Danny Yagan
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Danny Yagan | |
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Born | 1981 (age 42–43) Chicago, IL |
Nationality | American |
Alma mater | Harvard University |
Scientific career | |
Fields | Economics |
Institutions | University of California, Berkeley |
Doctoral advisor | Raj Chetty |
Danny Yagan (Arabic: داني يكن) is an American economist.
Personal life
Danny Yagan is the son of Syrian immigrants, Al and Dr. Haifa Yagan (nee Rahwan), and grew up in Bourbonnais, Illinois. He is the brother of Syrian-American Internet entrepreneur Sam Yagan,[1] and first cousin of Syrian-Australian computer scientist Iyad Rahwan. He is married to Neurologist Meredith Bock.[2]
Career
Yagan holds a BA and PhD in economics from Harvard University under the supervision of Raj Chetty. His PhD thesis was titled "Essays in Public, Labor, and Financial Economics." From January 2021 – July 2022, Yagan was the Chief Economist of the White House Office of Management and Budget.[3]
Academic Research
Danny Yagan's work falls predominantly in the areas of public and labor economics. He focuses on education quality and access, capital taxes, and inequality in recovery from the great recession. One of his most publicised articles explored the following question: How much do your kindergarten teacher and classmates affect the rest of one's life?[4] The authors examined the life paths of 12,000 children who were part of an education experiment in Tennessee in the 1980s. The study found that "[s]tudents who were randomly assigned to higher quality classrooms in grades K–3—as measured by classmates' end-of-class test scores—have higher earnings, college attendance rates, and other outcomes."[5]
Yagan is interested in measuring the impact of tax cuts on various stakeholders. In a 2014 paper, he found that the Bush administration's big cut to the dividend tax "caused zero change in corporate investment" and had "no impact on employee compensation." However, the tax cut did have "an immediate impact on financial payouts to shareholders."[6]
He has also investigated the long-term impact of the Great Recession, for example on employment.[7] These findings show that "the Great Recession imposed employment and income losses even after unemployment rates signaled recovery."[8]
Awards
Yagan was the recipient of various awards, including the Alfred P. Sloan Research Fellowship[9]. He is also a member of Phi Beta Kappa.[10]
See also
- Sam Yagan
- Dina Katabi
Bibliography
- Yagan, Danny. "Employment hysteresis from the great recession." Journal of Political Economy 127, no. 5 (2019): 2505-2558.
- Yagan, Danny. "Capital tax reform and the real economy: The effects of the 2003 dividend tax cut." American Economic Review 105, no. 12 (2015): 3531-3563.
- Chetty, Raj, John N. Friedman, Nathaniel Hilger, Emmanuel Saez, Diane Whitmore Schanzenbach, and Danny Yagan. "How does your kindergarten classroom affect your earnings? Evidence from Project STAR." The Quarterly journal of economics 126, no. 4 (2011): 1593-1660.
References
- ↑ "Sam Yagan | Biography, Companies, & Facts | Britannica". www.britannica.com. Retrieved 2023-11-20.
- ↑ Le, By Anh-Minh (2018-10-05). "How to plan the perfect Wine Country wedding". San Francisco Chronicle. Retrieved 2023-11-20.
- ↑ "One Berkeley faculty member, one alumnus join Biden economic team". Berkeley. 2022. Retrieved 2023-11-20.
- ↑ Leonhardt, David (2010-07-28). "The Case for $320,000 Kindergarten Teachers". The New York Times. ISSN 0362-4331. Retrieved 2023-11-20.
- ↑ Chetty, R.; Friedman, J. N.; Hilger, N.; Saez, E.; Schanzenbach, D. W.; Yagan, D. (2011-11-01). "How Does Your Kindergarten Classroom Affect Your Earnings? Evidence from Project Star". The Quarterly Journal of Economics. 126 (4): 1593–1660. doi:10.1093/qje/qjr041. ISSN 0033-5533. PMID 22256342.
- ↑ Yglesias, Matthew (2015-01-21). "Obama critics say his tax proposal will hurt investment. The best evidence says it won't". Vox. Retrieved 2023-11-20.
- ↑ Lowrey, Annie (2017-12-01). "The Great Recession Is Still With Us". The Atlantic. Retrieved 2023-11-20.
- ↑ Yagan, Danny (October 2019). "Employment Hysteresis from the Great Recession". Journal of Political Economy. 127 (5): 2505–2558. doi:10.1086/701809. ISSN 0022-3808.
- ↑ "Sloan Foundation names its 2018 rising stars of science". University of California. 2018-02-28. Retrieved 2023-11-20.
- ↑ gazetteimport (2005-12-08). "Phi Beta Kappa taps 48 seniors". Harvard Gazette. Retrieved 2023-11-20.
External links
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