Today we released the first papers from OpenResearch's Unconditional income Study, which gave 1k ppl $1k/mo for 3 yrs & had a N=2k control group This 🧵 is for RCT nerds: how did we measure the cash's fx? Learn about 96% response rates, blood draws, changing a state law & more..

🚨New Research Alert🚨 In America, there are 741 billionaires with a combined net worth of $5.2 trillion. Do Americans want to tax billionaires? Why? In a new working paper, Ricardo Perez-Truglia and I provide some answers. A thread 👇 [1/11] nber.org/papers/w32712

🔍Discover the effects of automatic information exchange on tax compliance in our latest Working Paper. We’ve analyzed data from foreign banks' reports to Danish authorities, along with detailed micro-data on income, wealth & cross-border bank transfers. taxobservatory.eu/publication/ta…

Thrilled to release this paper using fantastic Danish administrative data to study how people responded to the automatic exchange of bank information This is one of the most important advances in international cooperation of the last decades—and it had spectacular effects 👇👇👇

📈New HMRC inheritance tax statistics show that IHT revenues were £6bn in 2021-22, continuing their long-term rise. We forecast that over the decade up to 2032-33, inheritance tax revenues will double in real terms from around £7bn to £15bn. 1/

Can the provision of public goods increase tax compliance? In a new working paper with Anne Brockmeyer & Juan Carlos Suárez, we study a large public investment experiment and find that local public infrastructure does not improve property tax compliance in Mexico City. 1/

Kudos to Youssef Benzarti for this great review of empirical results that contradict the canonical model of tax incidence that we teach in public economics! All we need now is a new and unifying theory! nber.org/papers/w32819

Publication alert 📢 Tobias Hauck's and my paper on tax non-filing is now open access at Journal of Public Economics: doi.org/10.1016/j.jpub… TLDR: If taxpayers do not file, they often overpay taxes and this weakens the effective tax progressivity because most non-filers have low income. 🧵1/

The revenue potential from increasing tax rates on capital gains may be substantially larger than previously thought by many in the tax policy community. | Owen Zidar | IFS Denton Review | Oxford Open Economics academic.oup.com/ooec/article/3…

There's some hysteria about Harris' endorsement of Biden's proposal to tax unrealised capital gains. There's also a controversial Australian proposal to tax unrealised gains on retirement savings. A quick thread on how public finance economists typically think about this. 1/15

🚨 RA job alert! Jeanne Bomare and I are hiring a part-time RA starting this fall for a British Academy-funded project on UK inheritance tax (London-based). Apply here: bit.ly/RA_kings Email me if you have any questions Econ RA Listings PREDOC.org EU Tax Observatory King's QPE

IIPF Scientific Committee chaired by Daniel Reck and Dominika Langenmayr with President Wojtek Kopczuk 🇵🇱🇺🇦 gave best paper awards 🏆at this wonderful #IIPF2024 congress in Prague VŠE v Praze :

Join us tomorrow for a full day of exciting talks on inequality and taxation at the EEA Erasmus University! 11am Axelle Ferriere Antoine Ferey Nicolas Werquin Matias Bayas-Erazo Northwestern Economics 2pm Andreas Fagereng and myself 4pm Clara Martínez-Toledano Mathilde Muñoz Arun Advani Ségal Le Guern Herry

The discussions of unrealized capital gains for the very rich (ie those with wealth exceeding $100M) are often missing a key fact - two thirds of unrealized gains at the very top is from gains in private businesses (From SCF data eml.berkeley.edu/~yagan/Capital…) Jason Furman Marginal Revolution

📢📢The conference all the cool kids are talking about is back! Lofoten Int'l Symposium on Inequality & Taxation #LISIT2025 Special Issue of Fiscal Studies linked to the Symposium. Call 4 Papers now out: shorturl.at/PLI2C Submission deadline: 1.1.2025 Help us to Repost/RT!

Overall, I want to push back on the use of these estimators as a "robustness check" - for the static spec, they may relax one assumption (in a very particular way) but place greater emphasis on effect homogeneity (26/)

🚨Job alert🚨 With Clara Martínez-Toledano we are looking for a part-time research assistant for a project on the relationship between inflation and political attitudes. Profile: living in the UK + good knowledge of Stata. If interested shoot us an email with your CV before September 25th!

Third-year paper slam and poster presentation for our PhD students! 🙌 A wide range of topics, engaging discussions, and highly motivated students. Keep up the excellent (and admittedly hard) work! #workinprogress 💪 #uzh #Economics #pioneeringeconomics Universität Zürich

Regressions on multiple treatments and controls do not estimate averages of treatment-specific effects. Instead, the estimated treatment coefficients may be "contaminated" by the effects of other treatments This paper shows this problem and proposes practical diagnostics and

Excited to launch my European Research Council (ERC) Starting Grant at @UCL! I will hire Predoc/RAs starting early 2025 and a PhD Student + Postdoc starting Autumn 2025. Experience with admin data, linked employer-employee data, causal inference are a plus. Sounds like you? Get in touch!