The research of Mark Sheppard focuses primarily on welfare policy, public finance, income variance, and wealth inequality.
OVERVIEW OF DISSERTATION
ESSAYS in SHOCKS, WELFARE, & INEQUALITY
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The field of income inequality has increased drastically, however the trends in sub-categories of income are still underestimated. Using panel data, Sheppard seeks to unpack the similarities between traditional wage income volatility and other categories of income.
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Wealth shocks are not transmitted equally across communities, there are measurable disparities in how recessions affect asset values. Therefore necessitating distributional analysis in wealth shocks.
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Unconventional monetary policy can take many forms, unifying the effects is difficult. However, some unconventional monetary policies have more distributional impacts than others.