Super excited to share my first WP! Using US admin tax data, I study the changing tax planning architecture of firms that utilized the Double Irish, one of the largest tax loopholes used by US multinational companies, before and after it’s closure. A 🧵! 1/13
Michigan: Monday is your last day to register to vote online or by mail. Get it done this weekend at https://t.co/S6Z636Fgk9
After Monday, you can still register in-person at your local clerk's office through election day.🗳️
Happy to see this out in JEBO with @JavierOliveraA 🎉
Earlier studies find people see themselves as middle class or poorer than they are. In Lima, 70% overestimated their own SES. Correcting large gaps raised support for redistribution. Context matters!
https://t.co/x4SeEI2BuW
(1/8) New Paper 🧵! Out today, my piece with @NatashaRSarin out of @AspenEcon on the importance of raising revenue in the time ahead. (As today’s interest rates remind us!) We argue that tried-and-true tax policy choices can meet our extraordinary fiscal moment.
Firm-level income tax reconciliation tables show that the Tax Cuts and Jobs Act substantially reduced the foreign tax advantages of US multinationals, from Anmol Bhandari and Ellen McGrattan https://t.co/ggHCNkjSAP
Exciting News:
The Econ Department at GW is hiring! Not one, not two, not three, but FOUR assistant professors -- in trade (2), macro, and applied micro. JOE ads coming very soon.
Come work with me!
You can now use GPT-6 Astra or Fable 5.1 to review your papers on @CoarseDotInk. And since it is not-for-profit you can make that choice without drama 😁
Very happy to see our paper on TCJA’s corporate tax cuts out in the AER.
We ask:
1) How large are economic distortions from the corporate income tax?
2) Who bears in the incidence?
A short summary thread.
https://t.co/U5MA830LCM
In June 2022, the Dobbs v. Jackson Supreme Court decision overturned Roe v. Wade, sending abortion regulation back to states. Within months, bans were enforced in some states while others expanded protections. I study how these bans affected the practice locations of OBGYNs. 🧵
(2)/2 I'll post a thread on my paper soon. Revenue from the corporate tax can improve tax fairness, efficiency, and alignment with reforms abroad.
This can counter distortions in favor of foreign activity. In contrast, tariffs create new distortions.
https://t.co/Yufasz7s3h
Egalitarianism should begin at home.
I link to this article by @bencasselman in light of the communications between Larry Summers and Jeffrey Epstein that have just been released.
The continuing treatment of Summers as some sort of Peer of the Realm (to use a phrase I think I take from @samhaselby) is unacceptable by the economics profession if it serious about addressing the problems documented at the time Casselman wrote. (These were of course were an open secret. I felt the obligation to discuss sexism in the profession with every female graduate student I have had starting as an Assistant Professor to this day). Summer is welcome to publish papers via peer review like anyone else. He should not be a leader of the profession, given plums such as invited publications, lectures. (And please do not suggest that there is any sense in which Summers contributions are unique or essential, that is simply nonsense; it is not how social science works, with exceptions too rare to be relevant.)
To those who call my position political correctness, being woke, an example of cancel culture, I say the following. A profession's decisions on how to allocate opportunities has dimensions that define its professional ethos and culture. There are spillover effects that matter. If one thinks that the behaviors documented in the forthcoming American Economic Review paper "Gender Differences in Economics Seminars" function independently from the way prominent sexists are treated, that is simply naive.
And make no mistake: these remarks apply a fortiori to Summers' position as a commentator on the state of American universities. His amorality/immorality end any credibility to his posturing on the failures of Harvard or other universities. The same is true with respect to his moral posturing about the Trump administration.
https://t.co/Uwmt1tRsgL
#econjobmarket#econtwitter Is anyone cataloguing how bad the econ job market is for the current season and what are some of the more realistic job search options for PhDs who don't belong to the IVY leagues?
🚨PhD alert! In light of everything happening in the world, the Econ Department at @ImperialBiz is conducting a second lightning round of admissions for fall 2025! Applications due April 30, offers in mid-May. Please spread the word! More details: https://t.co/aoybMubeHh
UMich Econ social chairs have invited faculty (incl. Chris House & @JustinWolfers ) to eat spicy wings while interviewed Hot Ones style for charity. Every $50 donated to Washtenaw Shelter Assoc. translates to one spicy wing. Donate & send me ur receipts! https://t.co/zm2PkCnGZZ
For the journalists out there, those numbers are not tariffs. The European Union, e.g., has weighted average tariff rates of ~ 3% and arguably lower on US goods. So they are clearly including VATs and who knows what else?? This false reciprocity is nonsense. For more, see:
(1/3) As Trump ushers in the largest tax increase in at least a generation, remember that this tax increase, unlike most, comes with profound economic distortions, a deterioration in our competitiveness, and loss of goodwill with our closest partners.
https://t.co/OcsIZldeqt