Richard W. Evans
University of Chicago
• Associate Director and Senior Lecturer, M.A. Program in Computational Social Science
• Director, Open Source Economics Laboratory

(773) 702-9169
McGiffert House, Room 208
5751 S. Woodlawn Ave.
Chicago, Illinois 60637
Twitter: @RickEcon
Fields of Specialization:
  • Macroeconomics
  • Public Economics
  • Computational Economics
  • International Macroeconomics
  • Ph.D., Economics, University of Texas at Austin, 2008
  • M.S., Economics, University of Texas at Austin, 2005
  • M.A., Public Policy, Brigham Young University, 2003
  • B.A., Economics, Brigham Young University, 1998

Recent Publications:
• "Macroeconomic Effects of Reducing OASI to Payable Benefits: A Comparison of Seven Overlapping Generations Models," joint with Jaeger Nelson, Kerk Phillips, Seth Benzell, Efraim Berkovich, Robert Carroll, Guillermo Cuevas, Jason DeBacker, John Diamond, Jagadeesh Gokhale, Laurence Kotlikoff, James Mackie, Rachel Moore, Brandon Pecoraro, Brandon Pizzola, Victor Ye, and George Zodrow, National Tax Journal (forthcoming).

• "Integrating Microsimulation Models of Tax Policy into a DGE Macroeconomic Model," joint with Jason DeBacker and Kerk L. Phillips, Public Finance Review,  47:2, pp. 207-275 (Mar. 2019). [code]

• "Natural Limits of Wealth Inequality and the Effectiveness of Tax Policy," joint with Scott Condie and Kerk L. Phillips, Public Finance Review, 47:1, pp. 32-57 (Jan. 2019).

• "Advantages of an Ellipse when Modeling Leisure Utility," joint with Kerk L. Phillips, Computational Economics , 51:3, pp. 513-533 (March 2018).

• "Dynamic Analysis of the Tax Cuts and Jobs Act," joint with Jason DeBacker, Quantitative Notes, 2018-1, Open Research Group, Inc. (Feb. 2, 2018).

• "Government Revenue and Distributional Effects of Tax Cuts and Jobs Act," joint with Haylee Ham, Quantitative Notes, 2017-3, Open Research Group, Inc. (Nov. 29, 2017).

• "Big Data Techniques as a Solution to Theory Problems," joint with Kenneth L. Judd and Kramer Quist, in Conquering Big Data with High Performance Computing, eds. Ritu Arora, Springer (2016). [view on Amazon]
Works in Progress:
• "Downward Risk in Labor Income: Age, Gender, Education, Crime, and Inequality," joint with Fulin Guo (April 2019).

• "Do People Prefer Tax Policies that Benefit Themselves," joint  with Keertana Chidambaran (April 2019).

• "Precautionary Labor Supply," joint with Jason DeBacker and Zunda Xu (April 2019).

• "Synthetic Data and Privacy: Convolved Nonparametric Joint Distributions," joint with Daniel Silva-Inclan (April 2019).

Overlapping Generations Models for Policy Analysis: Theory and Computation, joint with Jason DeBacker, unpublished textbook (October 2018).

• "The Distributional Effects of Redistributional Tax Policy," joint with Jason DeBacker, Evan Magnusson, Kerk L. Phillips, Shanthi Ramnath, and Isaac Swift, revise and resubmit, Quantitative Economics (July 2016).

• "A Big Data Approach to Optimal Sales Taxation," joint with Christian Baker, Jeremy Bejarano, Kenneth L. Judd, and Kerk L. Phillips (Sep. 2015).
Other Links and News:
• Rick gave a talk, "DeBacker-Evans OG-USA Model: Intro, Primer, Examples, and Contributor Guide," at the Policy Simulation Library (PSL) Meetup at the American Enterprise Institute,  Washington, DC, January 29, 2019. [slides, video (my talk starts at minute 10:29)]

• Rick Evans' OG-USA dynamic macroeconomic simulation of effects of expanded EITC policy cited in Forbes article by Greg Ferenstein, "Can the U.S. Afford a Massive Wage Subsidy? A Macroeconomic Simulation." (Sep. 30, 2018).

• Rick's Project Euler friend key: