Jake Mortenson
@jm0rt.bsky.social
on here: tax economist
out there: also a tax economist, but other things too
http://www.JacobMortenson.com
out there: also a tax economist, but other things too
http://www.JacobMortenson.com
Pinned
Jake Mortenson
@jm0rt.bsky.social
· Nov 13
JCX-1-24
www.jct.gov
This is a thread on academic papers relevant to discussions of potential U.S. tax policy changes. Will be adding to it periodically. Please feel free to send suggestions.
But first here is a list of expiring provisions between now and 2034, compiled by JCT: www.jct.gov/publications...
[1/n]
But first here is a list of expiring provisions between now and 2034, compiled by JCT: www.jct.gov/publications...
[1/n]
Reposted by Jake Mortenson
Analyzing US multinational enterprises' trade flows using newly linked customs transaction data and their production networks, revealing intrafirm linkages and trade frictions in regional supply chains, from Alfaro, Conconi, @fkamal.bsky.social, and Kroff https://www.nber.org/papers/w33887
June 10, 2025 at 3:00 PM
Analyzing US multinational enterprises' trade flows using newly linked customs transaction data and their production networks, revealing intrafirm linkages and trade frictions in regional supply chains, from Alfaro, Conconi, @fkamal.bsky.social, and Kroff https://www.nber.org/papers/w33887
Reposted by Jake Mortenson
It has now been 134 consecutive combined seasons for Minnesota’s NFL, MLB, NHL, NBA, and MLS teams without a finals appearance.
May 29, 2025 at 2:50 AM
It has now been 134 consecutive combined seasons for Minnesota’s NFL, MLB, NHL, NBA, and MLS teams without a finals appearance.
Reposted by Jake Mortenson
Recently published in @jpube.bsky.social:
"Tax Avoidance through corporate accounting: Insights for corporate tax bases"
By Eric Heiser, Michael Love, & @jm0rt.bsky.social
www.sciencedirect.com/science/arti...
#econsky
"Tax Avoidance through corporate accounting: Insights for corporate tax bases"
By Eric Heiser, Michael Love, & @jm0rt.bsky.social
www.sciencedirect.com/science/arti...
#econsky
May 9, 2025 at 10:07 PM
Recently published in @jpube.bsky.social:
"Tax Avoidance through corporate accounting: Insights for corporate tax bases"
By Eric Heiser, Michael Love, & @jm0rt.bsky.social
www.sciencedirect.com/science/arti...
#econsky
"Tax Avoidance through corporate accounting: Insights for corporate tax bases"
By Eric Heiser, Michael Love, & @jm0rt.bsky.social
www.sciencedirect.com/science/arti...
#econsky
Excited to have this paper out in JPubEc.
Relevant to folks pondering/evaluating/designing corporate tax bases!
Relevant to folks pondering/evaluating/designing corporate tax bases!
The maxim in tax policy is for “broader bases, lower rates” to reduce distortions. But when Texas broadened its corporate tax base & lowered its rate in 2006, it left a hole: cost of goods sold. This paper finds a large response by firms reclassifying expenses as cost of goods sold to avoid the tax.
May 9, 2025 at 10:17 PM
Excited to have this paper out in JPubEc.
Relevant to folks pondering/evaluating/designing corporate tax bases!
Relevant to folks pondering/evaluating/designing corporate tax bases!
Reposted by Jake Mortenson
🚨New Predoc Posting Alert!🚨
@koenig-felix.bsky.social and I are looking to hire a full-time predoctoral fellow to work with us on projects about the economics of labor markets and the future work at @carnegiemellon.bsky.social
Please share and/or apply!
apply.interfolio.com/164383
#econ_ra
@koenig-felix.bsky.social and I are looking to hire a full-time predoctoral fellow to work with us on projects about the economics of labor markets and the future work at @carnegiemellon.bsky.social
Please share and/or apply!
apply.interfolio.com/164383
#econ_ra
Apply - Interfolio
{{$ctrl.$state.data.pageTitle}} - Apply - Interfolio
apply.interfolio.com
March 3, 2025 at 6:24 PM
🚨New Predoc Posting Alert!🚨
@koenig-felix.bsky.social and I are looking to hire a full-time predoctoral fellow to work with us on projects about the economics of labor markets and the future work at @carnegiemellon.bsky.social
Please share and/or apply!
apply.interfolio.com/164383
#econ_ra
@koenig-felix.bsky.social and I are looking to hire a full-time predoctoral fellow to work with us on projects about the economics of labor markets and the future work at @carnegiemellon.bsky.social
Please share and/or apply!
apply.interfolio.com/164383
#econ_ra
Reposted by Jake Mortenson
Forthcoming in AEJ: Applied Economics: "Labor Supply and Entertainment Innovations: Evidence From the U.S. TV Rollout" by George Fenton and Felix Koenig. www.aeaweb.org/articles?id=...
