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Insights / Research BriefNov 30, 2021

The Rise of Pass-Throughs and the Decline of the Labor Share

Matthew Smith, Danny Yagan, Owen Zidar, Eric Zwick
The past 40 years have seen labor’s share of US corporate-sector income (or value added) fall five percentage points vs. the share going to capital, from 62.9 percent to 57.9 percent. This decline in labor’s share has not only fueled calls for higher taxes on the wealthy to stem growing inequality but has also led to dire warnings about the future of democracy should this trend persist, a lá Thomas Piketty’s 2014 Capital in the Twenty-First Century.
Topics:  Fiscal Studies
Insights / Podcast episodeJun 16, 2021

Vaccine Lotteries: Worth a Shot?

Eduardo Porter, Tess Vigeland, Steve Levitt, Jeff Severts
More than a dozen states have announced large lotteries to incentivize vaccinations. On this episode,...
Topics:  COVID-19
Insights / Podcast episodeJun 03, 2021

Pay Now or Pay Later

Eduardo Porter, Tess Vigeland, Austan Goolsbee, Eric Zwick
With the rise in federal spending over the last several years, there are questions on...
Topics:  Fiscal Studies
Insights / Podcast episodeApr 07, 2021

WFH … Forever?

Eduardo Porter, Tess Vigeland, Steven J. Davis, Kate Lister
The pandemic forced many Americans into a mass social experiment: working from home (WFH). Now,...
Topics:  COVID-19, Employment & Wages
Insights / Podcast episodeMar 25, 2021

Incentives and the Race to Vaccinat‪e‬

Eduardo Porter, Tess Vigeland, Joshua Gottlieb, David Pitrak
With COVID-19 variants proliferating, administering vaccines as quickly as possible is a key policy priority....
Topics:  Health care, COVID-19
Insights / Video

Watch: Michael Kremer World Bank Keynote Lecture: Conference on Vaccinating South Asia

On March 4, Michael Kremer presented his recent research during the South Asia Economic Policy...
Topics:  COVID-19
Insights / Podcast episodeMar 12, 2021

Is the Future Cashless‪?‬

Eduardo Porter, Tess Vigeland, Fernando Alvarez, Raghuram Rajan
When COVID lockdowns started a year ago, the use of cash plummeted. But the pandemic...
Topics:  COVID-19
Insights / Podcast episodeFeb 25, 2021

The Surprising Results of Pandemic Unemployment Benefit‪s‬

Eduardo Porter, Tess Vigeland, Peter Ganong, Fiona Greig
In March 2020, the CARES Act expanded who was eligible for unemployment benefits, how much...
Topics:  COVID-19, Employment & Wages