Douglas Holtz‐Eakin
Biographic Data
| ID | 5867440 |
|---|---|
| NAME | Douglas Holtz‐Eakin |
| GIVEN NAMES | Douglas |
| FAMILY NAME | Holtz‐Eakin |
| SIGNATURE | EAKIN D H |
| AFFILIATIONS | National Bureau of Economic Research |
| VERIFIED | No |
| TOTAL WORKS | 16 |
| TOTAL CITATIONS | 51 |
| WORKS AS AUTHOR | 16 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1984 |
| LATEST PUBLICATION YEAR | 2015 |
| H-INDEX | 3 |
Scoring and Dynamic Scoring
Response to Gravelle
Does Massachusetts's health care reform point to success with national reform
Right analysis, wrong conclusions
Estate Taxes, Life Insurance, and Small Business
Critics argue that the estate tax prevents the owners of family businesses from passing their enterprises to heirs because it is difficult to pay estate taxes without liquidating the business. Why don't owners purchase enough life insurance to meet their estate tax liabilities? We examine whether and how people use life insurance to deal with the estate tax. We find that, ceteris paribus, business owners purchase more life insurance than do other…
Financial Capital, Human Capital, and the Transition to Self‐Employment
We use data from the National Longitudinal Surveys to investigate the relative importance of family financial and human capital in the transition into self‐employment. Specifically, we estimate the impacts of individual's own wealth and human capital and parental wealth and self‐employment experience on the probability that an individual transits from wage‐and-salary to self‐employment. We find young men's own financial assets exert a statistical…
Public Policy Toward Entrepreneurship
Horatio Alger Meets the Mobility Tables
The question of how entrepreneurship relates to income mobility is cogent given the current public debate about the sources of income inequality and mobility in United States society. We examine how experience with entrepreneurship has affected an individual's place in the earnings distribution. Our basic tack is to follow individuals' positions in the income distribution over time, and to see how their mobility (or lack thereof) was affected by …
Stoking the fires? CO2 emissions and economic growth
We examine the relationship between economic development and carbon dioxide emissions, a greenhouse gas central to global warming predictions. Estimates derived from global panel data suggest a diminishing marginal propensity to emit (MPE) carbon dioxide as GDP per capita rises. Despite this, global carbon dioxide emissions growth will continue at 1.8 percent per annum for the foreseeable future, a result that is not sensitive to average output g…
Public-Sector Capital and the Productivity Puzzle
A number of studies have suggested a quantitatively important relationship between public-sector capital accumulation and private sector productivity, with the most compelling evidence derived from analyses of state-level data. Estimates herein of production functions that use standard techniques to control for unobserved, state-specific characteristics, however, reveal essentially no role for public-sector capital in affecting private sector pro…
Intertemporal Analysis of State and Local Government Spending
Do state and local governments smooth their consumption spending across years, or is their spending driven mainly by contemporaneous changes in resources? We design a test to determine which view of state and local spending is more consistent with the data. We find that state and local spending is determined primarily by current (as opposed to permanent) resources. That is, despite their apparent ability to skirt balanced budget laws, states and …
Sticking it Out
The authors examine survival rates of entrepreneurial enterprises and their growth, conditional on surviving. Their focus is on whether liquidity constraints increase the likelihood of entrepreneurial failure. The empirical strategy is based on the following logic: If entrepreneurs cannot borrow to attain their profit-maximizing levels of capital, then entrepreneurs with substantial personal financial resources will be more successful than those …
Elections and aggregation
Federal deductibility and local property tax rates
Estimating Vector Autoregressions with Panel Data
This paper considers estimation and testing of vector autoregressio n coefficients in panel data, and applies the techniques to analyze the dynamic relationships between wages an d hours worked in two samples of American males. The model allows for nonstationary individual effects and is estimated by applying instrumental variables to the quasi-differenced autoregressive equations. The empirical results suggest the absence of lagged hours in the …
Housing Tenure, Uncertainty, and Taxation
Modern empirical work on the choice between renting and owning focuses on the concept of the of housing, which integrates into a single measure the various components of housing costs. The standard approach implicitly assumes that households know the user cost of housing with certainty. However, the ex post user cost measure exhibits substantial variability over time, and it is highly unlikely that individuals believe themselves able to forecast …
Sticking it Out
The authors examine survival rates of entrepreneurial enterprises and their growth, conditional on surviving. Their focus is on whether liquidity constraints increase the likelihood of entrepreneurial failure. The empirical strategy is based on the following logic: If entrepreneurs cannot borrow to attain their profit-maximizing levels of capital, then entrepreneurs with substantial personal financial resources will be more successful than those …
