Casey B. Mulligan

Affiliation: University of Chicago

Casey B. Mulligan is a Professor in the Department of Economics. Mulligan first joined the University of Chicago in 1991 as a graduate student, and received his Ph.D. in Economics from the University of Chicago in 1993.

He has also served as a Visiting Professor teaching public economics at Harvard University, Clemson University, and Irving B. Harris Graduate School of Public Policy Studies at the University of Chicago.

Mulligan is author of the 1997 book Parental Priorities and Economic Inequality, which studies economic models of, and statistical evidence on, the intergenerational transmission of economic status. His recent research is concerned with capital and labor taxation, with particular emphasis on tax incidence and positive theories of public policy. His recent work includes Market Responses to the Panic of 2008 (a book-in-process with Chicago graduate student Luke Threinen) and published articles such as “Selection, Investment, and Women’s Relative Wages,” “Deadweight Costs and the Size of Government,” “Do Democracies have Different Public Policies than Nondemocracies?,” “The Extent of the Market and the Supply of Regulation,” “What do Aggregate Consumption Euler Equations Say about the Capital Income Tax Burden?,” and “Public Policies as Specification Errors.” Mulligan has reported on some of these results in the Chicago Tribune, the Chicago Sun-Times, the Wall Street Journal, and the New York Times.

He is affiliated with a number of professional organizations, including the National Bureau of Economic Research, the George J. Stigler Center for the Study of the Economy and the State, and the Population Research Center. He is also the recipient of numerous awards and fellowships, including those from the National Science Foundation, the Alfred P. Sloan Foundation, the Smith- Richardson Foundation, and the John M. Olin Foundation.

Visit: Supply and Demand (in that order)




Casey B. Mulligan's Latest Articles | 35

The Short Run Elasticity of Housing Supply

Mar 11, 2010| 

The elasticity of housing supply is the effect on the flow of home building (measured as a log change — think of it as a percentage change) of the inflation-adjusted... Read »

How Much has the Government Subsidized the Mortgage Market?

Mar 10, 2010| 

By subsidies, I mean the ex poste increase in the net worth of owners of mortgages, or pieces of mortgages, as the result of: government purchases of mortgages,... Read »

Tell-Tale Sign

Mar 9, 2010| 

In 2008, I was of the opinion that easy monetary policy cannot explain much of the housing boom. When Professors Krugman and Delong came to agree with me, I immediately... Read »

Does “Making Work Pay” Actually Make Work Pay, or Raise GDP?

Mar 4, 2010| 

The “Stimulus” law’s single most expensive provision was “Making Work Pay”. It is a $400 tax credit to persons with ANNUAL earnings... Read »

Supply Matters, Even During Deep Recessions

Feb 26, 2010| 

“Traditionally, many economists have been leery of prolonged unemployment benefits because they can reduce the incentive to seek work. But that should not... Read »

Incentives and Lags

Feb 19, 2010| 

Means-tested mortgage modification punishes people for having high incomes, and rewards them for having low incomes. I have pointed out that this may cause home... Read »

Double Dip Scenario?

Feb 11, 2010| 

A report says that a very large number of commercial real estate loans are underwater, and commerical mortgage modification is on the horizon. Undoubtably, that... Read »

Payroll Data: More Women Working than Men

Feb 5, 2010| 

Today the BLS revised its previous estimates of nonfarm payroll employees, the monthly aggregate employment series that gets the most media attention. Their most... Read »

Foreclosures, Enforcement, and Collections Under the Federal Mortgage Modification Guidelines

Jan 31, 2010| 

With the intentions of preventing foreclosures and strengthening the financial system, the FDIC and the U.S. Treasury have created guidelines for modifying mortgages,... Read »

Much Fewer than 10% of Americans are Unemployed

Jan 28, 2010| 2

Both Democrats and Republicans last night said that “10% of Americans are unemployed.” That is incorrect. The United States Census Bureau says that 15... Read »