Labor Supply and Entertainment Innovations: Evidence From the U.S. TV Rollout
(Forthcoming Article) - We study the impact of entertainment technology on labor supply. Using Social Security
work histories and a natural experiment arising from the regulated U.S. rollout of televi...
www.aeaweb.org
February 24, 2025 at 2:33 PM
Forthcoming in AEJ: Applied Economics: "Labor Supply and Entertainment Innovations: Evidence From the U.S. TV Rollout" by George Fenton and Felix Koenig. www.aeaweb.org/articles?id=...
Reposted by Jake Mortenson
Reminder to submit your papers on topics related to the economics of state and local government finances, fiscal federalism, and related themes by February 27th:
www.nber.org/conferences/...
Conference to be held September 11-12, 2025.
www.nber.org/conferences/...
Conference to be held September 11-12, 2025.
Fiscal Dynamics of State and Local Governments, Fall 2025
www.nber.org
February 22, 2025 at 4:43 PM
Reminder to submit your papers on topics related to the economics of state and local government finances, fiscal federalism, and related themes by February 27th:
www.nber.org/conferences/...
Conference to be held September 11-12, 2025.
www.nber.org/conferences/...
Conference to be held September 11-12, 2025.
Reposted by Jake Mortenson
Present your best public finance research in Dublin ☘️
Theory and empirics welcome, just send us your best work. Keynote from one of best PF economists in Europe, @dinapomeranz.bsky.social. Thanks to support from the Central Bank, UCD, and TCD.
Go to publiceconomics.ie for details on how to submit.
Theory and empirics welcome, just send us your best work. Keynote from one of best PF economists in Europe, @dinapomeranz.bsky.social. Thanks to support from the Central Bank, UCD, and TCD.
Go to publiceconomics.ie for details on how to submit.
February 24, 2025 at 3:48 PM
Present your best public finance research in Dublin ☘️
Theory and empirics welcome, just send us your best work. Keynote from one of best PF economists in Europe, @dinapomeranz.bsky.social. Thanks to support from the Central Bank, UCD, and TCD.
Go to publiceconomics.ie for details on how to submit.
Theory and empirics welcome, just send us your best work. Keynote from one of best PF economists in Europe, @dinapomeranz.bsky.social. Thanks to support from the Central Bank, UCD, and TCD.
Go to publiceconomics.ie for details on how to submit.
Reposted by Jake Mortenson
🚨now out in the Journal of Financial Economics 🚨
“Financial Inclusion Across the United States”
by Moto Yogo, Natalie Cox, and me
https://www.sciencedirect.com/science/article/pii/S0304405X2500011X?dgcid=coauthor
“Financial Inclusion Across the United States”
by Moto Yogo, Natalie Cox, and me
https://www.sciencedirect.com/science/article/pii/S0304405X2500011X?dgcid=coauthor
February 3, 2025 at 9:13 PM
🚨now out in the Journal of Financial Economics 🚨
“Financial Inclusion Across the United States”
by Moto Yogo, Natalie Cox, and me
https://www.sciencedirect.com/science/article/pii/S0304405X2500011X?dgcid=coauthor
“Financial Inclusion Across the United States”
by Moto Yogo, Natalie Cox, and me
https://www.sciencedirect.com/science/article/pii/S0304405X2500011X?dgcid=coauthor
Reposted by Jake Mortenson
Just published in the @jpube.bsky.social:
"How Do Business Owners Respond to a Tax Cut? Examining the 199A Deduction for Pass-through Firms"
By Lucas Goodman, Katherine Lim, Bruce Sacerdote, & @andrew-whitten.bsky.social
www.sciencedirect.com/science/arti... #econsky
"How Do Business Owners Respond to a Tax Cut? Examining the 199A Deduction for Pass-through Firms"
By Lucas Goodman, Katherine Lim, Bruce Sacerdote, & @andrew-whitten.bsky.social
www.sciencedirect.com/science/arti... #econsky
February 23, 2025 at 7:03 PM
Just published in the @jpube.bsky.social:
"How Do Business Owners Respond to a Tax Cut? Examining the 199A Deduction for Pass-through Firms"
By Lucas Goodman, Katherine Lim, Bruce Sacerdote, & @andrew-whitten.bsky.social
www.sciencedirect.com/science/arti... #econsky
"How Do Business Owners Respond to a Tax Cut? Examining the 199A Deduction for Pass-through Firms"
By Lucas Goodman, Katherine Lim, Bruce Sacerdote, & @andrew-whitten.bsky.social
www.sciencedirect.com/science/arti... #econsky
If you’re looking for ways to improve your local school district, this excellent piece of research suggests HVAC improvements as low hanging fruit. [ungated version here]: www.barbarabiasi.com/uploads/1/0/...
