This $272,999 federal Project Grant award, funded by the National Science Foundation's (NSF) Social, Behavioral, and Economic Sciences (CFDA 47.075) program, supports a research project at Duke University that aims to understand how the burden of market failures is shared across different households and income groups in the economy. The project will develop advanced tools and methods to estimate and analyze various economic distortions, such as markups, markdowns, and taxes, that prevent resources from being allocated to their most valuable uses. By linking detailed firm-to-firm, firm-to-consumer, and firm-to-employee data, the researchers will trace how these distortions impact the distribution of living standards across regions, demographic groups, and income levels. The findings could inform the design of optimal policies to address market failures and enhance overall societal welfare. The award is effective from July 1, 2025 through June 30, 2028.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $273.0k | 2/21/25 |