Gabriel Zucman on Tax Evasion and Inequality

Image from Gabriel Zucman's book "The Hidden Wealth of Nations: The Scourge of Tax Havens" published in 2015. 

Image from Gabriel Zucman's book "The Hidden Wealth of Nations: The Scourge of Tax Havens" published in 2015. 

Alphachat's Matthew Klein spoke with O-Lab's Gabriel Zucman on tax evasion and inequality. "Using publicly-available data from central banks and the International Monetary Fund, he found that...the discrepancy between reported assets and the associated claims is concentrated in a handful of places known to facilitate tax avoidance." Listen to the full interview HERE and visit our Taxation and Inequality page for more research. 

Hilary Hoynes talks #SNAP with the Federal Reserve Bank of Minneapolis

"The War on Poverty was launched over half a century ago, with a host of programs intended to ease the plight of the poor. Food stamps, Medicare, Medicaid, Head Start and programs for job training, adult education and equal opportunity business lending were launched or strengthened. Long before that, the New Deal initiated Aid to Families with Dependent Children, guaranteed pensions, unemployment insurance, the Works Progress Administration and other programs—creating a “social safety net” to protect Americans from economic poverty and related disadvantages." Read the full interview HERE.

The Success of the Earned Income Tax Credit

O-Lab Co-Director Hilary Hoynes contributes to EITC research with an EconoFact memo. 

"The Earned Income Tax Credit (EITC) is a major anti-poverty program that benefits both children and adults. It is a program with wide bipartisan support since, by providing a tax credit to lower-income working families in a way that incentivizes work, it both promotes greater labor force participation and supports the working poor. It currently does not provide much support for individuals or households without children, but there has been bipartisan support in the past for an expansion of the program to provide greater benefits to this group as well." Read the full memo HERE.

O-Lab Presents Empirical Research to CalDay Audience

On April 22, three O-Lab affiliated faculty presented some of their most recent research to a captivated audience.

Rucker Johnson, Associate Professor in the Goldman School of Public Policy and a Faculty Research Associate of the National Bureau of Economic Research discussed his research on the synergistic effects of pre-K and K-12 spending on children’s long-run adult attainments.

Danny Yagan, Assistant Professor of Economics and Faculty Lead of O-Lab’s Taxation and Inequality Initiative shared his Mobility Report Cards research, which shows that some colleges have a significant number of students who come from low-income families and end up as high-income adults.

Supreet Kaur, Assistant Professor of Economics, spoke about new advances in the psychology of poverty: how integrating ideas from psychology into economics can help us better understand why it is difficult for the poor to escape poverty.  Kaur did this by describing empirical results from field experiments with manufacturing workers that indicate the experience of poverty itself lowers cognitive functioning and worker productivity.  

Learn about upcoming events by following us on Twitter, @Berkeley_OLab or signing up for our newsletter by emailing info.olab@berkeley.edu 

Do Healthy Lunches Improve Student Test Scores? A new study identifies a link between food quality and achievement.

The Atlantic looked to a new study by O-Lab's Michael Anderson when discussing the link between healthy school lunches and test scores.  Professor Anderson's study shows that “Healthier meals could raise student achievement by about 4 percentile points on average.”

Some Colleges Have More Students From the Top 1 Percent Than the Bottom 60. Find Yours.

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New research by Emmanuel Saez and Danny Yagan shows "roughly one in four of the richest students attend an elite college...

In contrast, less than one-half of 1 percent of children from the bottom fifth of American families attend an elite college; less than half attend any college at all." 

 

Read the full article from The New York Times' TheUpshot and view the full report at The Equality of Opportunity Project.

 

The Earned Income Tax Credit: a key policy to support families facing wage stagnation

What's Next? The Need for Evidence Based Research

The election may be over, but the need for rigorous research that addresses growing poverty and inequality remains just as vital.  On October 17, a group of people gathered at O-Lab's launch event to hear Christina Romer, David Card, and Enrico Moretti discuss education, housing, and the role rigorous evidence based research can play in shaping economic policy.  Read more about the event HERE and view the slideshow below. 

Hilary Hoynes Appointed to the Commission on Evidence-Based Policymaking

Congratulations to O-Lab Professor Hilary Hoynes on her appointment to the Commission on Evidence-Based Policymaking.  The commission, signed into law with bipartisan support, "lays critical groundwork for adopting evidence-based policies that maximize public investment and improve lives," according to the Urban Institute

Click HERE for a full list of the Commission members.