The paper is available on SSRN: papers.ssrn.com/sol3/papers....
Meet the Pipeline Team – Part 4!
This week’s pair: @christophevl.bsky.social and @durlauf.bsky.social
More pairs coming soon.
📣 Empirical Macroeconomics Summer School
📍Ghent University, Belgium
📅 24-28 August 2026
Course on Bayesian VARs: estimation and structural analysis by Christiane Baumeister
All info and registration 👉 sites.google.com/view/macrosu...
New Markov chain methods reveal how, for the US, the last half century is associated with decreased mobility for the upper and lower classes, and greater mobility for the middle, from Geoffrey Wodtke, Weiqi Wang, Kristina Butaeva, and @durlauf.bsky.social www.nber.org/papers/w34800
A new, comprehensive measure of well-being shows that standard indicators, like wealth and consumption, may substantially understate the extent of racial inequality in the US, say researchers at @hec.ca and Stanford. #econsky www.aeaweb.org/research/cha...
Main result: at equal tax revenue, wealth taxes generate higher wealth inequality but also higher wealth mobility than capital gains taxes.
Policymakers who value both low wealth inequality and high wealth mobility face a trade-off.
🚨 New working paper – Wealth Taxation, Capital Gains Taxation and the Inequality–Mobility Trade-Off
Together with @janlo.de and @jansg.bsky.social, we compare wealth taxes and capital gains taxes in a random growth model with idiosyncratic investment risk.
Christophe Van Langenhove
ISI: Munich International Stone Center for Inequality Research
Marthe Mareels
NBER
AEA Journals
This paper shows that women get fewer and smaller parental transfers, and different assets. Tax breaks favor business assets (more often inherited by men); men pay lower effective tax rates. Resulting gender tax gap (2% inheritances, 22% gifts) reinforces 🇩🇪wealth inequality