Simon Toussaint
@simontoussaint.nl
PhD in Economics, Utrecht School of Economics | Dynamics of wealth concentration | Macro + (Public) Finance + Econ History | Cellist and Baritone
www.simontoussaint.nl
www.simontoussaint.nl
Voor @leenders.bsky.social en mijzelf -- en met ons vele anderen -- was Nico Wilterdink een grote inspiratie, een pionier in het onderzoek naar de vermogensverdeling in Nederland. Nico gaf ons onderzoek veel steun en advies.
Met Wouter & Johan Heilbron schreef ik een In Memoriam in @esb.nu:
Met Wouter & Johan Heilbron schreef ik een In Memoriam in @esb.nu:
Afgelopen maart overleed de socioloog Nico Wilterdink. Zijn proefschrift en latere onderzoek blijven een inspiratie voor economen en sociologen die onderzoek doen naar vermogen en ongelijkheid.
Voor @esb.nu schreven @simontoussaint.nl, Johan Heilbron en ik een In Memoriam.
esb.nu/in-memoriam-...
Voor @esb.nu schreven @simontoussaint.nl, Johan Heilbron en ik een In Memoriam.
esb.nu/in-memoriam-...
In memoriam Nico Wilterdink: Onderzoekspionier van vermogensongelijkheid - ESB
Afgelopen 31 maart overleed Nico Wilterdink, emeritus hoogleraar sociologie aan de Universiteit van Amsterdam (UvA). Wilterdink schreef als een van de meest gezaghebbende vertegenwoordigers van de Am...
esb.nu
June 13, 2025 at 2:33 PM
Voor @leenders.bsky.social en mijzelf -- en met ons vele anderen -- was Nico Wilterdink een grote inspiratie, een pionier in het onderzoek naar de vermogensverdeling in Nederland. Nico gaf ons onderzoek veel steun en advies.
Met Wouter & Johan Heilbron schreef ik een In Memoriam in @esb.nu:
Met Wouter & Johan Heilbron schreef ik een In Memoriam in @esb.nu:
Ik was te gast in het NTR-programma Focus om over superrijken te praten (samen met Arjan Lejour, @ingridrobeyns.bsky.social en @danielwaldenstrom.bsky.social), leuk ook om mijn limousinedebuut te maken :) Veel kijkplezier!
www.youtube.com/watch?v=Gc4S...
www.youtube.com/watch?v=Gc4S...
Wanneer ben je te rijk?
YouTube video by NTR Wetenschap
www.youtube.com
May 14, 2025 at 5:22 PM
Ik was te gast in het NTR-programma Focus om over superrijken te praten (samen met Arjan Lejour, @ingridrobeyns.bsky.social en @danielwaldenstrom.bsky.social), leuk ook om mijn limousinedebuut te maken :) Veel kijkplezier!
www.youtube.com/watch?v=Gc4S...
www.youtube.com/watch?v=Gc4S...
Successfully defended my PhD on the wealth distribution! Many thanks to my supervisors, the committee (@basjacobs.bsky.social, @danielwaldenstrom.bsky.social @cmtneztt.bsky.social et al), my paranymphs and all who attended!
My dissertation can be found here: research-portal.uu.nl/en/publicati...
My dissertation can be found here: research-portal.uu.nl/en/publicati...
February 16, 2025 at 3:04 PM
Successfully defended my PhD on the wealth distribution! Many thanks to my supervisors, the committee (@basjacobs.bsky.social, @danielwaldenstrom.bsky.social @cmtneztt.bsky.social et al), my paranymphs and all who attended!
My dissertation can be found here: research-portal.uu.nl/en/publicati...
My dissertation can be found here: research-portal.uu.nl/en/publicati...
Komende Valentijnsdag verdedig ik mijn proefschrift! Ik besprak met wilco dekker een aantal belangrijke bevindingen. Wie de verdediging (digitaal) wil bijwonen, vinde de nodige informatie hier: www.uu.nl/agenda/promo...
Vermogenskloof nog groter dan gedacht, stelt econoom: ‘Rijkste 1 procent heeft 30 procent in handen’
Vermogenskloof nog groter dan gedacht, stelt econoom: ‘Rijkste 1 procent heeft 30 procent in handen’
De vermogenskloof is nog groter dan gedacht, stelt een promotieonderzoek. De rijkste 1 procent bezit 30 procent van het totaal, vooral door de waarde van hun bv’s. Daarmee zit Nederland in de internationale top van vermogensongelijkheid.
www.volkskrant.nl
February 6, 2025 at 5:45 PM
Komende Valentijnsdag verdedig ik mijn proefschrift! Ik besprak met wilco dekker een aantal belangrijke bevindingen. Wie de verdediging (digitaal) wil bijwonen, vinde de nodige informatie hier: www.uu.nl/agenda/promo...
