Monthly Archives: March 2014

High Frequency Trading

There has been a lot of buzz about Michael Lewis’s new book and high frequency trading. Eric Budish has a recent paper and proposal that has been getting a lot of attention from policymakers. Here is a Booth debate with Eric … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment

The Behavioralist As Tax Collector: Using Natural Field Experiments to Enhance Tax Compliance

From Michael Hallsworth, John List, Robert Metcalfe, Ivo Vlaev: Tax collection problems date back to the earliest recorded history of mankind. This paper begins with a simple theoretical construct of paying (rather than declaring) taxes, which we argue has been an … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment

Evolution of European Borders: 1000 Years in less than 3.5 Mins

HT: Marginal Revolution

Video | Posted on by | Tagged , , , | 1 Comment

World Migration

From qz

Posted in Uncategorized | Leave a comment

Heterogeneity in MPC out of Housing Wealth

A very interesting chart from Atif Mian and Amir Sufi: Here is the abstract of the paper: We examine the effect of rising U.S. house prices on borrowing and spending from 2002 to 2006. Households in low income zip codes … Continue reading

Posted in Uncategorized | Leave a comment

Corporate Profits, Proprietors’ Income, and Labor Compensation

From Ed Dolan:

Posted in Uncategorized | Tagged , , , , | 1 Comment

The Inequality Deflator: Interpersonal Comparisons without a Social Welfare Function

From Nathan Hendren: This paper develops a method for resolving the equity-efficiency tradeoff that modifies the Kaldor-Hicks compensation principle to account for the distortionary cost of redistribution. The inequality deflator weights surplus by the marginal cost of providing transfers to … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment

NTA Conference in May on Tax, Health, and Energy Policy

The NTA is hosting a conference May 15-16th in DC with a lot of interesting sessions, including this one on income inequality, social mobility, and policy responses: 10:45 AM – 12:15 PM INCOME INEQUALITY, SOCIAL MOBILITY, AND POLICY RESPONSES Organizer: Nicholas … Continue reading

Posted in Uncategorized | Tagged , | Leave a comment

The Distribution of US Wealth, Capital Income, and Returns since 1913

From Paul Krugman: Emmanuel Saez and Gabriel Zucman have been developing an alternative procedure for estimating top wealth shares — preliminary slides here — and it tells a very different story from the common one. According to their estimates, the wealth … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment

Who Benefits when the Government Pays More? Pass-Through in the Medicare Advantage Program

From Mark Duggan, Amanda Starc, Boris Vabson: Governments contract with private firms to provide a wide range of services. While a large body of previous work has estimated the effects of that contracting, surprisingly little has investigated how those effects vary … Continue reading

Posted in Uncategorized | Tagged , , , , , , | Leave a comment