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