I. Tax and Expenditure Incidence
I. Tax and Expenditure Incidence
*R. Chetty, A. Looney, and K. Kroft. “Salience and Taxation: Theory and Evidence,” AER99(4): 1145-1177, 2009.
*W. Evans, J. Ringel, and D. Stech. “Tobacco Taxes and Public Policy to Discourage Smoking,” in Tax Policy and the Economy, vol. 13, ed. J. Poterba, MIT Press: Cambridge, 1999.
*Cutler, David, “Tax Reform and the Stock Market: An Asset Price Approach,” AER, December, 1988, 1107-1117
*L. Linden and J. Rockoff, “There Goes the Neighborhood? Estimates of the Impact of Crime Risk on Property Values from Megan's Laws,” AER, 98(3): 1103-1127, 2008.
*L. Summers, “Some Simple Economics of Mandated Benefits,” American Economic Review, 79(2), May 1989, 177-183.
*J. Gruber, “The Incidence of Mandated Maternity Benefits,” AER, 84(3), June 1994, 622-641.
II. A Brief (once over lightly) discussion of Efficiency and Optimal Taxation
*Diamond, Peter and Emmanuel Saez, “The Case for a Progressive Tax: From Basic Research to Policy Recommendations,” Journal of Economic Perspectives, forthcoming
*Bernheim, B. Douglas, “Emmanuel Saez: 2009 John Bates Clark Medalist,” Journal of Economic Perspectives, Summer, 2010
III. Behavioral Effects of Taxation: Tax Rates and Taxable Income
**Saez, Emmanuel, Joel Slemrod and Seth Giertz, "The Elasticity of Taxable Income with Respect to Marginal Tax Rates: A Critical Review," JEL, forthcoming
*Feldstein, Martin, "The Effect of Marginal Tax Rates on Taxable Income: A Panel Study of the 1986 Tax Reform," JPE, June 1995, 551-572
*Gruber, Jonathan and Emmanuel Saez, “The Elasticity of Taxable Income: Evidence and Implications,” JPubE, April 2002
*M. Bianchi, B. Gudmundsson, and G. Zoega, “Iceland’s Natural Experiment in Supply-Side Economics,” AER, 91, December 2001, 1564-1579
*Emmanuel Saez and Michael R. Veall, “The Evolution of High Incomes in Northern America: Lessons from Canadian Evidence,” AER, June 2005, 95(3), 831-849
IV. Behavioral Effects of Taxation: Taxation and Saving
**Gale, William G. and John Karl Scholz, "IRAs and Household Saving," AER, December, 1994, 1233-1260
*Madrian, Bridget and D. Shea, “The Power of Suggestion: Inertia in 401(k) Participation and Saving Behavior,” QJE, 116, November 2001, 1149-1187
*Gale, William G., “The Effects of Pensions on Household Wealth: A Re-Evaluation of Theory and Evidence,” JPE, August 1998, 706-723
V. Fundamental Factors Affecting Wealth Accumulation
**Bernheim, B. Douglas, Jonathan Skinner and Steven Weinberg, “What Accounts for the Variation in Retirement Wealth Among U.S. Households?” AER, 91 (2001), 832-857
*Hurst, Erik, “The Retirement of a Consumption Puzzle,” in Recalibrating Retirement Spending and Saving(eds. John Americks and Olivia Mitchell), 2007
**Scholz, John Karl, Ananth Seshadri, and Surachai Khitatrakun, “Are Americans Saving ‘Optimally’ for Retirement?” JPE, 114(4), August 2006, 607-643
*Scholz, John Karl and Ananth Seshadri, "Children and Household Wealth," mimeo, 2009
* Scholz, John Karl and Ananth Seshadri, "Health and Wealth in a Lifecycle Model," mimeo, 2010
VI. The Corporate Income Tax, Capital Structure and Other Aspects of Financial Policy
**Chetty, Raj and Emmanuel Saez, “Dividend Taxes and Corporate Behavior: Evidence from the 2003 Dividend Tax Cut,” QJE, August 2005, 70(3), 791-833
VII. Income Transfer Programs
*Scholz, John Karl, Robert Moffitt, and Benjamin Cowen, “Trends in Income Support,” in Changing Poverty, M. Cancian and S. Danziger (eds), Russell Sage Foundation, forthcoming
*J. Hastings and E. Washington. “The First of the Month Effect: New Evidence for the Optimal Timing of Food Stamp Benefits,” NBER Working Paper No. 14578, 2008.
VIII. The Earned Income Tax Credit: Taxes and Labor Supply at Low Incomes
**Hotz, V. Joseph, Charles H. Mullin and John Karl Scholz, 2005, “The Earned Income Tax Credit and Labor Market Participation of Families on Welfare,” mimeo, University of Wisconsin – Madison
*Meyer, Bruce D. and Dan T. Rosenbaum, 2001, “Welfare, the Earned Income Tax Credit, and the Labor Supply of Single Mothers,” QJE, CXVI(3), August, 1063-1114
IX. Credit Constraints for Higher Education
**Brown, Meta, John Karl Scholz, and Ananth Seshadri. “A New Test of Borrowing Constraints for Education,” Review of Economic Studies, forthcoming
*Carneiro, Pedro, and James J. Heckman. 2002. “The Evidence on Credit Constraints in Post-Secondary Schooling.” The Economic Journal, 112 (482): 705–34
X. Social Insurance
*Autor, David and Mark G. Duggan, “The Rise in Disability Recipiency and the Decline in Unemployment,” QJE, 2003
*Brown, Jeffrey and Amy Finkelstein, “The Interaction of Public and Private Insurance: Medicaid and the Long-Term Insurance Market,” AER, 98(3), 2008, 1083-1102
*D. Black, J. Smith, M. Berger, and B. Noel “Is the Threat of Reemployment Services More Effective than the Services Themselves? Evidence from UI System Using Random Assignment,” American Economic Review 93(4) 1313-27, September 2003.
XI. More Public Policy
*Chetty, Raj, John Friedman, Nathaniel Hilger, Emmanuel Saez, Diane Whitmore Schanzenbach, and Danny Yagan, “How Does Your Kindergarten Classroom Affect Your Earnings? Evidence from Project Star,” QJE, forthcoming
*Burman, Leonard, and Marvin Phaup, “Tax Expenditures, The Size and Efficiency of Government, and Implications for Budget Reform,” mimeo, July 2011
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