What drove top inequality in France since 1984? Markups, taxes, and asset prices, but mainly through saving-rate responses. The paper quantifies the mechanisms in a heterogeneous-agent model with three assets (deposits, housing and capital) and disciplined by DINA data.
Deep Learning for Solving and Estimating Dynamic Models in Economics and Finance: Simon Scheidegger
En France, "il sert à tout sauf à financer la recherche", la charge de Philippe Aghion contre les milliards gaspillés du Crédit d'Impôt Recherche
challenges.fr/economie/il-sert-a-tout-sauf-a-financer-la-recherche-la-charge-du-prix-nobel-philippe-aghion-contre-les-milliards-gaspilles-du-cir_641949
New working paper on the term structure of inflation expectations after tariff shocks
New working paper on the term structure of inflation expectations after tariff shocks
Lors d’une table ronde au « Printemps de l’Economie », le prix Nobel Philippe Aghion a dénoncé l’inefficacité du dispositif très généreux français, capté par les grands groupes et qui le défendent en ...
challenges.fr
It is with deep sadness that the Paris School of Economics community and the academic world have learned of the passing of Roger Guesnerie, its founding president.
His intellectual legacy will continue to inspire the academic community.
post a perfect album from the 90s that isn’t nirvana, pearl jam, soundgarden, or alice in chains.
NEP-DGE: Dynamic General Equilibrium
📣Out today📣:
Report on #wealth and #inheritance in #Switzerland, based on close to 17 million tax records
190 pages of facts & figures, put together with @fuster.bsky.social, @izmartinez86.bsky.social & Falone Moseka, and supported by E4S (@heclausanne.bsky.social, EPFL, IMD)
👉 lnkd.in/dPuCknGm
Arthur Charpentier
Forthcoming article "Unpacking Rising Inequality: The Roles of Markups, Taxes, and Asset Prices" by Stéphane Auray @eyquem2.bsky.social @bgarbinti.bsky.social and Jonathan Goupille-Lebret
@eeanews.bsky.social
doi.org/10.1093/jeea...
Teaching materials available: www.eeassoc.org/teaching-mat...
Abstract. We study the dynamics of income and wealth inequality using a heterogeneous-agent model that combines endogenous portfolio choice, a granular rep
doi.org
Aurélien Eyquem
Aurélien Eyquem
Aurélien Eyquem
Paris School of Economics
Marius Brülhart
Exploring how a tariff may increase current inflation expectations but reduce expectations of future inflation, from Stéphane Auray, Michael B. Devereux, Anthony M. Diercks, Aurélien Eyquem, and Joon Kim www.nber.org/papers/w35076
Exploring how a tariff may increase current inflation expectations but reduce expectations of future inflation, from Stéphane Auray, Michael B. Devereux, Anthony M. Diercks, Aurélien Eyquem, and Joon Kim www.nber.org/papers/w35076
NBER
NBER
Tariffs can stimulate entry and slow automation in the short run, but their effects on production, trade, and welfare are subtle — and depend crucially on redistribution. www.nber.org/papers/w34935
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
