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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 / Research BriefFeb 05, 2021

Rethinking How We Score Capital Gains Tax Reform

Capital gains tax rates have varied over the years, from well over 30 percent in the 1970s to 15 percent in the early 2000s to 20 percent today, which is roughly half the highest rate on taxable income. The reason capital gains tax rates have varied so much is because of the intense political debate surrounding their impact: Some maintain that low rates encourage entrepreneurship and capital formation, while others doubt that such benefits outweigh the equity and fiscal costs of lower rates.
Topics:  Fiscal Studies
Insights / Video

Watch: Innovation — From Idea to Reality: A Conversation Richard Sandor and Steven Kaplan

In an insightful and engaging conversation presented by the University of Chicago’s Becker Friedman Institute,...
Topics:  Technology & Innovation
Insights / Research BriefJan 22, 2021

Simple and Credible Value-Added Estimation Using Centralized School Assignment • Measuring Racial Discrimination in Algorithms

With the aggregation of more and more data, and with improvements in machine learning methods, firms and policymakers have developed algorithms to help them make decisions. For example, banks and credit card companies use algorithms to make decisions relating to a consumer’s creditworthiness. The idea is not only to make accurate assessments but to also remove any prejudice or other qualitative errors that could occur when people make such high-stakes decisions.
Topics:  K-12 Education, Technology & Innovation
Insights / Research BriefJan 22, 2021

Comparing Conventional and Machine-Learning Approaches to Risk Assessment in Domestic Abuse Cases

The numbers are staggering. Domestic abuse affects nearly one-third of all women world-wide who are in a relationship, including one-fourth of US women and one-third of English women who suffer physical or sexual abuse at the hands of an intimate partner.
Topics:  Technology & Innovation
Insights / Podcast episodeJan 13, 2021

The Big Tech Threat?

Eduardo Porter, Tess Vigeland, Eric Posner, Chad Syverson
The expanding market influence of tech companies has sparked new fear of an old economic...
Topics:  Technology & Innovation
Insights / Podcast episodeNov 05, 2020

Deep Dive Series – The Future of Money?

Eduardo Porter, Tess Vigeland, Eric Budish, Brian Platz, Yuval Rooz, Luigi Zingales
If use of cash continues to wane, will cryptocurrency be the new dollar bill? Is...
Topics:  Technology & Innovation
Insights / Research BriefOct 29, 2020

Effective Policy Communication: Targets versus Instruments

In recent decades, and especially since the Great Recession, interest rates have remained very low, meaning that central banks have had to devise new ways to invigorate the economy in times of recession. In some cases, like quantitative easing, whereby central banks purchase long-term securities in the open market to increase the money supply and encourage lending and investment, these new tools are deemed unconventional.
Topics:  Monetary Policy