(1/3) Please RT: Felix Chopra, Ingar Haaland, @cp_roth, Sonja Settele and I are organizing 3-day PhD course on "Subjective Beliefs, Attention and Economic Behavior" on March 15th-17th, 2023, at CEBI - Center for Economic Behavior and Inequality Economics_UCPH in Copenhagen. Detailed info: drive.google.com/file/d/1nverIQ…

We use population-wide administrative data for the period 1987-2016 to describe how inequality and income dynamics have developed in Denmark. By comparing earnings with disposable income, we illustrate the effect of government redistribution.

Skewness and kurtosis are important for characterizing of the distribution of earnings growth, and especially skewness is business cycle dependent

Inequality in the level of disposable income has also increased. This coincides with a series of tax reforms that have lowered the marginal tax rate and reduced the relative value of transfer income.

Inequality in disposable income growth, though, has not changed much

Skewness and kurtosis are not so important for characterizing of the distribution of disposable income growth. Cyclicality is much reduced when moving from earnings to disposable income.

Conclusion: higher order moments are critical for describing earnings growth distribution, but not disposable income growth distribution. The generous Danish welfare state is effective in reducing the impact of earnings fluctuations on households.

Please re-tweet. PhD scholarship at the Department of Economics, University of Copenhagen. Both 5+3, 4+4, and 3+5 employment.ku.dk/all-vacancies/…

Hi #EconTwitter, please RT: We call for applications for PhD scholarships at Center for Economic Behaviour and Inequality, CEBI - Center for Economic Behavior and Inequality economics.ku.dk/jobs/phd-schol…

Subjective earnings risk is far lower than previously believed, from Andrew Caplin, Victoria Gregory, Eungik (Eun) Lee Søren Leth-Petersen, and Johan Sæverud nber.org/papers/w31019

Today I released a new paper called “Allocative Skill” with Andrew Caplin, SorenLeth, and @weidmann. We introduce a new way to measure the quality of economic decision-making called the Assignment Game. Play the game here! skillslab.dev/assignment-game 1/x

A theory and measurement paradigm for assessing individual variation in the ability to make good decisions, from Andrew Caplin, David Deming, Søren Leth-Petersen, and Ben Weidmann nber.org/papers/w31674

New CEPR Discussion Paper - DP18441 Disaggregated Economic Accounts A. L. Andersen University of Copenhagen CEBI - Center for Economic Behavior and Inequality K. Huber Chicago Booth N. Johannesen University of Copenhagen CEBI - Center for Economic Behavior and Inequality, Ludwig Straub Harvard University Harvard Department of Economics E. T. Vestergaard Danmarks Nationalbank ow.ly/VHIf50PMEWF

Today we launch the IFS Deaton Country Studies project, a series of comprehensive reports on the evolution of inequalities in 17 countries in Europe and North America led by Jonathan Cribb. Find out more and read the reports here: ifs.org.uk/inequality/cou…

CEBI and Economics_UCPH is excited to offer two fully-funded PhD scholarships as part of the research project on "Labor market effects and debt re-organization from wage garnishment."📚📊🎓 Read more and see how to apply: jobportal.ku.dk/phd/?show=1608…

#EconTwitter join us in Copenhagen: We offer two fully-funded PhD scholarships as part of the research project on "Labor market effects and debt re-organization from wage garnishment." 🧠

Developing a method to identify the individual latent propensity to select into treatment and marginal treatment effects. Identification is achieved with survey data on individuals, from Briggs, Caplin, Leth-Petersen, and Tonetti nber.org/papers/w32309

New CEPR Discussion Paper - DP18995 Identification of Marginal Treatment Effects using Subjective Expectations J Briggs Goldman Sachs, A Caplin New York University, SorenLeth University of Copenhagen University of Copenhagen Research, C Tonetti Stanford Graduate School of Business ow.ly/SKa650Rh0V1 #CEPR_LE, #CEPR_PE #economics

Special Issue: Changing Labour Market and Income Inequalities in Europe and North America: A Parallel Project to the IFS Deaton Review of Inequalities in the 21st Century: Fiscal Studies: Vol 45, No 2 onlinelibrary.wiley.com/toc/14755890/2…

All articles available open access. The papers in this two-part special issue seek to provide the bases for consistent comparisons of labour market and income inequalities across 17 North American and European countries. ifs.org.uk/journals/chang….