A fun action shot presenting at
@beckerfriedman.bsky.social / UChicago on income responses to the large implicit tax on parent income from college aid!

#econJM candidates, as you're cramming in those 11/15 apps, don't forget Hoover Fellow apps are due Monday 11/18!

--> Up to 10 years. 100% own research time - no teaching, no splitting time on other projects. Great pay. Great location. Friendly colleagues.

#econsky

The most important thing to carry over from Twitter/X: The time I was retweeted by @khoavuumn.bsky.social

(2) In WP with Johnny Huynh, we study a unique "local preference" in college admissions. This boosts enrollment at local 4yr public, not crowded out by enrollment at other in-state 4yr publics. Effect comes all from high URM share HS's. (See fig.) This formally race-neutral policy improves equity!

(1b) I further study how misperception of a complex tax affects deadweight loss (DWL). I show theoretically two channels matter: average & variance of misperceptions. I run a survey to measure these for college aid implicit tax. Crucially, var of misperceptions is large, increasing DWL.

(1a) My JMP from last year studies parent income response to the large "implicit tax" created by means-testing college aid in the US. Much larger than programs like EITC & hits much of middle class (see image), but no previous estimates of parent income elasticity to this tax! I find ETI ≈ .1