Monthly Archives: December 2014

Capital Taxation in the 21st Century

From Alan Auerbach and Kevin Hassett for their upcoming AEA talk. The session looks interesting. Jan 03, 2015 8:00 am, Sheraton Boston, Independence Ballroom American Economic Association A Discussion of Thomas Piketty’s “Capital in the 21st Century” (D3) Presiding: N. GREGORY MANKIW … Continue reading

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Pareto and Piketty: The Macroeconomics of Top Income and Wealth Inequality

From Chad Jones: Since the early 2000s, research by Thomas Piketty, Emmanuel Saez, and their coathors has revolutionized our understanding of income and wealth inequality. In this paper, I highlight some of the key empirical facts from this research and … Continue reading

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Mr. Brownback’s solution to fill the current $200M budget hole

From NYTimes: Most of Mr. Brownback’s solution to fill the current hole comes through transferring more than $200 million from various state funds, such as one for highway projects and another for early-childhood education programs, into the state general fund. … Continue reading

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How Gary Becker saw the scourge of discrimination

From Kevin Murphy: In the 1950s, few economists thought of phenomena such as racial discrimination as under their purview. That changed in 1957, when Gary S. Becker, Professor of Economics and of Sociology at the University of Chicago and at … Continue reading

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How to do a Job Market Spiel? Be Justin Wolfers

Originally posted on owenzidar:
I was looking up a paper on declining labor shares to prepare for interviews and came across these 90 second paper pitches by Justin Wolfers and realized that they are great demonstrations of how to do…

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Who Pays for the Minimum Wage?

From Attila Lindner and  Péter Harasztosi: This paper analyzes the effects of a large (~60%) and persistent increase in the minimum wage instituted in Hungary in 2001. We propose a new approach to estimating the employment effects of a minimum wage … Continue reading

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Trade Reform and Regional Dynamics: Evidence From 25 Years of Brazilian Matched Employer-Employee Data

From Rafael Dix-Carneiro and Brian Kovak: We empirically study the dynamics of labor market adjustment following the Brazilian trade reform of the 1990s. We use variation in industry-specific tariff cuts interacted with initial regional industry mix to measure trade-induced local labor … Continue reading

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Necessity is the Mother of Invention: Input Supplies and Directed Technical Change

From Walker Hanlon: This study provides causal evidence that a shock to the relative supply of inputs to production can (1) affect the direction of technological progress and (2) lead to a rebound in the relative price of the input that … Continue reading

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