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
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- Capital Taxation
- Christy Romer
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- david autor
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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
- RT @CoryBooker: I'm drafting legislation to reform laws that govern police misconduct, require police to report use of force data, create a… 19 hours ago
- RT @allyversprille: New watchdog report finds the IRS isn't auditing a large portion of wealthy individuals who haven't filed tax returns,… 1 day ago
- RT @jasonfurman: The @latimes asked several economists what they would do next in responding to the COVID crisis. Christy Romer and I both… 1 day ago
- RT @glviolante: 👇 This is leadership. How much I miss you! 1 day ago
- I just contributed on @theactionnet: Donate to Black Voters Matter Fund. Contribute here: actionnetwork.org/fundraising/do… 2 days ago
Archives
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Blogroll
- Andrew Samwick
- Austin Goolsbee
- Brad Delong
- Calculated Risk
- Donald Marron
- Economist – Democracy in America
- Economist – Free Exchange
- Economix
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- The Fix
Tag Archives: macro
Household Debt and the Dynamic Effects of Income Tax Changes
From James Cloyne and Paolo Surico: This paper investigates a new channel in the transmission of fiscal policy: household debt. Using a long span of expenditure survey data and a new narrative measure of exogenous income tax changes for the UK, … Continue reading
Posted in Uncategorized
Tagged Consumption, Credit Constraints, debt, Durables, Finance, Heterogeneity, Household Debt, Housing Finance, James Cloyne, macro, Mortgages, MPC, Tax Cuts, Taxes
1 Comment
Are Sticky Prices Costly? Evidence From The Stock Market
A new paper from Yuriy Gorodnichenco and Michael Weber: ABSTRACT: We propose a simple framework to assess the costs of nominal price adjustment using stock market returns. We document that, after monetary policy announcements, the conditional volatility rises more for … Continue reading
Posted in Uncategorized
Tagged Finance, macro, Michael Weber, sticky prices, Yuriy Gorodnichenko
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Understanding Hysteresis
I presented these slides on Blanchard and Summers 1986 yesterday at the Berkeley Macro lunch. If you are interested in Hysteresis, this is one of the seminal papers in the literature. Overview Periods of persistently high unemployment are not uncommon events in … Continue reading
An argument for studying macroeconomics
Rather than answering million or billion dollar questions like microeconomists, macroeconomists try to answer trillion dollar questions. E.G. Why is actual output below potential output & when (or will) it come back to trend? From Yuriy Gorodnichenko (both the idea … Continue reading
