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When Wealth Taxes Don't Bite: Behavioural Responses to the Belgian Asset-Specific Wealth Tax

Using three complementary bunching methods and unique Belgian banking data, we find no evidence of significant behavioral responses to the wealth tax on securities accounts, suggesting that well-designed wealth taxes targeting measurable assets can be effective revenue instruments.

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The heterogeneous reactions of household credit to income shocks

JEL Codes D14, D15, G51, H31 Interactive Visualization: Bartik Instrument The map below shows variation in our Bartik (shift-share) instrument across US counties from 2005 to 2020. The instrument predicts local earnings shocks based on national industry trends weighted by each county’s pre-period industry composition.

Apr 8, 2026

Shale Production and the Transmission of Oil Supply Shocks: Evidence from U.S. States

JEL Codes C33, E32, Q33, Q43, R11 A working paper version will be posted in the coming months.

Apr 8, 2026