February 20, 2025 at 5:40 PM
If you’re looking for ways to improve your local school district, this excellent piece of research suggests HVAC improvements as low hanging fruit. [ungated version here]: www.barbarabiasi.com/uploads/1/0/...
Reposted by Jake Mortenson
Just published in @jpube.bsky.social:
"Correlation in state and local tax changes"
By Scott R. Baker, Pawel Janas, & @lorenzkueng.bsky.social
www.sciencedirect.com/science/arti...
#econsky
"Correlation in state and local tax changes"
By Scott R. Baker, Pawel Janas, & @lorenzkueng.bsky.social
www.sciencedirect.com/science/arti...
#econsky
February 15, 2025 at 4:01 PM
Just published in @jpube.bsky.social:
"Correlation in state and local tax changes"
By Scott R. Baker, Pawel Janas, & @lorenzkueng.bsky.social
www.sciencedirect.com/science/arti...
#econsky
"Correlation in state and local tax changes"
By Scott R. Baker, Pawel Janas, & @lorenzkueng.bsky.social
www.sciencedirect.com/science/arti...
#econsky
Reposted by Jake Mortenson
I’m excited to share a funded year-long PhD student fellowship, combining non-partisan economic policy research & public service at:
- Congressional Budget Office
- Congressional Research Service
- Medicare Payment Advisory Commission
Deadline is Thursday 30 January 2025
- Congressional Budget Office
- Congressional Research Service
- Medicare Payment Advisory Commission
Deadline is Thursday 30 January 2025
December 29, 2024 at 8:46 PM
I’m excited to share a funded year-long PhD student fellowship, combining non-partisan economic policy research & public service at:
- Congressional Budget Office
- Congressional Research Service
- Medicare Payment Advisory Commission
Deadline is Thursday 30 January 2025
- Congressional Budget Office
- Congressional Research Service
- Medicare Payment Advisory Commission
Deadline is Thursday 30 January 2025
Reposted by Jake Mortenson
1/ It's Christmastime, and for a certain elite few that means our thoughts turn to only one thing: the greatest holiday special of all time, 1987's "A Muppet Family Christmas."
And in this THREAD I have a *treat* for all of you, courtesy my family's 1989 VHS recording.
And in this THREAD I have a *treat* for all of you, courtesy my family's 1989 VHS recording.
December 21, 2024 at 2:13 AM
1/ It's Christmastime, and for a certain elite few that means our thoughts turn to only one thing: the greatest holiday special of all time, 1987's "A Muppet Family Christmas."
And in this THREAD I have a *treat* for all of you, courtesy my family's 1989 VHS recording.
And in this THREAD I have a *treat* for all of you, courtesy my family's 1989 VHS recording.
Reposted by Jake Mortenson
What can your advisor do? They almost certainly can't help you with the most competitive places on your list, but they can reach out to places that may have thought you were out of reach and let them know you are gettable.
December 20, 2024 at 1:56 PM
What can your advisor do? They almost certainly can't help you with the most competitive places on your list, but they can reach out to places that may have thought you were out of reach and let them know you are gettable.
Reposted by Jake Mortenson
Was nice to see this from the CBO
www.cbo.gov/publication/...
www.cbo.gov/publication/...
December 4, 2024 at 8:36 PM
Was nice to see this from the CBO
www.cbo.gov/publication/...
www.cbo.gov/publication/...
