Monthly Archives: May 2013

Tax Earnings Where Products Are Sold

From Alan Auerbach on corporate taxes: More than a century old, our corporate tax is showing its age. To modernize it, the basic challenge is to implement a corporate tax that is fair and provides sufficient revenue while making the … Continue reading

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A Nice Profile of Leemore Dafny & Her Work on Competition in Health Insurance Markets

She […] determine[d] that insurers charge more profitable businesses higher premiums, a relationship strongest in geographic markets with a small number of carriers. Beyond higher costs, scant competition also probably causes “a lack of innovation,” she said. She published her … Continue reading

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Kimball & Wang: After crunching Reinhart and Rogoff’s data, we’ve concluded that high debt does not slow growth

From Miles Kimball and Yichuan Wang in Quartz: Leaving aside monetary policy, the textbook Keynesian remedy for recession is to increase government spending or cut taxes. The obvious problem with that is that higher government spending and lower taxes tend to … Continue reading

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From the Archives: The Promise of Progressive Cost Consciousness in Health-care Reform

From Jason Furman in April 2007: This paper proposes a template for a progressive cost sharing plan that would require typical families to pay half of their health costs until they reached 7.5 percent of their income; low-income families would not … Continue reading

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Congrats to Jason Furman

Was very glad to hear the news that Jason is slated to be the next CEA chair. Well deserved. And hats off to Bloomberg for always seeming to break these stories.

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Delong on How to Portray the Relationship between Debt & Future Growth

Here’s a nice post by Brad Delong on how to portray the debt-and-growth association.

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Horrible Situation, Interesting Economics Experiment

From a NYTimes article on new Medicaid coverage holes in certain states, i.e. Texas, Florida, Kansas, Alabama, Louisiana, Mississippi and Georgia, which are refusing to expand Medicaid: In most cases, she said, adults with incomes from 32 percent to 100 percent of the … Continue reading

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A Modern Corporate Tax

Here’s a proposal for a modern corporate tax from Alan Auerbach: This paper proposes two reforms to the U.S. corporate tax system: first, an immediate deduction for all investments that would replace the current system of depreciation allowances, and second, … Continue reading

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The Top 1 Percent in International and Historical Perspective

From Facundo Alvaredo, Anthony B. Atkinson, Thomas Piketty, and Emmanuel Saez: The top 1 percent income share has more than doubled in the United States over the last thirty years, drawing much public attention in recent years. While other English speaking … Continue reading

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The Transitional Costs of Sectoral Reallocation: Evidence From the Clean Air Act and the Workforce

From Reed Walker: New environmental regulations lead to a rearrangement of production away from polluting industries, and workers in those industries are adversely affected. This paper uses linked worker-firm data in the United States to estimate the transitional costs associated … Continue reading

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