Tag Archives: Profits

Tax Evasion on Offshore Profits and Wealth

Posted on August 7, 2014 by ozidar

From Gabriel Zucman: This article attempts to estimate the magnitude of corporate tax avoidance and personal tax evasion through offshore tax havens. In the United States, corporations book 20% of their profits in tax havens – a tenfold increase since … Continue reading →

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Who Benefits when the Government Pays More? Pass-Through in the Medicare Advantage Program

Posted on March 24, 2014 by ozidar

From Mark Duggan, Amanda Starc, Boris Vabson: Governments contract with private firms to provide a wide range of services. While a large body of previous work has estimated the effects of that contracting, surprisingly little has investigated how those effects vary … Continue reading →

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America risks becoming a Downton Abbey Economy

Posted on February 16, 2014 by ozidar

From Larry Summers: Inequality has emerged as a major issue in the US and beyond. A generation ago it could reasonably have been asserted that the overall growth rate of the economy was the main influence on the growth in … Continue reading →

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Private Equity, Productivity, and Inequality

Posted on February 11, 2014 by ozidar

Sorry for the light posting – I have been traveling for job interviews. Here’s an interesting paper that I heard about recently. It shows that  private equity buyouts bring productivity improvements and lower payrolls on average. Here is the full … Continue reading →

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3 Links on Corporate Profits

Posted on December 26, 2013 by ozidar

1. Jim Tankersley writes on Boeing and state corporate tax breaks and profiles my job market paper with Juan Carlos Suárez Serrato on the welfare effects of cutting corporate taxes in an open economy 2. Enrico Moretti on the tech boom and … Continue reading →

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Are Markups Increasing?

Posted on July 29, 2013 by ozidar

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 →

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A Corporate Tax Proposal from Larry Summers

Posted on July 8, 2013 by ozidar

From Larry Summers: The US should eliminate the distinction between repatriated and unrepatriated foreign corporate profits for US companies and tax all foreign income (after allowance for taxes paid to other governments) at a fixed rate well below the current … Continue reading →

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Great Questions from Paul Krugman

Posted on May 17, 2013 by ozidar

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 →

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How Much Do Wages Go Up When Profit Increases by a Dollar?

Posted on December 14, 2012 by ozidar

Given the interest in the rise of robots, shrinking labor shares and the owners of capital, I thought I’d highlight a Van Reenen paper that David Card suggested we read on the link between firm profitability and wages. It looks at at … Continue reading →

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