About
I'm an Assistant Professor of Economics at the University of Chicago Booth School of Business and a Faculty Research Fellow at National Bureau of Economic Research (NBER) in the Public economics group. You can follow me on twitter @omzidar.
Homepage, CV, & Research
- 2012
- Alan Auerbach
- Baumol's cost
- Brad Delong
- Budget
- Capital
- Capital Taxation
- Christy Romer
- College
- Corporate Taxes
- david autor
- David Card
- debt
- Dylan Matthews
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- Emmanuel Saez
- Enrico Moretti
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- Fiscal Policy
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- larry summers
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- Yuriy Gorodnichenko
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Recent Posts
- Who were the top taxpayers in 1923?
- Trump won in counties that lost jobs to China and Mexico
- The Effect of Pension Income on Elderly Earnings: Evidence from Social Security and Full Population Data
- Why Retire When You Can Work? Hours are way up for elderly workers
- Zip-code Economics
- Financial firms make large share of pass-through income
- Pass-through income and the top 1%
- Quantitative Spatial Economics
Twitter Updates
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Blogroll
- Andrew Samwick
- Austin Goolsbee
- Brad Delong
- Calculated Risk
- Donald Marron
- Economist – Democracy in America
- Economist – Free Exchange
- Economix
- Ezra Klein
- Felix Salmon
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- Mark Thoma
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- Miles Kimball
- Noah Smith
- Paul Krugman
- The Caucus
- The Fix
Tag Archives: Fiscal Policy
Fiscal Risk and the Portfolio of Government Programs
From Sam Hanson, David Scharfstein, and Adi Sunderam: This paper proposes a new approach to social cost-benefit analysis using a model in which a benevolent government chooses risky projects in the presence of market failures and tax distortions. The government internalizes … Continue reading
Posted in Uncategorized
Tagged Adi Sunderam, Asset Pricing, David Scharfstein, Fiscal Policy, Government Spending, Sam Hanson
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Fiscal Policy in a Changing World
From Larry Summers: I invite you to consider how the prodigious change associated with information technology that may be qualitatively different from past technological change may have defining implications for our economy going forward. If I have caused you to … Continue reading
The battle over the US budget is the wrong fight
From Larry Summers: This month Washington is consumed by the impasse over reopening the government and raising the debt limit. It seems likely that this episode, like the 1995-96 government shutdowns and the 2011 debt limit scare, will be remembered mainly … Continue reading
The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy
From Oscar Jorda and Alan Taylor: Elevated government debt levels in advanced economies have risen rapidly as sovereigns absorbed private-sector losses and cyclical deficits blew up in the Global Financial Crisis and subsequent slump. A rush to fiscal austerity followed but its justifications and impacts … Continue reading
Is Forgiving Student Loans the Worst Idea Ever?
The third pillar of President Obama’s new college affordability plan is “ensuring that student debt remains affordable.” Here’s a bit more detail: The President has proposed allowing all student borrowers to cap their federal student loan payments at 10 percent of … Continue reading
Posted in Uncategorized
Tagged College, Debt Relief, Education, Fiscal Policy, Justin Wolfers, Middle Class
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On Keeping Your Powder Dry: Fiscal Foundations of Financial and Price Stability
From Maury Obstfeld: Banking systems have rapidly grown to a point where for many countries bank assets amount to multiples of GDP. As a consequence, government’s capacity to provide stability-enhancing fiscal guarantees against systemic crises can no longer be taken for … Continue reading
Posted in Uncategorized
Tagged Banking, Europe, Finance, Financial Regulation, Fiscal Policy, Maury Obstfeld, Monetary Policy, Regulation
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Larry Summers on “The Fiscal and Economic Effects of Austerity”
From Larry Summers: Thank you for the opportunity to speak before this committee. You have chosen to address issues relating to austerity at an opportune time as both our economic and our budget situations are in considerable flux and as … Continue reading
Posted in Uncategorized
Tagged austerity, Euro zone, Europe, Fiscal Policy, Government Spending, larry summers, Stimulus, US
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Lessons on Fiscal Policy Since the Recession by Laura Tyson
This column by Laura Tyson is worth reading: In late 2008, the United States economy was caught in the midst of what proved to be its longest and deepest recession since the end of World War II. Frightened by steep … Continue reading
Posted in Uncategorized
Tagged Debt to GDP, Fiscal Policy, Laura Tyson, Reinhart and Rogoff
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The Risks of Debt by Brad Delong
Here’s a column worth reading from Brad Delong: A country that spends and spends and spends and does not tax sufficiently will eventually run into debt-generated trouble. Its nominal interest rates will rise as bondholders fear inflation. Its business leaders … Continue reading
The Role of Automatic Stabilizers in the U.S. Business Cycle
Alisdair McKay and Ricardo Reis have a new paper on automatic stabilizers with some interesting results on heterogeneous effects for different income groups. ABSTRACT: Most countries have automatic rules in their tax-and-transfer systems that are partly intended to stabilize economic … Continue reading
Posted in Uncategorized
Tagged Alisdair McKay, Fiscal Policy, Ricardo Reis, Tax Cuts for Whom, Taxes
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