Gopi Shah Goda

Some professional news: I will be joining @BrookingsInst @BrookingsEcon as the director of the Retirement Security Project and the Alice M. Rivlin Chair in Economic Policy this October! 1/

The itemized medical deduction originated in 1942 with a worthy goal—to mitigate the tax burden on those facing hardship from high health care costs. Is it still doing what it was designed to do? Check out the latest research from @ipogadog brookings.edu/articles/a-lit…

Message Sept. 12 is the submission deadline for the 2025 TIAA Paul A. Samuelson Award for outstanding scholarly writing on lifelong financial security. Don’t miss your chance to apply. Learn more: tiaa.org/public/institu… #Econ #InstFellows #FinancialSecurity

I write in today's Briefing Book how Trump tariffs have misfired economically & geopolitically. Trade modeling shows Trump tariffs to date would raise US prices 5.4% and lower US real income 0.8%. And they hurt Canada and Mexico far more than China. briefingbook.info/p/the-economic…

Join us Thursday, January 16th for our next #LTC Seminar! @ipogadog of the @BrookingsInst will present, "Subsidizing Medical Spending through the Tax Code: Take-Up, Targeting and the Cost of Claiming." Register at g2aging.org/ltcseminar

Incomplete take-up of the itemized medical deduction diverts savings from less healthy individuals. Claiming imposes significant economic burdens, reducing the implied net savings, from @ipogadog nber.org/papers/w33213

Thanks to @TIAAInstitute for funding this work! This paper is dedicated to my dad, who was the inspiration for this research agenda.

If you like this paper and want to learn about how the tax savings for IMDs are distributed, how it compares to the MID, and how it changed with the TCJA, check out my related paper with Ithai Lurie, Priyanka Parikh, and Chelsea Swete here! nber.org/papers/w33157 11/ END

🚨New working paper alert!🚨 One way the U.S. gov’t subsidizes medical spending is by allowing certain expenses to be deducted on tax returns. But who is eligible, who claims it and why, and what are the implications? nber.org/papers/w33213 1/

Today in @Briefing_Book, @farihakamal2011, @EricaGroshen, @rothstein_jesse, @UdalovaVictoria, @JedKolko, @ipogadog, @awh, @chloergibbs, and I flag issues to watch as the administration changes briefingbook.info/p/quick-hits-p…

Older Americans are exposed to considerable financial risk from long-term care needs. @ipogadog and @chvanhoutven make the case for expanding coverage of paid home care through Medicare. brookings.edu/articles/expan…

I'm in @Briefing_Book this morning with @weakinstrument looking at the effect of the switch to online interviews in the University of Michigan Survey of Consumers. TL;DR: Consumer Sentiment is currently being biased down by 9 points due to the switch. /1 briefingbook.info/p/the-effect-o…