Governments have used vouchers to spend billions of dollars on private education; much of this spending has gone to religiously-affiliated schools. We explore the possibility that vouchers could create a financial windfall for religious organizations operating private schools and in doing so...

We investigate whether taxpayers respond to a large, ACA-induced upward tax notch at the Federal Poverty Level. Using administrative tax data, we document bunching in the income distribution and provide estimates of the taxable income elasticity. Our estimates are the only ones using US data...

Does monetary policy affect household inequality? Does household inequality affect monetary policy transmission? We build a two-agent New Keynesian model with conventional monetary policy and central bank asset purchases to quantitatively address these questions. Expansionary shocks to...

We combine a new dataset of weekly Catholic church donations with a new dataset of presidential-election campaign stops to explore the impact of stops on donations. We find that stops increase donations, with a campaign stop generating 2 percent more donations in the following week. Our results...

Is government guiding the invisible hand at the top of the labor market? We use new administrative data to measure physicians’ earnings and estimate the influence of healthcare policies on these earnings, physicians’ labor supply, and allocation of talent. Combining the administrative...