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@marcoranaldi.bsky.social
Assistant Professor of Economics at UCL and Director of UCL CNET Political Economy | Capitalism | Inequality | Fractals | Sampling Website: mranaldi.com Music: mranaldi.com/music
๐ขOne week to go!
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L'ultimo Rapporto Povertร di Caritas Italiana ospita anche un mio saggio, con Giacomo Gabbuti.
Parliamo delle disuguaglianze esistenti e del come e perchรฉ occuparsene. Felici di aver ospitato la presentazione all'universitร Roma Tre.
La registrazione completa๐
www.youtube.com/watch?v=t5ht...
My colleagues are organizing a workshop on
*AI for economic research*
next March.
Paper submission is open now!
icms.ac.uk/activities/w...
[Music] My new piano composition Citรฉ is out now and available on Spotify โบ๏ธ
Cover art: Fabio Ranaldi
Sound engineering: Beatrice Balagna
Production: Elena Butti
Our speaker this week is @robertoiacono.org (NTNU), who is currently visiting our Department of Economics @unipisa.bsky.social and presents "Capital and Labor Income Mobility", joint with @marcoranaldi.bsky.social and @joelliambuehler.bsky.social . www.ec.unipi.it/eventi/rober... #econsky #seminar
11.11.2025 23:50 โ ๐ 6 ๐ 3 ๐ฌ 0 ๐ 0JOB OPPORTUNITY: Post Doctoral Research Associate in the Economics of Technological Change (2yr) โต https://www.inet.ox.ac.uk/vacancies
Join the @oxmartinschool.bsky.socialย Prog. on Forecasting Technological Change, led byย @francoislafond.bsky.socialย ,ย @doynefarmer.bsky.socialย &ย @maxroser.bsky.social
Does #equality promote #inclusion and #productivity, or hinder #growthโ
๐ดOur new study revisits this long-running debate โ finding a strong positive link between equality and development over the long run.
Read moreโถ๏ธ wid.world/news-article...
๐ข Event Announcement!
Join us on December 3rd afternoon at Kingโs College London for our upcoming London Inequality Workshop.
Weโll have three excellent speakers, followed by informal drinks nearby!
โ
Planning to attend? Please register here: tinyurl.com/LINWorkshop12
Average tax rates in the US in 2019 as a share of wealth. Tax declines from 30% for percentile 20 to 4% for the top wealth percentile.
Two points missing in recent Wealth Tax debates:
- If we measure total taxes as a % of wealth (not income), the system is highly regressive
- The wealthiest pay 3%-4% of their wealth annually in taxes. Wealth Tax shouldn't be seen as starting from zero (see US data from @gabrielzucman.bsky.social)
Two weeks! Apply by Nov. 3 to our postdoctoral scholars program. Two positions starting in Aug. 2026: one focused on #mobility and #poverty, the other on #wealth and/or wealth inequality. Learn more at the link below!
#EconSky #Sociology #PoliSciSky
๐จPublic service announcement:๐จ
Only 2 weeks until the official launch event for "The means of prediction" on Nov 3,
incl discussion with Noam Yuchtman, music, and bar.
Get your free tickets here:
www.eventbrite.co.uk/o/reference-...
& your copy of the book here:
press.uchicago.edu/ucp/books/bo...
Revue de l'OFCE nยฐ 190 : Thรฉorie de la rรฉgulation
www.ofce.sciences-po.fr/publications...
Labor income tends to lift individuals up the distribution โ through life-cycle and human capital dynamics โ while capital income, more volatile and concentrated, is often linked to downward shifts.
07.10.2025 13:10 โ ๐ 3 ๐ 0 ๐ฌ 0 ๐ 0Key findings:โจ
๐น Measures of capital and labor mobility differ across metrics;โจ
๐น Upward mobility is mainly driven by labor income (and joint upward moves);
โจ๐น Downward mobility stems mostly from capital income (and joint downward moves).
We introduce a new framework that decomposes total income mobility into its labor and capital components across the life cycle โ covering nearly 300,000 individuals.
07.10.2025 13:10 โ ๐ 3 ๐ 0 ๐ฌ 1 ๐ 0Pleased to see our new paper finally out!
Together with joรซl bรผhler and Roberto Iacono, we study income mobility dynamics in Norway using 26 years of high-quality register data.
Main result: upward mobility is primarily driven by labor income โ and almost never by capital alone. (1/4)
Variations on Knuth's Twindragon
Made with #python #numpy #matplotlib
The real job market prep is learning to explain why your research matters in under 30 seconds to someone whoโs looking at their phone
28.07.2025 09:36 โ ๐ 43 ๐ 7 ๐ฌ 1 ๐ 0Great post by @brankomilan.bsky.social on Compositional vs. Income Ineq, highlighting @marcoranaldi.bsky.social's role in developing this novel concept. Regarding the high CI in the Nordics, @elisapalagi.bsky.social & I in our BEJEAP paper (doi.org/10.1515/beje...) have another interpretation..(1/n)
27.07.2025 20:09 โ ๐ 6 ๐ 1 ๐ฌ 1 ๐ 0Just read @brankomilan.bsky.social's latest on income & compositional inequality. One more point: if AI pushes up the capital share by replacing jobs across skill levels, reducing compositional inequality can help capital complement laborโand prevent income inequality from rising๐
27.07.2025 11:19 โ ๐ 4 ๐ 3 ๐ฌ 0 ๐ 0My today's Substack:
New Capitalism in America
Richest capitalists and richest workers are increasingly the same people
branko2f7.substack.com/p/new-capita...
New essay from my month at @ieadeparis.bsky.social where I explore compositional inequality in K and L and its links to capitalismโs big challenges (climate, politics, technology, inequality). Plus, a fresh take on Michal Kaleckiโs full-employment argument:
paris.pias.science/article/capi...
๐ขWe're hiring: Lecturer (Teaching) in Economics & Business.
This is an exciting opportunity for an experienced & skilled educator to specialise in the teaching and assessment of Economics & Business with a focus on Eastern European countries.
Apply by 21 July
See more: bit.ly/4l9L4wA
Thrilled to have visited Siegen this weekโdiscussed my joint work with @brankomilan.bsky.social with MA students and presented my current research with Roberto Iacono & Joรซl Bรผhler on capital and labor income mobility (paper out soon). Thanks a lot, @svenjafl.bsky.social, for the kind invitation!
04.07.2025 08:27 โ ๐ 5 ๐ 2 ๐ฌ 0 ๐ 0ahahahahaha (still laughing)
28.06.2025 11:54 โ ๐ 1 ๐ 0 ๐ฌ 0 ๐ 0Colonial extraction and unequal exchange have shaped two centuries of North-South inequality.
A thread on the new study written with @gatonievas.bsky.social
[A thread 1/8๐งต]
Rethinking how the state imagined, practiced and evaluated is at the heart of @iipp-ucl.bsky.socialโฌ's mission. Join us for our annual #RethinkingTheState Forum (18-20 June).
Learn more โก๏ธ www.ucl.ac.uk/bartlett/pub...
For the first time ever, China's COโ emissions are falling due to clean energy growth, rather than reduced power demand.
16.05.2025 07:57 โ ๐ 213 ๐ 51 ๐ฌ 2 ๐ 1Distributional varieties of capitalism through the conceptualization and measurement of compositional inequality. What do we know, and whatโs next?
New open-access paper out now in ROPE๐
Link: shorturl.at/WDT20
๐ข #CallForPapers Annual Research #Conference of the CAS "Finance and Inequality"
The Center for Advanced Studies at the University of Bonn invites submissions for its annual conference.
Deadline: 25 April, 2025
More information: cepr.org/events/annua...
#EconSky