Assistant Professor in Economics at Vrije Universiteit Brussel (VUB). Research on wealth inequality, wealth mobility, heterogeneous agent macro, asset pricing.
NEW paper w. @LobeckMax, @CdMeul:
How do people in the United States and Norway argue for redistribution?
In the U.S., pro-redistributive arguments mainly appeal to fairness. In Norway, arguments about the societal consequences of inequality are central.
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🚨New working paper 🚨– Saving Rate Heterogeneity across the Wealth Distribution in the United States
Using PSID data (2001–2021), I provide mobility-consistent estimates of saving rates across the U.S. wealth distribution.
3. The synthetic method underestimates saving rates by over 100% and overstates inequality.
4. Wealth mobility contributes over 100% to observed saving rates in the middle of the distribution, but only 15–32% at the top.
Hoe zijn de vermogens in België verdeeld? Niet-technische (poging tot toch 😉) blogpost voor de Universitaire Stichting Armoedebestrijding.
Link: https://t.co/Y5FwVFsYkl
🚨 New working paper: “Belgian wealth inequality, 1935-2022” (NBB WP 477).
▸ Top 1 % owns ≈22 % of net wealth - same as bottom 75 %
▸ Inequality strongly declined last century, stabilised in recent years
PDF 👉 https://t.co/iNzjqijQ4C
#EconTwitter#Belgium#WealthInequality
🚨 New working paper 🚨
I investigate wealth mobility in the United States using data from the Panel Study of Income Dynamics (PSID).
#EconTwitter#EconX#WealthMobility
Higher inequality and higher life expectancy reduce interest-growth (r-g) differentials, the key determinant of public debt ratios. New paper presents long-run projections according to which r-g will stay below zero for the next 20 yrs in European countries, but not in the US.