Friends since high school in Belarus, Mikhail Golosov and Aleh Tsyvinski have become leading young economists in the United States, at MIT and Harvard, respectively. Much of their research focuses on the economics of optimal taxation and social insurance, and it merges a dynamic approach to analyzing taxation with the distributional concerns raised by incentives/insurance trade-offs. Their work thus explores the intersection of public finance and macroeconomics, and blends empirical and theoretical methodologies.
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Article provided by Federal Reserve Bank of Minneapolis in its journal The Region.
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