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Wealth Heterogeneity and the Marginal Propensity to Consume Out of Wealth
We provide detailed estimates of how the marginal propensity to consume out of wealth (MPC) varies along the distribution of household wealth and by asset composition, and analyse the sources of MPC h ...
Journal of the European Economic Association, 2026
Predistribution versus Redistribution: Evidence from France and the United States
We construct series of posttax income for France over the 1900–2018 period and compare them with US series. We quantify the extent of redistribution—the reduction from pretax to posttax inequality ...
American Economic Journal: Applied Economics, Vol. 16, No. 2, pp. 31-65, April 2024, 2024
The flip side of marital specialization: the gendered effect of divorce on living standards and labor supply
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Journal of Population Economics, 2021
Accounting for Wealth-Inequality Dynamics: Methods, Estimates, and Simulations for France
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Journal of the European Economic Association, 2020