Reposted by Simon Toussaint
Auschwitz was at the end of a long process. It did not start from gas chambers.
This hatred was gradually developed by humans. From ideas, words, stereotypes & prejudice through legal exclusion, dehumanization & escalating violence... to systematic and industrial murder.
Auschwitz took time.
This hatred was gradually developed by humans. From ideas, words, stereotypes & prejudice through legal exclusion, dehumanization & escalating violence... to systematic and industrial murder.
Auschwitz took time.
January 27, 2025 at 10:00 AM
Auschwitz was at the end of a long process. It did not start from gas chambers.
This hatred was gradually developed by humans. From ideas, words, stereotypes & prejudice through legal exclusion, dehumanization & escalating violence... to systematic and industrial murder.
Auschwitz took time.
This hatred was gradually developed by humans. From ideas, words, stereotypes & prejudice through legal exclusion, dehumanization & escalating violence... to systematic and industrial murder.
Auschwitz took time.
Reposted by Simon Toussaint
I did a NYT video interview—along with voices from Hungary, Nicaragua, and Russia— about how repression works in authoritarian states.
www.nytimes.com/video/opinio...
www.nytimes.com/video/opinio...
Video: Opinion | How Tyranny Begins
Tyranny doesn’t happen overnight. Take it from the people who missed the first signs.
www.nytimes.com
January 22, 2025 at 1:16 PM
I did a NYT video interview—along with voices from Hungary, Nicaragua, and Russia— about how repression works in authoritarian states.
www.nytimes.com/video/opinio...
www.nytimes.com/video/opinio...
Mijn lezing van het RvS-advies over Box 3 is dat er wel degelijk van alles mogelijk is, bijvoorbeeld een vermogensbelasting en zelfs forfaitair rendement is niet uitgesloten. Wel moet vermogen(sinkomen) integraal worden belast. Dat lijkt mij een uitstekend advies.
www.raadvanstate.nl/adviezen/@14...
www.raadvanstate.nl/adviezen/@14...
Wet werkelijk rendement box 3.
Voorgestelde box 3-stelsel heeft ingrijpende gevolgen voor burgers en BelastingdienstEr kleven zwaarwegende bezwaren aan het box 3-stelsel dat de regering voorstelt, onder andere op het gebied van de ...
www.raadvanstate.nl
December 4, 2024 at 1:08 PM
Mijn lezing van het RvS-advies over Box 3 is dat er wel degelijk van alles mogelijk is, bijvoorbeeld een vermogensbelasting en zelfs forfaitair rendement is niet uitgesloten. Wel moet vermogen(sinkomen) integraal worden belast. Dat lijkt mij een uitstekend advies.
www.raadvanstate.nl/adviezen/@14...
www.raadvanstate.nl/adviezen/@14...
Nu ook met @esbeconomie.bsky.social en @mariekeblom.bsky.social!
I made a list of Dutch economists. Nice to follow for:
- journos (@marikestellinga.bsky.social, @mathijsbouman.nl etc)
- policy ( @wbcs99twit.bsky.social, @lukkezen.bsky.social)
- academics ( @robertdur.bsky.social, @basvdklaauw.bsky.social)
DM me if you want to be added!
bsky.app/profile/did:...
- journos (@marikestellinga.bsky.social, @mathijsbouman.nl etc)
- policy ( @wbcs99twit.bsky.social, @lukkezen.bsky.social)
- academics ( @robertdur.bsky.social, @basvdklaauw.bsky.social)
DM me if you want to be added!
bsky.app/profile/did:...
November 25, 2024 at 10:43 AM
Nu ook met @esbeconomie.bsky.social en @mariekeblom.bsky.social!
Reposted by Simon Toussaint
Mensen - als je van dit platform een succes wilt maken, wees dan interactief. Like, repost, reageer en nodig anderen uit.
Er zijn hier minder mensen dan op X en als dat zo blijft dan zal dit platform het niet redden.
Maar door extra veel engagement kan het omslaan.
Er zijn hier minder mensen dan op X en als dat zo blijft dan zal dit platform het niet redden.
Maar door extra veel engagement kan het omslaan.
November 22, 2024 at 2:09 PM
Mensen - als je van dit platform een succes wilt maken, wees dan interactief. Like, repost, reageer en nodig anderen uit.
Er zijn hier minder mensen dan op X en als dat zo blijft dan zal dit platform het niet redden.
