Monthly Archives: April 2009

When Ignorance Isn’t Bliss

My oped today is on the role of information in tax reform. Full text over the fold.

Posted in Behavioural Economics, Tax | 6 Comments

Speaking of Nudges

There’s been quite a bit of interest in how people make choices in the academic literature (eg. Nudge, The Other Invisible Hand), and in policy circles in other countries (eg. UK, US). But to date I haven’t seen much of … Continue reading

Posted in Behavioural Economics | 1 Comment

Will the downturn have intergenerational consequences?

From Ulrike Malmendier and Stefan Nagel: Depression Babies: Do Macroeconomic Experiences Affect Risk-Taking? We investigate whether individuals’ experiences of macro-economic outcomes have long-term effects on their risk attitudes, as often suggested for the generation that experienced the Great Depression. Using … Continue reading

Posted in Finance, Macroeconomics | 2 Comments

Many Happy Returns

Kudos to the Australian Taxation Office, who have just released a 1% sample of Australian taxpayers for the use of researchers. One of the reasons that empirical public finance has been comparatively weak in Australia is the paucity of good … Continue reading

Posted in Tax | 3 Comments

Petrol Taxes and Global Warming

We have good evidence that petrol consumption responds to prices, but according to new research from the University of Michigan, the impact of petrol taxes on carbon emissions is pretty small. Here’s the abstract: Estimating the Effect of a Gasoline … Continue reading

Posted in Environmental Economics | 3 Comments

It's Captain Feathersword!

Am I the only one who is finding Thai politics hard to take seriously? According to the latest reports: About 2,000 red-shirted protesters loyal to the exiled former premier Thaksin Shinawatra marched through the convention centre… Many analysts and observers … Continue reading

Posted in Uncategorized | 1 Comment

Beating the Kindy Cutoff

Joshua Gans and I have a few papers showing that the timing of births responds to financial incentives, lucky dates, inauspicious dates, and even obstetricians’ conferences. But perhaps we should be relieved to know that parents aren’t perfectly strategic. Suburban … Continue reading

Posted in Economics of the Family | 5 Comments