Department of Business and Economics
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Wheaton, IL 60187
Information about this author at RePEc
NBER Working Papers and Publications
|October 2007||Mosquitoes: The Long-term Effects of Malaria Eradication in India|
with David Cutler, Michael Kremer, Monica Singhal, Tom Vogl: w13539
We examine the effects of malaria on educational attainment and income by exploiting geographic variation in malaria prevalence in India prior to a nationwide eradication program in the 1950s. We find that the program led to modest increases in income for prime age men. This finding is robust to using very localized sources of geographic variation and to instrumenting for pre-eradication prevalence with climate factors. We do not observe improvements in income for women, suggesting that observed effects are likely driven by increased labor market productivity. We find no evidence of increased educational attainment for men, and mixed evidence for women.
|July 2005||Taxation and the Evolution of Aggregate Corporate Ownership Concentration|
with Mihir A. Desai, Dhammika Dharmapala: w11469
Legal rules, politics and behavioral factors have all been emphasized as explanatory factors in analyses of the determinants of the concentration of corporate ownership and stock market participation. An extension of standard tax clientele arguments demonstrates that changes in the progressivity of taxes can also significantly influence patterns of equity ownership. A novel index of the concentration of corporate ownership over the twentieth century in the U.S. provides the opportunity to quantitatively test for the role of taxes in shaping ownership concentration. The index of ownership concentration is characterized by considerable time series variation, with significant diffusion of ownership in the post WWII era and reconcentration in the late 1990s. Analysis of this index indicates th...
Published: Auerbach, Alan J., James R. Hines, Jr. and Joel Slemrod (eds.) Taxing Corporate Income in the 21st Century. Cambridge and New York: Cambridge University Press, 2007.