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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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
- Someone please get Tom Hanks a jacket. Poor guy is freezing 1 hour ago
- RT @J_C_Suarez: Congratulations @devereux_mike ! Can’t wait to read it ! global.oup.com/academic/produ… 1 week ago
- RT @SethHanlon: There's another new IG report on the sad state of tax enforcement. IRS resources are so limited that it's failing to follo… 2 weeks ago
- Eric Zwick is presenting new work on "America's Missing Entrepreneurs," which is joint with me, @johnvanreenen, and… twitter.com/i/web/status/1… 2 weeks ago
- RT @ECzibor: 6) Entrepreneurship, Job Creation and Gender aeaweb.org/conference/202… https://t.co/uIPBRdD4zS 2 weeks ago
Archives
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Blogroll
- Andrew Samwick
- Austin Goolsbee
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- Calculated Risk
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- Economist – Democracy in America
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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
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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