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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- Christy Romer
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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 @JustinWolfers: Great story. Beautifully told. twitter.com/uscforwarren/s… 3 days ago
- RT @ezraklein: "We should look at programs that invest in kids differently," says Raj Chetty. "We shouldn’t look at them as costing society… 3 days ago
- RT @lilybatch: @JulianCastro For more on the benefits of an inheritance tax, see equitablegrowth.org/silver-spoon-t… 3/4 4 days ago
- RT @lilybatch: Delighted that @JulianCastro has proposed an inheritance tax. While both estate and inheritance taxes largely burden wealthy… 4 days ago
- RT @mattyglesias: Beto can decide for himself. But on paper, the US system of government is actually extremely well set up to handle the… 4 days ago
Archives
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Blogroll
- Andrew Samwick
- Austin Goolsbee
- Brad Delong
- Calculated Risk
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- Economist – Democracy in America
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Tag Archives: Stimulus
Do Banks Pass Through Credit Expansions? The Marginal Profitability of Consumer Lending During the Great Recession
From Sumit Agarwal, Souphala Chomsisengphet, Neale Mahoney, and Johannes Stroebel: The effect of bank-mediated stimulus on household borrowing depends on whether banks pass through credit expansions to households with a high marginal propensity to borrow (MPB). We use panel data on … Continue reading
Are State Governments Roadblocks to Federal Stimulus? Evidence from Highway Grants in the 2009 Recovery Act
From Sylvain Leduc and Dan Wilson: We examine how state governments adjusted spending in response to the large temporary increase in federal grants under the 2009 American Recovery and Reinvestment Act (ARRA). We concentrate our analysis on ARRA highway grants, which … Continue reading
Posted in Uncategorized
Tagged ARRA, Dan Wilson, Government Spending, infrastructure, Local Public Finance, Stimulus, Sylvain Leduc
7 Comments
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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Fiscal Policy and MPC Heterogeneity
Tullio Jappelli and Luigi Pistaferri have a recent paper called Fiscal Policy and MPC Heterogeneity. Here’s an interesting figure from it that shows how MPC varies by cash-on-hand: They aren’t the only ones who document MPC heterogeneity. Dynan, Skinner, Zeldes have a … Continue reading
Tax Cuts for Whom? Do tax changes for high income taxpayers generate more growth than similarly sized tax changes for lower income taxpayers?
This figure, which is from a recently revised and submitted paper of mine, shows how the multiplier varies across the income distribution. It shows that equivalently sized tax changes for lower income groups have larger macroeconomic impacts on … Continue reading
Posted in Uncategorized
Tagged Employment Growth, Fiscal Policy, Great Recession, inequality, Jobs, Middle Class, Redistribution, Stimulus, Tax Cuts, Tax Cuts for Whom, Taxes
5 Comments
The Pace of the Recovery: Output and Employment Growth Since 1985
Laura Tyson has a piece today on the slow pace of the recovery: Since 2010, annual growth of gross domestic product has averaged about 2.1 percent. This is less than half the average pace of recoveries from previous recessions in … Continue reading
Posted in Uncategorized
Tagged Fiscal Cliff, Growth, jobless recovery, Jobs, Laura Tyson, Stimulus
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Fiscal Policy and Economic Recovery: The Case of the 1936 Veterans’ Bonus
Josh Hausman, an economics job market candidate from Berkeley, has a guest post on Miles Kimball’s blog that’s worth checking out: An excellent historical analogy to Miles’s Federal Lines of Credit proposal are the 1931 loans to World War I veterans that I … Continue reading
Posted in Uncategorized
Tagged Federal Lines of Credit, Fiscal Policy, Great Depression, Josh Hausman, Miles Kimball, Recession, Recovery, Spending, Stimulus
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