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Ken Rogoff

As seen in: Australian Financial Review
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Articles by Ken Rogoff

Work from Home and Interstate Migration

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By Michael J. Boskin, Kareem Elnahal, Adam Zhang, Ken Rogoff
| edwardconard.com
Using CPS data from 1991-2013, Boskin, Elnahal, and Zhang find that redistribution policy attenuates market income shifts most strongly at the middle-income quintile, consistent with the median voter theory. Using CPS data on U.S. state and federal taxes and transfers over 1991-2013, we estimate a regression model that yields the marginal effect of any shift of market income share from one quintile to another on the entire post-tax, post-transfer income distribution.
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The curse of cash and the allure of gold

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By Ken Rogoff
| World Gold Council
In his book The Curse of Cash, leading economist Ken Rogoff suggests that excessive reliance on paper money is responsible for ills ranging from tax evasion to terrorism. He also believes that monetary policy would be more effective in a largely cashless society. Cryptocurrencies are not an effective replacement for paper money, he says, but gold’s role is likely to increase as cash fades from view.
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