Intertemporal Analysis of State and Local Government Spending
Do state and local governments smooth their consumption spending across years, or is their spending driven mainly by contemporaneous changes in resources? We design a test to determine which view of state and local spending is more consistent with the data. We find that state and local spending is determined primarily by current (as opposed to permanent) resources. That is, despite their apparent ability to skirt balanced budget laws, states and …
Elections and aggregation
Scoring and Dynamic Scoring
Does Massachusetts's health care reform point to success with national reform
Housing Tenure, Uncertainty, and Taxation
Modern empirical work on the choice between renting and owning focuses on the concept of the of housing, which integrates into a single measure the various components of housing costs. The standard approach implicitly assumes that households know the user cost of housing with certainty. However, the ex post user cost measure exhibits substantial variability over time, and it is highly unlikely that individuals believe themselves able to forecast …
Estimating Vector Autoregressions with Panel Data
This paper considers estimation and testing of vector autoregressio n coefficients in panel data, and applies the techniques to analyze the dynamic relationships between wages an d hours worked in two samples of American males. The model allows for nonstationary individual effects and is estimated by applying instrumental variables to the quasi-differenced autoregressive equations. The empirical results suggest the absence of lagged hours in the …
Federal deductibility and local property tax rates
Elections and aggregation
Public-Sector Capital and the Productivity Puzzle
A number of studies have suggested a quantitatively important relationship between public-sector capital accumulation and private sector productivity, with the most compelling evidence derived from analyses of state-level data. Estimates herein of production functions that use standard techniques to control for unobserved, state-specific characteristics, however, reveal essentially no role for public-sector capital in affecting private sector pro…
Intertemporal Analysis of State and Local Government Spending
Do state and local governments smooth their consumption spending across years, or is their spending driven mainly by contemporaneous changes in resources? We design a test to determine which view of state and local spending is more consistent with the data. We find that state and local spending is determined primarily by current (as opposed to permanent) resources. That is, despite their apparent ability to skirt balanced budget laws, states and …
Sticking it Out
The authors examine survival rates of entrepreneurial enterprises and their growth, conditional on surviving. Their focus is on whether liquidity constraints increase the likelihood of entrepreneurial failure. The empirical strategy is based on the following logic: If entrepreneurs cannot borrow to attain their profit-maximizing levels of capital, then entrepreneurs with substantial personal financial resources will be more successful than those …
Stoking the fires? CO2 emissions and economic growth
We examine the relationship between economic development and carbon dioxide emissions, a greenhouse gas central to global warming predictions. Estimates derived from global panel data suggest a diminishing marginal propensity to emit (MPE) carbon dioxide as GDP per capita rises. Despite this, global carbon dioxide emissions growth will continue at 1.8 percent per annum for the foreseeable future, a result that is not sensitive to average output g…
Financial Capital, Human Capital, and the Transition to Self‐Employment
We use data from the National Longitudinal Surveys to investigate the relative importance of family financial and human capital in the transition into self‐employment. Specifically, we estimate the impacts of individual's own wealth and human capital and parental wealth and self‐employment experience on the probability that an individual transits from wage‐and-salary to self‐employment. We find young men's own financial assets exert a statistical…
Public Policy Toward Entrepreneurship
Horatio Alger Meets the Mobility Tables
The question of how entrepreneurship relates to income mobility is cogent given the current public debate about the sources of income inequality and mobility in United States society. We examine how experience with entrepreneurship has affected an individual's place in the earnings distribution. Our basic tack is to follow individuals' positions in the income distribution over time, and to see how their mobility (or lack thereof) was affected by …
Estate Taxes, Life Insurance, and Small Business
Critics argue that the estate tax prevents the owners of family businesses from passing their enterprises to heirs because it is difficult to pay estate taxes without liquidating the business. Why don't owners purchase enough life insurance to meet their estate tax liabilities? We examine whether and how people use life insurance to deal with the estate tax. We find that, ceteris paribus, business owners purchase more life insurance than do other…
Does Massachusetts's health care reform point to success with national reform
Right analysis, wrong conclusions
Scoring and Dynamic Scoring
Response to Gravelle
Economics (11 works) · Fiscal Policy and Economic Growth (7 works) · Political science (7 works) · Business (6 works) · Finance (5 works) · Law (5 works) · Computer Science (4 works) · Econometrics (4 works) · Entrepreneurship (4 works) · Law (4 works)