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Transfer taxes and household mobility: Distortion on the housing or labor market?
(Elsevier, 2017)
We estimate the effect of the UK Stamp Duty Land Tax (SDLT) – a transfer tax on the purchase price of property or land – on different types of household mobility using micro data. Exploiting a discontinuity in the tax ...
Secular rise in economically valuable personality traits
(National Academy of Sciences, 2017)
Although trends in many physical characteristics and cognitive capabilities of modern humans are well-documented, less is known about how personality traits have evolved over time. We analyze data from a standardized ...
The Evolution of Social Mobility: Norway during the Twentieth Century
(Wiley, 2017)
We document trends in social mobility in Norway using intergenerational income elasticities, the associations between the income percentiles of fathers and sons, and brother correlations. The results of all approaches ...
Formative Experiences and Portfolio Choice: Evidence from the Finnish Great Depression
(Wiley, 2017)
We trace the impact of formative experiences on portfolio choice. Plausibly exogenous variation in workers’ exposure to a depression allows us to identify the effects and a new estimation approach makes addressing wealth ...