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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...
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Abstract. We study the dynamics of income and wealth inequality using a heterogeneous-agent model that combines endogenous portfolio choice, a granular rep
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Unpacking Rising Inequality: The Roles of Markups, Taxes, and Asset Prices