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 & Debt155

Coronavirus Recession

The coronavirus recession is severe, and the damage to the U.S. economy will last years

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Coronavirus Recession

Early lessons learned from the U.S. Small Business Administration’s first round of lending from its Paycheck Protection Program

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Past Event

Webinar: Fighting the coronavirus recession and the path forward

Tax & MacroeconomicsInequality & MobilityFamilies
Equitable Recovery

The coronavirus recession and economic inequality: A roadmap to recovery and long-term structural change

LaborTax & MacroeconomicsInequality & Mobility
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Two significant U.S. macroeconomic needs to consider amid the coronavirus pandemic

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Rescuing small businesses to fight the coronavirus recession and prevent further economic inequality in the United States

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The three ways fiscal policy can be used to fight COVID-19 and the coronavirus recession

Tax & MacroeconomicsInequality & MobilityFamilies
working paper

The Matching Multiplier and the Amplification of Recessions

Tax & MacroeconomicsInequality & Mobility
Coronavirus Recession

Three important questions to answer about U.S. financial stabilization policies amid the coronavirus recession

Tax & Macroeconomics
Coronavirus Recession

Getting money urgently to low-wage U.S. workers

Tax & MacroeconomicsInequality & MobilityFamilies
Coronavirus Recession

To prevent a long-term recession, make the U.S. government the payor of last resort now

Tax & MacroeconomicsInequality & MobilityLabor
Coronavirus Recession

Economic experts propose policy responses to coronavirus recession

LaborTax & MacroeconomicsFamilies
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