Reposted by Jake Mortenson
Few people even know about this; when people are asked in surveys how child mortality has changed the majority says it has stagnated or increased.
If you consider that many don't know about humanity's biggest achievement, then it's not surprising that many are so pessimistic about our future.
If you consider that many don't know about humanity's biggest achievement, then it's not surprising that many are so pessimistic about our future.
November 27, 2024 at 6:18 PM
Few people even know about this; when people are asked in surveys how child mortality has changed the majority says it has stagnated or increased.
If you consider that many don't know about humanity's biggest achievement, then it's not surprising that many are so pessimistic about our future.
If you consider that many don't know about humanity's biggest achievement, then it's not surprising that many are so pessimistic about our future.
Reposted by Jake Mortenson
📯 Job Market Paper Alert 📯
Private businesses make up 50% of sales & profits and are the main wealth component of the wealthiest households. So, what is their value? Well, that's difficult, since they're not listed: their value is unobservable by definition!
My #EconJMP tackles this problem 1/
Private businesses make up 50% of sales & profits and are the main wealth component of the wealthiest households. So, what is their value? Well, that's difficult, since they're not listed: their value is unobservable by definition!
My #EconJMP tackles this problem 1/
![Robust Estimation of Private Business Wealth*
Job Market Paper
Simon J. Toussaint†
November 14, 2024
[Most recent version here]
Abstract
Estimating the market value of private businesses is essential for understanding both aggregate firm dynamics and top wealth
inequality, yet these values are inherently unobservable. This paper introduces an econometric approach that treats the gap
between true market values and initial estimates as measurement error. I employ time-series restrictions on these errors as
moment conditions within a GMM framework, and use the fitted values from these estimations as error-free estimates of
private business wealth and capital stocks. Applying this method to Dutch administrative data linking the universe of firms
to their owners, I find that aggregate private business wealth increases by 30% of GDP initially, and is more stable than the
unadjusted series. Top 1% and 0.1% wealth shares increase by 3–5 percentage points, peaking at 38% and 20%, respectively.
Adjusted returns to firm wealth exhibit a steeper gradient across the wealth distribution than unadjusted returns, consistent
with models of return heterogeneity.](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:wus4g34bpbzjefp547irpkeu/bafkreibg34g2k7zwmjqytkllrcxfsj5tnov22hdny74qz7ks5jwa5csbou@jpeg)
November 14, 2024 at 5:17 PM
📯 Job Market Paper Alert 📯
Private businesses make up 50% of sales & profits and are the main wealth component of the wealthiest households. So, what is their value? Well, that's difficult, since they're not listed: their value is unobservable by definition!
My #EconJMP tackles this problem 1/
Private businesses make up 50% of sales & profits and are the main wealth component of the wealthiest households. So, what is their value? Well, that's difficult, since they're not listed: their value is unobservable by definition!
My #EconJMP tackles this problem 1/
Reposted by Jake Mortenson
New theory and empirical work from @katarzynabilicka.bsky.social , Mike Devereux & İrem Güçeri on MNE profit shifting responses to domestic tax rates 🏝️⛴️⬅️💂♂️
www.nber.org/system/files...
www.nber.org/system/files...
November 18, 2024 at 4:50 PM
New theory and empirical work from @katarzynabilicka.bsky.social , Mike Devereux & İrem Güçeri on MNE profit shifting responses to domestic tax rates 🏝️⛴️⬅️💂♂️
www.nber.org/system/files...
www.nber.org/system/files...
This is a thread on academic papers relevant to discussions of potential U.S. tax policy changes. Will be adding to it periodically. Please feel free to send suggestions.
But first here is a list of expiring provisions between now and 2034, compiled by JCT: www.jct.gov/publications...
[1/n]
But first here is a list of expiring provisions between now and 2034, compiled by JCT: www.jct.gov/publications...
[1/n]
JCX-1-24
www.jct.gov
November 13, 2024 at 2:43 AM
This is a thread on academic papers relevant to discussions of potential U.S. tax policy changes. Will be adding to it periodically. Please feel free to send suggestions.
But first here is a list of expiring provisions between now and 2034, compiled by JCT: www.jct.gov/publications...
[1/n]
But first here is a list of expiring provisions between now and 2034, compiled by JCT: www.jct.gov/publications...
[1/n]