the NYTimes this morning, Steven Rattner joined a number of others (e.g. Laura Tyson) in calling for higher dividend tax rates. There are three main views on the efficiency costs of dividend taxation: Old View: The old view (Poterba … Continue reading

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THE LONG-TERM IMPACTS OF TEACHERS

Interesting work from Raj Chetty, John Friedman, and Jonah Rockoff The earnings gains from replacing a low value-added (bottom 5%) teacher with one of average quality grow as more data are used to estimate value-added. Discounting future earnings gains to … Continue reading

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How to think like an Economist: the Olney method

When writing a lecture on economic modeling and understanding health insurance markets, I’m using a helpful device from Martha Olney of UC Berkeley. She calls it the Olney method of thinking like an economist. The Olney Method Replicate the argument … Continue reading

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