This study examined the impact of changes in tax codes on voluntary giving to universities and colleges. While higher education institutions have drawn attention to individual gifts and philanthropic donations as supplementary financial resources, the recent introduction of the Tax Cuts and Jobs Act of 2017 in the United States reduced tax…

During the COVID-19 pandemic the federal government enacted an unprecedented package of social safety net measures, including broad-based cash transfers in the form of expanded unemployment insurance (UI), a series of economic impact payments (EIPs), and the expanded Child Tax Credit (CTC). It is well known that these measures-- especially the…

In this study, we use panel data to analyse the impact of an R&D tax credit on R&D personnel, particularly the impact on Ph.D. holders allocation, comparing low R&D intensity firms with medium-high and high R&D intensity firms. The results show that, in medium-high and high R&D intensity firms, the R&D tax credit had a…

Opponents of education choice recycle the same false prophesies of doom without regard to the evidence or the size and scope of the proposals. For decades, the most common objection to education choice policies has been that they will "destroy public education." According to the critics, choice policies will induce the parents most…

In 2008, Maine implemented the Educational Opportunity Tax Credit (EOTC), a tax credit that repays up to $4,400 of student loan debt to filers who live in Maine, work in Maine, are paying towards their student debt, and who have an eligible degree. In 2019, Maine Revenue Services (MRS) provided 14,341 EOTC tax credits to 19,798 people, with annual…

We quantify the total stock of balances eligible for the Biden administration's 2022 student loan forgiveness proposal and examine which groups would have benefited most. Up to $442 billion in loans were eligible. Those who would have benefited most were younger, had lower credit scores, and lived in lower- and middle-income neighborhoods. We also…

Advocates for taxpayer-funded school-choice programs cite the potential of market competition to spur educational improvement and promote equity for low-income students. Meanwhile, school-choice critics lament the exodus of talent and resources from public schools, which they argue such programs necessarily cause. Most research on publicly funded…

Private school choice programs are publicly-funded programs that provide families with funding to attend a private school of their choice. Since 2021, 15 states have enacted or expanded choice legislation, even making homeschoolers eligible to participate. However, homeschoolers are often reluctant to participate due to proposed regulations. We…

This article investigates the impact of tax incentives targeting young innovative firms and broader R&D tax incentives where effects on young firms are observed. It examines effects on R&D additionality, R&D wages, employment growth, turnover growth, and sales growth from innovative activities. It draws on academic literature and…

Federal financial aid policies for higher education may be classified based on their "for-purchase" and "post-purchase" natures. The former include grants, loans, and workstudy and intend to help students finance or afford college attendance, persistence, and graduation. Post-purchase policies are designed to minimize financial…

Family- and neighborhood-level poverty are associated with youth violence. Economic policies may address this risk factor by reducing parental stress and increasing opportunities. The federal Earned Income Tax Credit (EITC) is the largest cash transfer program in the US providing support to low-income working families. Many states have additional…

School choice critics argue that choice programs drain resources from public schools and therefore harm students who remain in them. Because policymakers are tasked with balancing their states' budgets and ensuring that their public schools meet educational provisions in their states' constitutions, they are concerned with the fiscal effects of…

Given recent U.S. Supreme Court decisions, specifically "Carson v. Makin", which permit public funding for religious schools, we examine how Catholic diocese and school leaders interpret these legal shifts for Catholic education. We utilize the Catholic education sector in New York City as a case study to examine how Catholic school…

Nebraska does not currently have any private educational choice programs, but recent legislative pushes have brought options such as education savings accounts (ESAs) into the spotlight. ESAs allow parents to withdraw their children from public district or charter schools and receive a deposit of public funds into government-authorized savings…

Federal housing policy continues to rely heavily on the private market and the immense capital at its disposal for the production of low income housing. But among government housing officials and across the broad network of non-profit housing professionals in the U.S., the belief in a "right to housing" is strong, along with a vision of…