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
- Budget
- Capital
- Capital Taxation
- Christy Romer
- College
- Corporate Taxes
- david autor
- David Card
- debt
- Dylan Matthews
- Economic Growth
- Economic Policy
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- Emmanuel Saez
- Enrico Moretti
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- firms
- Fiscal Cliff
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- larry summers
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- Thomas Piketty
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- Yuriy Gorodnichenko
-
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
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Blogroll
- Andrew Samwick
- Austin Goolsbee
- Brad Delong
- Calculated Risk
- Donald Marron
- Economist – Democracy in America
- Economist – Free Exchange
- Economix
- Ezra Klein
- Felix Salmon
- FiveThirtyEight
- Greg Mankiw
- Jared Bernstein
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- Marginal Revolution
- Mark Thoma
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- Miles Kimball
- Noah Smith
- Paul Krugman
- The Caucus
- The Fix
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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The Growing Burden of Payroll Taxes
Here’s a column on reforming the payroll tax that I wrote in NYTimes Economix today: Payroll taxes and corporate income taxes accounted for an equal share of federal tax revenue in 1969. By 2009, payroll taxes generated more than six times as much … Continue reading
Posted in Uncategorized
Tagged Baumol's cost, Corporate Income Tax, debt, Disability Insurance, Economic Policy, Fiscal Cliff, Healthcare, income taxes, inequality, Jobs, Medicare, Middle Class, NYTimes, Payroll tax, Progressivity, Revenue, skills, social insurance, social security, Stimulus, Tax Cuts for Whom, Tax Reform, Taxes, technology
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Christy Romer on the Effectiveness of the Recovery Act
The most successful of these studies focus on the variation in Recovery Act spending across states. Some of this variation resulted from differences in the recession’s severity. For example, there was much more spending on unemployment insurance in Michigan than … Continue reading
Job Growth: Obama Recovery much better than Bush in Private Sector
To understand the competing claims about job growth under Obama and Bush, you really need to look at these two graphs (from Paul Krugman) that separate private and public employment. Key Points Private sector job growth is much more impressive … Continue reading
Posted in Uncategorized
Tagged Bush, Government, Growth, Jobs, Obama, Paul Krugman, Recovery, Stimulus
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