A new CEPR study by Marius Brülhart, Jonathan Gruber, Matthias Krapf and Kurt Schmidheiny analyses how reported wealth responds to changes in wealth tax rates using rich intra-national variation in Switzerland, the country with the highest revenue share of annual wealth taxation in the OECD.

This year’s Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to three CEPR Fellows: Abhijit Banerjee, Esther Duflo and Michael Kremer, for their experimental approach to alleviating global poverty.