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Market Power and Income Taxation

By Louis Kaplow

American Economic Journal: Economic Policy, November 2021

This article analyzes concerns about market power and inequality in a model with multiple sectors, heterogeneous abilities, endogenous labor supply, and nonlinear income taxation. Proportional markups with no profit dissipation have no effect on the econo...

The Effects of the 1930s HOLC "Redlining" Maps

By Daniel Aaronson, Daniel Hartley, and Bhashkar Mazumder

American Economic Journal: Economic Policy, November 2021

This study uses a boundary design and propensity score methods to study the effects of the 1930s-era Home Owners Loan Corporation (HOLC) "redlining" maps on the long-run trajectories of urban neighborhoods. The maps led to reduced home ownership rates, ho...

Rising Geographic Disparities in US Mortality

[Symposium: Geographic Disparities in Health]

By Benjamin K. Couillard, Christopher L. Foote, Kavish Gandhi, Ellen Meara, and Jonathan Skinner

Journal of Economic Perspectives, Fall 2021

The twenty-first century has been a period of rising inequality in both income and health. In this paper, we find that geographic inequality in mortality for midlife Americans increased by about 70 percent between 1992 and 2016. This was not simply beca...