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

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Encouraging banks to serve the credit needs of everyone

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

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

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Explore Content in Credit & Debt155

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How delayed foreclosures can actually lead to higher wages

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Here’s how high levels of household debt affect economic growth

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Why just expanding credit might not be enough for U.S. monetary policy

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The pernicious effects of growing student debt on the economic security of young workers

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Finance and competition in the U.S. economy

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Auto loans and the stability of U.S. consumption growth

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The upside of more equity for big financial institutions

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The vexing question of the U.S. housing bubble origins

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The rigid DNA of the European Central Bank

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Is China the most worrisome debt crisis today?

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Debt, equity, and differences among financial bubbles

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Fair housing, mortgages, and the U.S. Supreme Court

Tax & MacroeconomicsInequality & Mobility
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