Even allowing for substantial uncertainty regarding projections, current US fiscal policies are almost certainly unsustainable. Therefore,…
We explore changes over time in how financially prepared Americans are for retirement, with a focus on the relative positions of Black and…
Republicans will face a critical test of their unity when a spending bill that would avoid a partial government shutdown and keep federal…
The House of Representatives narrowly passed a budget resolution last month that included a framework for trillions of dollars of tax cuts…
Trying to reduce federal budget deficits by increasing the efficiency of federal operations is an appealing idea. However, greater…
January 6, 2025, Audio: "The 119th Congress is seated and getting on with the business of governing, with tax policy at or near the top of…
We compare two approaches to increasing tax revenue: tax administration and tax rates. We show that when Indonesia moved top regional firms…
As the world focuses on the COVID-19 pandemic, the disruptive reality of global climate change looms on the horizon. Its implications for…
November 2021, Paper: "We document a large and heterogeneous shift by public pensions into alternative investments (hedge funds, private…
The US economy has not fully recovered, and continued shortfalls in employment and gross domestic product (GDP) warrant continued…