Josh Coven (@josh_coven) 's Twitter Profile
Josh Coven

@josh_coven

PhD student in Finance @NYUStern. Interested in real estate, urban economics, household finance, and industrial organization.

ID: 1241831977730310145

linkhttps://joshuacoven.github.io calendar_today22-03-2020 21:00:57

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Arpit Gupta (@arpitrage) 's Twitter Profile Photo

Great job market candidate at NYU Stern—Courtney Wiegand—finds clever exogenous fiscal shocks to Debt/GDP which impact stocks, real bond yields (multiplier), and inflation. Stronger cash flow effects when we are at the zero lower bound. dropbox.com/scl/fi/5pl7owy…

Great job market candidate at NYU Stern—Courtney Wiegand—finds clever exogenous fiscal shocks to Debt/GDP which impact stocks, real bond yields (multiplier), and inflation.

Stronger cash flow effects when we are at the zero lower bound.

dropbox.com/scl/fi/5pl7owy…
Arpit Gupta (@arpitrage) 's Twitter Profile Photo

In a recent paper, we simulate exactly the effects of this kind of capital gains removal! In steady state, it would improve homeownership by young households, by alleviating lock-in and encouraging downsizing by elderly households.

In a recent paper, we simulate exactly the effects of this kind of capital gains removal!

In steady state, it would improve homeownership by young households, by alleviating lock-in and encouraging downsizing by elderly households.