Benjamin Lockwood

Assistant Professor
Business Economics and Public Policy

The Wharton School
University of Pennsylvania

Research Publications

Regressive Sin Taxes, with an Application to the Optimal Soda Tax
with Hunt Allcott and Dmitry Taubinsky
Quarterly Journal of Economics, 2019, 134 (3), pp. 1557–1626.
[Journal webpage] [NBER version with appendix]
News coverage: The Economist, Philadelphia Inquirer

Should We Tax Sugar-Sweetened Beverages? An Overview of Theory and Evidence
with Hunt Allcott and Dmitry Taubinsky
Journal of Economic Perspectives, 2019, 33 (3), pp. 202-227.
[Download paper]

Ramsey Strikes Back: Optimal Commodity Taxes and Redistribution in the Presence of Salience Effects
with Hunt Allcott and Dmitry Taubinsky
American Economic Association Papers and Proceedings, 2018, 108, pp. 88-92.
[Journal webpage] [NBER version with appendix]

Taxation and the Allocation of Talent
with Charles Nathanson and E. Glen Weyl
Journal of Political Economy, 2017, 125 (5), pp. 1635-1682.
[Journal webpage] [SSRN version] [Appendix]
News coverage: Vox, Marginal Revolution

Positive and Normative Judgments Implicit in U.S. Tax Policy, and the Costs of Unequal Growth and Recessions
with Matthew Weinzierl
Journal of Monetary Economics, 2016, 77, pp. 30-47.
[Journal webpage] [NBER version] [Appendix]

De Gustibus Non Est Taxandum: Heterogeneity in Preferences and Optimal Redistribution
with Matthew Weinzierl
Journal of Public Economics, 2015, 124, pp. 74-80.
[Journal webpage] [Pre-press version with appendix]

Stuck in the Middle: Impacts of Grade Configuration in Public Schools
with Jonah Rockoff
Journal of Public Economics, 2010, 94 (11-12), pp. 1051-1061.
[Journal webpage] [Pre-press version]

Working Papers

Designing Better Sugary Drinks Taxes: How to Lose 200 Million Pounds with One Simple Trick
with Anna H. Grummon, Hunt Allcott and Dmitry Taubinsky
Under review. Draft and methods appendix available upon request.

Optimal Income Taxation with Present Bias
Revision requested: American Economic Journal: Economic Policy
[Download paper]

Other Writing

The cigarette tax has saved millions of lives. A soda tax could too
with Hunt Allcott and Dmitry Taubinsky
Los Angeles Times (June 3, 2019)
[Link to article]

What If Socially Useful Jobs Were Taxed Less Than Other Jobs?
with Charles Nathanson and E. Glen Weyl
Harvard Business Review (October 11, 2017)
[Link to article]

Selected Work in Progress

Generalized Capital Taxation with Sufficient Statistics
with Antoine Ferey and Dmitry Taubinsky

What Is the Optimal Implicit Lottery Tax?
with Hunt Allcott and Dmitry Taubinsky

Tempered Commitment and Optimal Work Subsidies
with Syon Bhanot and Andrew Johnston

Uncertainty in Income Tax Forecasts
with Alex Rees-Jones