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
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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 @CFCamerer: NYC air traffic control hub is only staffed at 54%. No short-run fix “Michael McCormick, a former manager at the facility,… 11 hours ago
- An economic slowdown and persistent inflation will hurt Social Security’s finances, draining its reserves one year… twitter.com/i/web/status/1… 1 day ago
- RT @kearney_melissa: “Not only is the world coming apart, is it is really falling apart for people without a BA” - Angus Deaton @Brooking… 1 day ago
- An economic slowdown and persistent inflation will hurt Social Security’s finances, draining its reserves one year… twitter.com/i/web/status/1… 1 day ago
- RT @davidmwessel: A remarkable slide from Yongseok Shin's #BPEA presentation. Shows change in employment by sector from pre-COVID trend.… 1 day ago
Archives
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Blogroll
- Andrew Samwick
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Tag Archives: Paul Krugman
Piketty Roundtable
HT: Paul Krugman
A Model of Secular Stagnation
From two of my favorite macroeconomists, Gauti Eggertsson and Neil Mehrotra: In this paper we propose a simple overlapping generations New Keynesian model in which a permanent (or very persistent) slump is possible without any self-correcting force to full employment. The … Continue reading
Posted in Uncategorized
Tagged Gauti Eggertsson, Neil Mehrotra, Paul Krugman, secular stagnation
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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 Capital, Emmanuel Saez, Gabriel Zucman, inequality, Paul Krugman, Wealth
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Krugman on Piketty
Krugman has an insightful post on Piketty’s recent book. I find this easiest to think of in terms of a numerical example. Let’s assume that s = .09 and initially n = .03. Then the capital-output ratio is 3; if … Continue reading
Quantifying Gains from Trade
From Paul Krugman (via Brad Delong): “Eaton-Kortum… yields a simple expression for the welfare gains from trade…. According to Subramanian’s estimates, overall trade in goods and services has risen from about 19 percent of world GDP in the early 1990s … Continue reading
Posted in Uncategorized
Tagged Andrés Rodríguez-Clare, Brad Delong, Gains from Trade, Paul Krugman
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Are Markups Increasing?
Given the recent discussion about trends in corporate profits and market power [see a great FT article by Robin Harding, this op-ed from Paul Krugman, this post from Tyler Cowen, and these two posts of mine], I thought I’d share this figure from … Continue reading
Posted in Uncategorized
Tagged Christopher Nekarda, Corporate Profits, inequality, Macroeconomics, Markups, Paul Krugman, Profits, rents, Robin Harding, Tyler Cowen, Valerie Ramey
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Quantifying the Extent of “Mooching”
Here are two quick items that help provide perspective on the generosity (or lack thereof) of the safety net. First, the average household that receives food stamps gets less than $10 per day. In an average month in fiscal year … Continue reading
Posted in Uncategorized
Tagged Fiscal Relief, Government Spending, inequality, Magnitudes Matter, Matt Yglesias, Mooching, Paul Krugman, Poverty, SNAP
3 Comments
Profits without Production
Paul Krugman has an interesting op-ed out today linking economic rents to the pace of the recovery. Since profits are high while borrowing costs are low, why aren’t we seeing a boom in business investment? And, no, investment isn’t depressed … Continue reading
Posted in Uncategorized
Tagged Economic Recovery, Economic Rents, Great Recession, inequality, Investment, Jobs, Middle Class, Monopoly rents, Paul Krugman
1 Comment
Great Questions from Paul Krugman
Why have profits been so strong in a weak economy? Why, with profits so high, don’t businesses find reason to invest more (equipment investment is actually fairly strong, but construction remains weak). (For the seriously wonkish, why do average and marginal … Continue reading
Posted in Uncategorized
Tagged Corporations, Equity Markets, Investment, Paul Krugman, Profits
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owenzidar 