Economist, Assistant Professor at the Ross School of Business at the University of Michigan, Senior Economist Obama White House CEA
Apr 5, 2024 • 14 tweets • 4 min read
On the heels of California’s new $20 minimum wage for fast-food workers, my co-author Max Risch of Carnegie Mellon University and I are posting our new working paper on the impact of minimum wage increases on independent businesses. [1/14] nirupamarao.org/_files/ugd/ed3…
To track impacts on these independent firms and their workers, we construct novel panel data by matching the universe of tax returns of U.S. independent businesses (pass-through firms) to the individual income tax returns of each of their workers and owners over a 10-year period. [2/14]
Mar 9, 2022 • 12 tweets • 3 min read
Occasionally, current events can make one’s somewhat esoteric dissertation suddenly and specifically relevant. 1/12 bloomberg.com/news/articles/…
My JMP was on the impact of the 1980 Windfall Profit Tax (WPT) on US oil producers. Sen. Democrats unveiled a new WPT today and it is similar to the 1980 WPT. Based on my work on the topic, I think the proposal is likely to reduce US output. 2/12
Paper: tinyurl.com/bdzycm72