Jacob Bastian
@jacobbastian.bsky.social
Rutgers Econ Ast Prof || NBER || Brookings || Council of Economic Advisers Senior Economist 2023-24 || PhD UMich || I research how public policy can help low income families || 2021 Child Tax Credit = 👍🏼 || 🏀📚🚲🥃 || 1st gen college || jacobbastian.com
Reposted by Jacob Bastian
8/ 📅 July 25
⏰ 9:45 am: "Universal Pre-K as Economic Stimulus: Evidence from Nine States & Large Cities in the U.S." feat. @jacobbastian.bsky.social @kirabojackson.bsky.social
That's a wrap! For more info on this week's sessions, see the schedule: www.nber.org/conferences/...
See you next year!👋
⏰ 9:45 am: "Universal Pre-K as Economic Stimulus: Evidence from Nine States & Large Cities in the U.S." feat. @jacobbastian.bsky.social @kirabojackson.bsky.social
That's a wrap! For more info on this week's sessions, see the schedule: www.nber.org/conferences/...
See you next year!👋
SI 2025 Development of the American Economy
Format: Authors will be given the full 50 minutes of each session, with questions during the presentation.
www.nber.org
July 21, 2025 at 1:04 PM
8/ 📅 July 25
⏰ 9:45 am: "Universal Pre-K as Economic Stimulus: Evidence from Nine States & Large Cities in the U.S." feat. @jacobbastian.bsky.social @kirabojackson.bsky.social
That's a wrap! For more info on this week's sessions, see the schedule: www.nber.org/conferences/...
See you next year!👋
⏰ 9:45 am: "Universal Pre-K as Economic Stimulus: Evidence from Nine States & Large Cities in the U.S." feat. @jacobbastian.bsky.social @kirabojackson.bsky.social
That's a wrap! For more info on this week's sessions, see the schedule: www.nber.org/conferences/...
See you next year!👋
Reposted by Jacob Bastian
These estimates rely on great paper by @kirabojackson.bsky.social , @julia-turner.bsky.social , & @jacobbastian.bsky.social www.nber.org/papers/w33767 However, my inferences from their paper are based on my own regional econometric model of how shocks to labor supply affect a state's economy.
Universal Pre-K as Economic Stimulus: Evidence from Nine States and Large Cities in the U.S.
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
www.nber.org
July 8, 2025 at 7:45 PM
These estimates rely on great paper by @kirabojackson.bsky.social , @julia-turner.bsky.social , & @jacobbastian.bsky.social www.nber.org/papers/w33767 However, my inferences from their paper are based on my own regional econometric model of how shocks to labor supply affect a state's economy.
5/ These CTC changes are on top of other way that this bill will harm low income families —like cuts to Medicaid and SNAP.
In short: this CTC change helps higher earners and does not help—and may even hurt—those who need it most.
In short: this CTC change helps higher earners and does not help—and may even hurt—those who need it most.
June 4, 2025 at 6:19 PM
5/ These CTC changes are on top of other way that this bill will harm low income families —like cuts to Medicaid and SNAP.
In short: this CTC change helps higher earners and does not help—and may even hurt—those who need it most.
In short: this CTC change helps higher earners and does not help—and may even hurt—those who need it most.
4/ Who benefits most? Families earning up to $400k–$500k.
Related to similar analysis I did:
www.rstreet.org/commentary/t...
Related to similar analysis I did:
www.rstreet.org/commentary/t...
Trump’s Proposed $5,000 Child Tax Credit: Analyzing Various Approaches - R Street Institute
President Donald J. Trump’s proposal for a $5,000 Child Tax Credit (CTC) has sparked interest, though details remain scarce and largely undiscussed. This post delves into possible ways this campaign p...
www.rstreet.org
June 4, 2025 at 6:19 PM
4/ Who benefits most? Families earning up to $400k–$500k.
Related to similar analysis I did:
www.rstreet.org/commentary/t...
Related to similar analysis I did:
www.rstreet.org/commentary/t...
3/ The bill also raises the phase-in threshold from $2,500 to $3,000—meaning some of the poorest families would actually get less CTC than they do under current law.
June 4, 2025 at 6:19 PM
3/ The bill also raises the phase-in threshold from $2,500 to $3,000—meaning some of the poorest families would actually get less CTC than they do under current law.
2/ The full $2,500 per child only goes to families earning enough. For 2 kids, that’s over $34k. For 3 kids, over $53k. Many low-income families wouldn’t benefit from the expansion at all.
June 4, 2025 at 6:19 PM
2/ The full $2,500 per child only goes to families earning enough. For 2 kids, that’s over $34k. For 3 kids, over $53k. Many low-income families wouldn’t benefit from the expansion at all.