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Daniel R. Carroll
Person

Daniel R. Carroll

Senior Research Economist
Areas of Expertise macroeconomics, income and wealth inequality, public finance
Department Research
Education
  • BA,
  • Economics,
  • Whitman College,
  • 2001
  • PhD,
  • Economics,
  • University of Virginia,
  • 2009

Daniel Carroll is a senior research economist in the Research Department of the Federal Reserve Bank of Cleveland. His primary fields of interest are macroeconomics, public finance, and political economy. His research broadly focuses on the interactions between income and wealth heterogeneity and important macroeconomic issues such as neighborhood effects, fiscal policy, and growth.

Dr. Carroll earned his BA in economics from Whitman College in Walla Walla, Washington, and his PhD in economics from the University of Virginia.

Featured Publications
  • "On the Distributional Effects of International Tariffs." With Sewon Hur. International Economic Review, 2023.
  • "What Explains Neighborhood Sorting by Income and Race?" With Dionissi Aliprantis and Eric R. Young. Journal of Urban Economics, 2022 (Dec): 103508.
  • "The Politics of Flat Taxes." With Jim Dolmas and Eric R. Young. Review of Economic Dynamics, 2021, 39: 174-201.
  • "On the Heterogenous Welfare Gains and Losses from Trades." With Sewon Hur. Journal of Monetary Economics, 2020, 109: 1-16.
  • “Neoclassical Inequality.” With Eric R. Young. Journal of Macroeconomics, 2018, 57 (September): 83–109.
  • “Neighborhood Dynamics and the Distribution of Opportunity.” With Dionissi Aliprantis. Quantitative Economics, 2018, 9(1): 247–303.
  • “The Long–Run Effects of Changes in Tax Progressivity.” With Eric R. Young. Journal of Economic Dynamics and Control, 2011, 35(9): 1451–1473
  • “The Stationary Wealth Distribution under Progressive Taxation.” With Eric. R. Young. Review of Economic Dynamics, 2009, 12(3): 469–478.