Research Briefs·Jun 29, 2023

The Value of Student Debt Relief and the Role of Administrative Barriers: Evidence from the Teacher Loan Forgiveness Program

Damon Jones, Brian Jacob and Benjamin J. Keys
Neither eligibility for nor information about the Teacher Loan Forgiveness (TLF) program affect teachers’ employment decisions. Information increases application and...
Topics: Fiscal Studies, Higher Education & Workforce Training
Research Briefs·May 22, 2023

Judging Nudging: Understanding the Welfare Effects of Nudges Versus Taxes

John A. List, Matthias Rodemeier, Sutanuka Roy and Gregory K. Sun
A combination of nudges and taxes always outperforms each policy in isolation; however, there is large variation in how much...
Topics: Fiscal Studies
Research Briefs·May 19, 2023

Debt Moratoria: Evidence from Student Loan Forbearance

Ching-Tse Chen, Michael Dinerstein and Constantine Yannelis
Relative to borrowers who had to continue paying their loans, borrowers allowed to pause their payments sharply increased mortgage, auto,...
Topics: Fiscal Studies, Higher Education & Workforce Training
Research Briefs·May 11, 2023

Toward an Understanding of Tax Amnesties: Theory and Evidence From a Natural Field Experiment

Patricia Gil, Justin E. Holz, John A. List, Andrew Simon and Alejandro Zentner
Receiving a message about a tax amnesty program (especially deterrence messages) increases the likelihood of joining the amnesty and repaying...
Topics: Fiscal Studies
Podcast Feb 7, 2023

Law of Unintended Consequences: Welfare Reform and Crime

Tess Vigeland and Manasi Deshpande
When policymakers passed a historic welfare reform law in 1996, they likely did not anticipate what would happen when youth...
Topics: Fiscal Studies
Research Briefs·Feb 23, 2022

A Goldilocks Theory of Fiscal Deficits

Atif R. Mian, Ludwig Straub and Amir Sufi
Interest rates among advanced economies have fallen precipitously in recent years, following a decades-long trend, and fueling fears of secular,...
Topics: Fiscal Studies
Research Briefs·Feb 22, 2022

Does Welfare Prevent Crime? The Criminal Justice Outcomes of Youth Removed from SSI

Manasi Deshpande and Michael Mueller-Smith
Losing Supplemental Security Income (SSI) at 18 increases the number of criminal charges over the next two decades, with the...
Topics: Fiscal Studies
Research Briefs·Nov 30, 2021

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

Matthew Smith, Danny Yagan, Owen Zidar and Eric Zwick
The past 40 years have seen labor’s share of US corporate-sector income (or value added) fall five percentage points vs....
Topics: Fiscal Studies
Research Briefs·Oct 27, 2021

A Temporary VAT Cut as Unconventional Fiscal Policy

Rüdiger Bachmann, Benjamin Born, Olga Goldfayn-Frank, Georgi Kocharkov, Ralph Luetticke and Michael Weber
A temporary reduction in Germany’s value added tax in the second half of 2020 led to a 36% increase in...
Topics: Fiscal Studies