Research

Working Papers

Putting the ‘Finance’ into ‘Public Finance’: A Theory of Capital Gains Taxation (PDF, 1 MB)
with Mark Aguiar and Benjamin Moll
June 2024
slides (PDF, 8 MB)

Mirrlees meets Diamond-Mirrlees: Simplifying Nonlinear Income Taxation (PDF, 323 KB)
with Iván Werning
September 2018
older version available as NBER working paper 22076

A Theory of Income Taxation under Multidimensional Skill Heterogeneity (PDF, 733 KB)
with Casey Rothschild
December 2014 
older version available as NBER working paper 19822
 

Publications

Does A Progressive Wealth Tax Reduce Top Wealth Inequality? Evidence From Switzerland  (PDF, 809 KB)
with Samira Marti and Isabel Martínez
Oxford Review of Economic Policy 39 (2023), 513-529, special issue on "Taxing the Rich (More)”
also available as CEPR discussion paper 17989

Signaling to Experts (PDF, 852 KB)
with Pablo Kurlat
Review of Economic Studies 88 (2021), 800-850.
older version available as NBER working paper 23817

Taxing Our Wealth (PDF, 3 MB)
with Joel Slemrod
Journal of Economic Perspectives 35 (2021), 207-230.
also available as NBER working paper 28150

Taxing the Superrich - Challenges of a Fair Tax System (PDF, 1 MB)
UBS Center Public Paper 9 (2020)

Taxation and the Superrich (PDF, 424 KB)
with Joel Slemrod
Annual Review of Economics, 12 (2020), 189-211.
older version available as NBER working paper 26207

How Initial Conditions Can Have Permanent Effects: The Case of the Affordable Care Act (PDF, 2 MB)
with Kent Smetters
American Economic Journal: Economic Policy 10 (2018), 302-343. 
older version available as NBER working paper 19835

The Taxation of Superstars (PDF, 405 KB)
with Iván Werning
Quarterly Journal of Economics 132 (2017), 211-270.
older version available as NBER working paper 21323

Capital Taxation under Political Constraints (PDF, 326 KB)
with Alexander Wolitzky
American Economic Review 106 (2016), 2304-2328.
older version available as NBER working paper 20043

Optimal Taxation with Rent-Seeking (PDF, 787 KB)
with Casey Rothschild
Review of Economic Studies 83 (2016), 1225-1262.
older version available as NBER working paper 17035

Entrepreneurial Taxation with Endogenous Entry (PDF, 484 KB) 
American Economic Journal: Economic Policy 6 (2014), 126-163. 
longer version available as NBER working paper 19235

A Game Theoretic Foundation of Competitive Equilibria with Adverse Selection (PDF, 252 KB)
with Nick Netzer
International Economic Review 55 (2014), 399-422.
also available as NBER working paper 18471

Redistributive Taxation in the Roy Model (PDF, 562 KB)
with Casey Rothschild
Quarterly Journal of Economics 128 (2013), 623-668.
older version available as NBER working paper 18228

Adverse Selection In Credit Markets and Regressive Profit Taxation (PDF, 480 KB)
Journal of Economic Theory 148 (2013), 1333-1360.
older version available as NBER working paper 18406

Optimal Asset Taxes in Financial Markets with Aggregate Uncertainty (PDF, 222 KB)
Review of Economic Dynamics 16 (2013), 405-420.
also available as NBER working paper 17817

Balance Billing: The Patients’ Perspective (PDF, 208 KB)
with Mathias Kifmann
Health Economics Review 1 (2011), 1-14.

Competitive Markets without Commitment (PDF, 347 KB)
with Nick Netzer
Journal of Political Economy 118 (2010), 1079-1109.

Competitive Screening in Insurance Markets with Endogenous Wealth Heterogeneity (PDF, 638 KB)
with Nick Netzer
Economic Theory 44 (2010), 187-211.

Taxation, Insurance, and Precautionary Labor (PDF, 397 KB)
with Nick Netzer
Journal of Public Economics 91 (2007), 1519-1531.