Altuğ Yıldız

This paper uses three decades of U.S. tax credit expansions to show that the EITC largely pays for itself through increased tax revenues and reduced welfare expenditures — but does so more effectively in states with lower poverty, inequality, and unemployment.

Using a 62-country panel over 50 years, this paper finds that income inequality and total factor productivity follow an inverted-U relationship — moderate inequality is associated with higher productivity, but beyond a threshold, further disparity becomes a drag on growth.

This paper shows that the anti-corruption reforms accompanying EU accession in Romania, Bulgaria, and Croatia were associated with meaningful reductions in bribery and, in turn, more equal income distributions.