Alan Auerbach

Romney vs. Obama on Corporate Tax Reform

Alan Auerbach cited in The Wall Street Journal, March 14, 2012

Modern economic theory and empirical evidence—including a series of papers by one of us (Hassett) and Alan Auerbach of the University of California, Berkeley—show that raising taxes on dividends at the individual level increases the cost of equity capital and lowers asset prices, harming consumers while hindering firms’ ability to hire workers.

Alan Auerbach Opines on Greek Debt

The Wall Street Journal, The Numbers Guy, February 18, 2012 by Carl Bialik
http://on.wsj.com/GEWpix

“This is, in a sense, an issue of what the right debt measure is,” says Alan Auerbach, an economist at the University of California, Berkeley. “Implicit liabilities belong in there somewhere, although there is no simple aggregation.”

Alan Auerbach Studies Impact of Fiscal Policy on US Economy

-The New York Times, January 6, 2012 by Binyamin Appelbaum
http://nyti.ms/wQaAQr

A recent study of federal spending since World War II by Alan Auerbach and Yuriy Gorodnichenko, both economists at the University of California, Berkeley, found that the economic benefits from nonmilitary spending were at least 50 percent larger than those from defense spending during periods of normal growth.

-Bloomberg, January 6, 2012 by the Editors
http://wapo.st/wvzhqo

Ultimately, everyone will have to contribute―in the form of increased taxes, curtailed services or both. The longer we wait, the worse the problem will get: Auerbach estimates that another five years of current policy would bring the structural budget deficit to 5.8 percent of GDP a year.

Alan Auerbach Discusses Closures of Redevelopment Agencies

KQED News, December 29, 2011 Host Kelly Wilkinson
http://www.kqed.org/a/kqednews/RN201112291730/a

“It’s part of the governor’s agenda to shift responsibilities to the local governments without giving them enough money to pay for it. It’s what we’re observing at the national level, too, the federal government is shifting responsibility onto the states and not giving them the money to pay for it. It’s what governments do when they don’t have enough money.”