Maar door extra veel engagement kan het omslaan.
Er zijn hier minder mensen dan op X en als dat zo blijft dan zal dit platform het niet redden.
Maar door extra veel engagement kan het omslaan.
By popular demand, here is a Starter Pack: go.bsky.app/NRXmLUs
Use the list as a feed in your timeline, use the Starter Pack to follow all economists
DM me if you want to be added to the list and Starter Pack
Use the list as a feed in your timeline, use the Starter Pack to follow all economists
DM me if you want to be added to the list and Starter Pack
I made a list of Dutch economists. Nice to follow for:
- journos (@marikestellinga.bsky.social, @mathijsbouman.nl etc)
- policy ( @wbcs99twit.bsky.social, @lukkezen.bsky.social)
- academics ( @robertdur.bsky.social, @basvdklaauw.bsky.social)
DM me if you want to be added!
bsky.app/profile/did:...
- journos (@marikestellinga.bsky.social, @mathijsbouman.nl etc)
- policy ( @wbcs99twit.bsky.social, @lukkezen.bsky.social)
- academics ( @robertdur.bsky.social, @basvdklaauw.bsky.social)
DM me if you want to be added!
bsky.app/profile/did:...
November 22, 2024 at 1:41 PM
By popular demand, here is a Starter Pack: go.bsky.app/NRXmLUs
Use the list as a feed in your timeline, use the Starter Pack to follow all economists
DM me if you want to be added to the list and Starter Pack
Use the list as a feed in your timeline, use the Starter Pack to follow all economists
DM me if you want to be added to the list and Starter Pack
Reposted by Simon Toussaint
Bas Jacobs - De economische gevolgen van Trump - EW Magazine: www.ewmagazine.nl/buitenland/a...
Inloggen
www.ewmagazine.nl
November 22, 2024 at 10:11 AM
Bas Jacobs - De economische gevolgen van Trump - EW Magazine: www.ewmagazine.nl/buitenland/a...
I made a list of Dutch economists. Nice to follow for:
- journos (@marikestellinga.bsky.social, @mathijsbouman.nl etc)
- policy ( @wbcs99twit.bsky.social, @lukkezen.bsky.social)
- academics ( @robertdur.bsky.social, @basvdklaauw.bsky.social)
DM me if you want to be added!
bsky.app/profile/did:...
- journos (@marikestellinga.bsky.social, @mathijsbouman.nl etc)
- policy ( @wbcs99twit.bsky.social, @lukkezen.bsky.social)
- academics ( @robertdur.bsky.social, @basvdklaauw.bsky.social)
DM me if you want to be added!
bsky.app/profile/did:...
November 22, 2024 at 9:32 AM
I made a list of Dutch economists. Nice to follow for:
- journos (@marikestellinga.bsky.social, @mathijsbouman.nl etc)
- policy ( @wbcs99twit.bsky.social, @lukkezen.bsky.social)
- academics ( @robertdur.bsky.social, @basvdklaauw.bsky.social)
DM me if you want to be added!
bsky.app/profile/did:...
- journos (@marikestellinga.bsky.social, @mathijsbouman.nl etc)
- policy ( @wbcs99twit.bsky.social, @lukkezen.bsky.social)
- academics ( @robertdur.bsky.social, @basvdklaauw.bsky.social)
DM me if you want to be added!
bsky.app/profile/did:...
It's a great conference so far! Great keynote by @fabianpfeffer.bsky.social, looking forward to @dynarski.bsky.social's keynote tomorrow.
In Vienna where
@franziskadbacher.bsky.social just kicked off an all-star workshop on Wealth Inequality, Intergenerational Mobility, and Equality of Opportunity. 2 exciting days ahead!
@franziskadbacher.bsky.social just kicked off an all-star workshop on Wealth Inequality, Intergenerational Mobility, and Equality of Opportunity. 2 exciting days ahead!
November 21, 2024 at 3:44 PM
It's a great conference so far! Great keynote by @fabianpfeffer.bsky.social, looking forward to @dynarski.bsky.social's keynote tomorrow.
Reposted by Simon Toussaint
How worried are you about the U.S. economic outlook in light of the current policy proposals and appointments?
