• Heterogeneity in Returns to Wealth and the Measurement of Wealth Inequality 

      Fagereng, Andreas; Guiso, Luigi; Malacrino, Davide; Pistaferri, Luigi (Journal article; Peer reviewed, 2016-05-05)
      Lacking a long time series on the assets of the very wealthy, Saez and Zucman (2015) use US tax records to obtain estimates of wealth holdings by capitalizing asset income from tax returns. They document marked upward ...
    • Taxation of the rich and incentives for investments. The case of Norway 

      Bjertnæs, Geir Haakon (Discussion Paper;No. 1001, Working paper, 2023-05)
      Taxation of capital income and wealth redistributes from the rich but may harm the Norwegian economy as business investments is distorted. This study shows how to redistribute from the richest without distorting investment ...
    • Taxation of the rich and the cost of raising tax revenue 

      Bjertnæs, Geir Haakon (Discussion Paper;No. 1002, Working paper, 2023-05)
      Taxation of capital income and wealth designed to redistribute from the rich may harm small open economies with a globalized capital market as investments are distorted. This study shows that raising tax revenue by taxing ...
    • What can we learn about household consumption expenditure from data on income and assets? 

      Eika, Lasse; Mogstad, Magne; Vestad, Ola Lotherington (Discussion Paper;No. 923, Working paper, 2020-03)
      A major difficulty faced by researchers who want to study the consumption and savings behavior of households is the lack of reliable panel data on household expenditures. One possibility is to use surveys that follow the ...
    • Why do wealthy parents have wealthy children? 

      Fagereng, Andreas; Mogstad, Magne; Rønning, Marte (Discussion papers;813, Working paper, 2015-06)
      Strong intergenerational correlations in wealth have fueled a long-standing debate over why children of wealthy parents tend to be well off themselves. We investigate the role of family background in determining children's ...