Publications

Research publications

• Dynan, Karen, and Douglas Elmendorf. “Changes in Racial Gaps in Retirement Security over Time,” Reducing Retirement Inequality: Building Wealth and Old-Age Resilience, April 2025.
• Elmendorf, Douglas. Review of The Crisis of Democratic Capitalism, by Martin Wolf. Journal of Economic Literature 62.2 (June 2024): 818–20.
• Dynan, Karen, and Douglas Elmendorf. “National Fiscal Policies to Fight Recessions in US States.” American Economic Association Papers and Proceedings, May 2020.
• Elmendorf, Douglas. “Our Troubling Fiscal Situation.” Business Economics 54 (January 2019): 131–133.
• Elmendorf, Douglas. “Federal Policy and Economic Growth.” Business Economics 52.3 (July 2017): 149–153.
• Elmendorf, Douglas, and Louise M. Sheiner. “Federal Budget Policy with an Aging Population and Persistently Low Interest Rates.” Journal of Economic Perspectives 31.3 (Summer 2017).
• Elmendorf, Douglas W., and Louise Sheiner. “Federal Budget Policy with an Aging Population and Persistently Low Interest Rates.” Hutchins Center Working Papers (October 2016).
• Elmendorf, Douglas. “Designing Federal Budget Policy to Spur Economic Growth.” Business Economics 50 162-168 (December 2015).
• Elmendorf, Douglas. “Dynamic Scoring: Why and How to Include Macroeconomic Effects in Budget Estimates for Legislative Proposals.” Brookings Papers on Economic Activity (September 2015).
• Elmendorf, Douglas. “Comment on Evans, Kotlikoff, and Phillips.” Fiscal Policy After the Financial Crisis. Ed. Alesina, Alberto, and Francesco Giavazzi. University Of Chicago Press, 2013.
• Elmendorf, Douglas. “Comment on ‘Is This Time Different? The Slowdown in Healthcare Spending.” Brookings Papers on Economic Activity (2013).
• Dynan, Karen, Douglas Elmendorf, and Daniel Sichel. “The Evolution of Household Income Volatility.” The B.E. Journal of Economic Analysis and Policy 12.2 (December 2012).
• Elmendorf, Douglas. “Choices for Federal Spending and Taxes.” Business Economics 47.3 (August 2012): 161-164.
• Elmendorf, Douglas. “Four Observations About the Federal Budget.” Business Economics 46.3 (September 2011): 139-143.

• another list

Policy commentary and unpublished research

• Elmendorf, Douglas, R. Glenn Hubbard, and Zachary Liscow. “Policies to Reduce Federal Budget Deficits by Increasing Economic Growth.” National Bureau of Economic Research Working Paper #33834. May 2025.
• Dynan, Karen, and Douglas Elmendorf. “Putting US Fiscal Policy on a Sustainable Path.” National Bureau of Economic Research Working Paper #33751. May 2025.
• Elmendorf, Douglas, Glenn Hubbard, and Zachary Liscow, “Policies to Reduce Federal Budget Deficits by Increasing Economic Growth.” April 2025.
• Dynan, Karen, and Douglas Elmendorf. “Fiscal policy and the pandemic-era surge in US inflation: Lessons for the future.” Understanding the COVID Era Inflation, Peterson Institute for International Economics, December 2024.
• Elmendorf, Douglas, Glenn Hubbard, and Heidi Williams. “Dynamic scoring: A progress report on why, when, and how.” Brookings Papers on Economic Activity, September 26-27, 2024.
• Elmendorf, Douglas and Heidi Williams. “How Does Accounting for Population Change Affect Estimates of the Effect of Immigration Policies on the Federal Budget?” UPenn Wharton Budget Model. January 18, 2024.
• Dynan, Karen, and Douglas Elmendorf. “Changes in Racial Gaps in Retirement Security over Time.” July 2023.
• Dynan, Karen, and Douglas Elmendorf. “The Federal Fisc.” Harvard Magazine. May-June 2020.
• Elmendorf, Douglas. “Yes, We Still Have the Fiscal Capacity to Deal with a Recession.” Washington Post, September 3, 2019.
• Elmendorf, Douglas. “Letter to Congressional Leaders.” Harvard Kennedy School of Government, July 21, 2017.
• Elmendorf, Douglas. “The Republican Health Care Debacle: How Not to Make Public Policy.” Foreign Affairs, May 24, 2017.
• Elmendorf, Douglas. “A Fairer Approach to Fiscal Reform.” The Washington Post, October 11, 2015.