How does wealth heterogeneity shape consumption? Evidence from household panel data in 5 euro-area countries shows that MPCs fall with wealth, housing wealth matters across countries, and consumption responds more where mortgages are larger, consistent with a collateral channel.

Forthcoming article "Wealth Heterogeneity and the Marginal Propensity to Consume Out of Wealth" by @bgarbinti.bsky.social @plamarche.bsky.social and Frédérique Savignac @eeanews.bsky.social doi.org/10.1093/jeea...

Wealth Heterogeneity and the Marginal Propensity to Consume Out of Wealth

Abstract. We provide detailed estimates of how the marginal propensity to consume out of wealth (MPC) varies along the distribution of household wealth and

doi.org

🚀Very happy to have launched the first edition of the Paris-Lyon Public Economics Workshop, co-organized with Jonathan Goupille-Lebret at Ens Lyon. cepr.org/system/files...

Start ins #Sommersemester im #Research Seminars in #Economics an der @unihohenheim.bsky.social. Wir begrüßen heute @bgarbinti.bsky.social mit seinem Vortrag „ #Tax Design, Information, and #Elasticities: Evidence From the French Wealth Tax“. economics.uni-hohenheim.de/researchsemi...

What drove top inequality in France since 1984? Markups, taxes, and asset prices, but mainly through saving-rate responses. The paper quantifies the mechanisms in a heterogeneous-agent model with three assets (deposits, housing and capital) and disciplined by DINA data.

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...

🖥️ La version 2.4.2 de Taxipp est disponible 🚀 ⌨️ @bgarbinti.bsky.social S. Duchesne L. Josseran P. Dutronc-Postel F. Reutzel ▶️ En savoir plus sur les améliorations apportées : www.ipp.eu/actualites/t... 🙏 Avec le soutien du @caeeco.bsky.social

📢 #CallForPapers - Paris-Lyon Public Economics Workshop (PL-PubEcon) 📆28-29 May |📍ENS Lyon Deadline: 1 March Organised by: @bgarbinti.bsky.social‬ & Jonathan Goupille-Lebret cepr.org/events/paris... #EconSky

17.10.2025, 9:30-12:30 #Berlin Französische Botschaft, Seminar „Income & Wealth Distribution in #France & #Germany: What Impacts on Social Cohesion and Bilateral relations?“ #Ungleichheit #Umverteilung #francoallemand @mfratzscher.bsky.social @bgarbinti.bsky.social @bpalier.bsky.social t1p.de/q0npr

Seminar | Income and Wealth Distribution: What Impacts on Social Cohesion and Bilateral Relations ?

"Income and Wealth Distribution in France and Germany: What Impacts on Social Cohesion and Bilateral Relations ?" At a time of slowing potential growth in both France and Germany, the renewed focus on...

t1p.de

Fewer reporting requirements had large negative effects on French wealth tax compliance, w/ 35% of wealth taxpayers missing in affected brackets & evading 10% of payments each year. @bgarbinti.bsky.social @s-stantcheva.bsky.social @gabrielzucman.bsky.social et al. cepr.org/voxeu/column... #EconSky

🎂 (Près de) 6 mois après son arrivée à la tête du pôle fiscalité des ménages, @bgarbinti.bsky.social revient sur les enjeux liés à la direction de ce pôle "historique" de l'IPP. ▶️ Lire l'entretien : www.ipp.eu/actualites/e... @crestumr.bsky.social Show translation