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
A Goldilocks Theory of Fiscal Deficits
June 30, 2022
June 30, 2022
Uncertainty about the size of annual tax refunds hinders the effectiveness of tax-based U.S. redistribution
April 8, 2021
April 8, 2021
The logistics of a reparations program in the United States
February 18, 2020
February 18, 2020
Encouraging banks to serve the credit needs of everyone
February 3, 2020
February 3, 2020
Promote economic and racial justice: Eliminate student loan debt and establish a right to higher education across the United States
February 18, 2020
February 18, 2020
Issue Brief: Household insecurity matters for U.S. macroeconomic stability
May 16, 2018
May 16, 2018
Explore Content in Credit & Debt157
The evolution of state-local balance sheets in the US, 1953-2013
July 11, 2017
July 11, 2017
Seminar Series: Debt Sustainability in a Low Interest Rate World (Invitation only)
July 12, 2017 12:15PM - 1:30PM
How the opening to China may have partially fueled the U.S. housing bubble
May 11, 2017
May 11, 2017
Bad credit, no problem? Credit and labor market consequences of bad credit reports
May 9, 2017
May 9, 2017
Should policymakers worry about the level of debt or the pace of credit growth?
May 1, 2017
May 1, 2017
The student loan crisis is fueled by a weak labor market
April 26, 2017
April 26, 2017
What kind of fiscal policy works best at the zero lower bound?
March 23, 2017
March 23, 2017
The impact of consumer credit access on employment, earnings and entrepreneurship
February 28, 2017
February 28, 2017
The U.S. minimum wage improves access to traditional lines of credit
February 22, 2017
February 22, 2017
Lost in fiscal space: Some simple analytics of macroeconomic policy in the spirit of Tinbergen, Wicksell and Lerner
November 1, 2016
November 1, 2016
What new administrative data reveals about access to consumer credit and the U.S. economy
October 31, 2016
October 31, 2016
Explore the Equitable Growth network of experts around the country and get answers to today's most pressing questions!