1️⃣ <a href="https://poll.blue/p/TseYWB/1" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">Not worried
2️⃣ <a href="https://poll.blue/p/TseYWB/2" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">Somewhat worried
3️⃣ <a href="https://poll.blue/p/TseYWB/3" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">Worried
4️⃣ <a href="https://poll.blue/p/TseYWB/4" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">Very worried
📊 Show results
1️⃣ <a href="https://poll.blue/p/TseYWB/1" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">Not worried
2️⃣ <a href="https://poll.blue/p/TseYWB/2" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">Somewhat worried
3️⃣ <a href="https://poll.blue/p/TseYWB/3" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">Worried
4️⃣ <a href="https://poll.blue/p/TseYWB/4" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">Very worried
📊 Show results
November 19, 2024 at 1:53 PM
How worried are you about the U.S. economic outlook in light of the current policy proposals and appointments?
1️⃣ <a href="https://poll.blue/p/TseYWB/1" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">Not worried
2️⃣ <a href="https://poll.blue/p/TseYWB/2" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">Somewhat worried
3️⃣ <a href="https://poll.blue/p/TseYWB/3" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">Worried
4️⃣ <a href="https://poll.blue/p/TseYWB/4" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">Very worried
📊 Show results
1️⃣ <a href="https://poll.blue/p/TseYWB/1" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">Not worried
2️⃣ <a href="https://poll.blue/p/TseYWB/2" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">Somewhat worried
3️⃣ <a href="https://poll.blue/p/TseYWB/3" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">Worried
4️⃣ <a href="https://poll.blue/p/TseYWB/4" class="hover:underline text-blue-600 dark:text-sky-400 no-card-link" target="_blank" rel="noopener" data-link="bsky">Very worried
📊 Show results
Post a picture you took (no description) to bring some zen to the timeline
November 17, 2024 at 4:42 PM
Post a picture you took (no description) to bring some zen to the timeline
📯 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 Simon Toussaint
Hi #econsky, my department is on the market for a full professor. The field is broadly applied with a focus on development/gender/migration/environmental.
Please help me spread this as widely as possible, and I’m happy to answer questions informally.
www.academictransfer.com/en/346598/fu...
Please help me spread this as widely as possible, and I’m happy to answer questions informally.
www.academictransfer.com/en/346598/fu...
Full Professor Global Economic Challenges and Development
USE is expanding in Global Economic Challenges and development with the appointment of a new Chair to strengthen its education and research in these fields.
www.academictransfer.com
November 12, 2024 at 8:35 AM
Hi #econsky, my department is on the market for a full professor. The field is broadly applied with a focus on development/gender/migration/environmental.
Please help me spread this as widely as possible, and I’m happy to answer questions informally.
www.academictransfer.com/en/346598/fu...
Please help me spread this as widely as possible, and I’m happy to answer questions informally.
www.academictransfer.com/en/346598/fu...
Reposted by Simon Toussaint
Took me a while to make the jump
November 7, 2024 at 4:49 PM
Took me a while to make the jump
Happy to be in Stockholm, presenting my paper "Robust Estimation of Private Business Wealth" tomorrow at the IFN! #EconSky
Very special to catch a Yo-Yo Ma concert this evening, finally seeing him live!
Very special to catch a Yo-Yo Ma concert this evening, finally seeing him live!
November 3, 2024 at 8:30 PM
Happy to be in Stockholm, presenting my paper "Robust Estimation of Private Business Wealth" tomorrow at the IFN! #EconSky
Very special to catch a Yo-Yo Ma concert this evening, finally seeing him live!
Very special to catch a Yo-Yo Ma concert this evening, finally seeing him live!
@florianederer.bsky.social thought you might enjoy this (I found the analysis a bit contrived at times but it's a nice attempt) www.theguardian.com/music/2024/o...
Groping, greed and the lust for great power: what Wagner’s Ring Cycle tells us about Trump v Harris
US politics may lack swords and spears, dragons and talking birds, but Wagner’s tale of money, power, rivalry and grudges still carries striking parallels with the US elections
www.theguardian.com
October 28, 2024 at 4:13 PM
@florianederer.bsky.social thought you might enjoy this (I found the analysis a bit contrived at times but it's a nice attempt) www.theguardian.com/music/2024/o...
Reposted by Simon Toussaint
I am deeply honored to have been awarded the Nobel Prize in economics for 2024, together with my friends and colleagues Simon Johnson and James Robinson.
pune.news/trending/nob...
pune.news/trending/nob...
Nobel Prize in Economics 2024: Honoring Pioneers in Institutional Research - PUNE.NEWS
2024 Nobel Prize in Economic Sciences Awarded to Daron Acemoglu, Simon Johnson, and James A. Robinson The Royal…
pune.news
October 17, 2024 at 2:57 PM
I am deeply honored to have been awarded the Nobel Prize in economics for 2024, together with my friends and colleagues Simon Johnson and James Robinson.
pune.news/trending/nob...
pune.news/trending/nob...