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

working paper

The evolution of state-local balance sheets in the US, 1953-2013

Tax & Macroeconomics
TOPICS: 1
TOPICS: Credit & Debt
Past Event

Seminar Series: Debt Sustainability in a Low Interest Rate World (Invitation only)

Tax & Macroeconomics
TOPICS: 1
TOPICS: Credit & Debt
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Home is where the government subsidy is

Tax & MacroeconomicsFamilies
post

How the opening to China may have partially fueled the U.S. housing bubble

Tax & MacroeconomicsFamilies
working paper

Bad credit, no problem? Credit and labor market consequences of bad credit reports

Tax & Macroeconomics
TOPICS: 1
TOPICS: Credit & Debt
post

Should policymakers worry about the level of debt or the pace of credit growth?

Tax & Macroeconomics
TOPICS: 1
TOPICS: Credit & Debt
post

The student loan crisis is fueled by a weak labor market

Tax & MacroeconomicsInequality & MobilityFamiliesLabor
post

What kind of fiscal policy works best at the zero lower bound?

Tax & Macroeconomics
working paper

The impact of consumer credit access on employment, earnings and entrepreneurship

Tax & Macroeconomics
TOPICS: 1
TOPICS: Credit & Debt
post

The U.S. minimum wage improves access to traditional lines of credit

Tax & MacroeconomicsLabor
working paper

Lost in fiscal space: Some simple analytics of macroeconomic policy in the spirit of Tinbergen, Wicksell and Lerner

Tax & Macroeconomics
TOPICS: 1
TOPICS: Credit & Debt
post

What new administrative data reveals about access to consumer credit and the U.S. economy

Tax & MacroeconomicsLabor
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