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Pau Belda Profile picture
Pau Belda
@pauism
Economist at the @federalreserve Board. Only personal views.
Nov 29, 2022 • 10 tweets • 5 min read
I've written a paper to show that part of the US’s financial turbulences witnessed since the 1980s are due to the fall in the Capital Gains Tax (CGT).

Without tax cuts, this is what would've happened 👇

Do you want to know why?

🧵 [1/10].

#EconTwitter #Econjobmarket First, let me introduce the animal. It is my #Jobmarketpaper, written under the supervision of Prof. Albert Marcet at @IDEA_UAB, @CREIResearch, @bse_barcelona.

You can find it here: pau-belda.eu/wp-content/upl…
[2/10]