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Over the last decade, socio-economic mobility has declined and the shares in employment of low- and high-paying occupations has increased. This work investigates if job polarization has been a cause of the decline in mobility in the UK.

This paper is about an understudied, yet important, aspect of social mobility – absolute mobility, which measures the share of children with higher incomes compared to their parents around the same age.

The number of international students in American universities more than doubled in the last decade. Much of this increasing reliance on foreign enrollment, particularly by state universities, represents a response by higher education institutions to funding shortfalls. These students disproportionately attend colleges in small urban economies, where local housing markets largely depend on student demand. International students spend home country savings when consuming local goods and services, plausibly representing countercyclical income shocks to local economies. This study estimates the impact of international students on home prices, rents, and residential construction.

One of the most enduring political economy puzzles of the past 40 years in the United States is why so many ordinary Americans support tax cuts for the rich. This paper aims to unpack this puzzle by providing new experimental evidence on what drives Americans’ preferences for cutting the top rate of federal income tax.

This paper introduces a novel lens through which we can view and understand the world, which is compositional inequality. Compositional inequality describes differences between rich and poor in terms of the labour share and capital share of their income.

This paper asks what are the gaps in exposure between racial groups, and how have they evolved over time. It shows that the gap between the non-Hispanic white population and African Americans is narrowing over time, and investigates what is the specific contribution of the Clean Air Acts.‍

This paper investigates how individuals weight income gaps between themselves and others in particular positions in a societal income distribution. This is crucial to understand how individuals form their fairness considerations and preferences for redistribution, as we know that people care about inequality both in absolute and in relative terms.

This paper examines how tax incentives lower effective tax rates and how they vary with firm size. This is important because tax incentives generate a government revenue loss, can distort firms’ production, and may exacerbate inequality. We also use our estimates of effective tax rates to assess the potential impact of a Global Minimum Tax.

How has cross-border integration affected the relative taxation of labour and capital historically and globally? And which countries have been most affected by the erosion of effective capital taxation, and why? Answering these questions is critical to shed light on the macroeconomic effects and long-run social sustainability of globalisation.

This paper develops algorithms that recover existing national accounts aggregates from naturally occurring transaction data and produce novel measures, such as distributional national accounts for the different components of output.