Topic Credit & Debt

Credit and debt play a critical role in U.S. economic fluctuations, and changes in inequality drive changes in both the demand and supply of credit in the economy. Equitable Growth examines the role of credit and debt in the economy and seeks to understand these intersections and understand how best to ensure that the financial sector serves the public interest.

Featured work

working paper

A Goldilocks Theory of Fiscal Deficits

Tax & Macroeconomics
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Uncertainty about the size of annual tax refunds hinders the effectiveness of tax-based U.S. redistribution

Tax & MacroeconomicsInequality & Mobility
Vision 2020

The logistics of a reparations program in the United States

Tax & MacroeconomicsInequality & MobilityFamilies
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Encouraging banks to serve the credit needs of everyone

Tax & MacroeconomicsInequality & Mobility
Vision 2020

Promote economic and racial justice: Eliminate student loan debt and establish a right to higher education across the United States

Inequality & MobilityFamiliesLabor
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Issue Brief: Household insecurity matters for U.S. macroeconomic stability

Tax & MacroeconomicsInequality & MobilityFamilies

Explore Content in Credit & Debt157

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Low interest rates can dampen competition and hurt productivity growth

CompetitionTax & Macroeconomics
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Wealthier individuals receive higher returns to wealth

Tax & MacroeconomicsInequality & Mobility
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Planning for the next recession by reforming U.S. automatic stabilizers

Tax & MacroeconomicsFamiliesLabor
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The effects of disability programs on financial outcomes in the United States

Tax & MacroeconomicsFamilies
working paper

Disability and distress: The effect of disability programs on financial outcomes

Tax & MacroeconomicsFamilies
In Conversation

In Conversation with Atif Mian

Tax & Macroeconomics
In Conversation

In conversation with Karen Dynan

Tax & MacroeconomicsInequality & Mobility
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Equitable Growth releases 2019 Request for Proposals

CompetitionTax & MacroeconomicsInequality & MobilityFamiliesLabor
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How not to help distressed mortgage borrowers: Evidence from the Great Recession in the United States

Tax & Macroeconomics
TOPICS: 1
TOPICS: Credit & Debt
working paper

Liquidity vs. wealth in household debt obligations: Evidence from housing policy in the Great Recession

Tax & Macroeconomics
TOPICS: 1
TOPICS: Credit & Debt
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Supreme Court decision on credit cards undermines competition, celebrates price increases, and will contribute to economic inequality

CompetitionTax & Macroeconomics
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The surprisingly constant “housing wealth effect” in the United States

Tax & Macroeconomics
TOPICS: 1
TOPICS: Credit & Debt
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