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Pietro Valetto

@pietrovaletto.bsky.social
208 followers 467 following 75 posts

From 🇪🇺🇮🇹 PhD Researcher @Uantwerpen Wealth inequality and Asset Poverty Economics Author @Will_ita 👇My Newsletter ineqpietro.substack.com

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Reposted by Pietro Valetto
VoxEU @ CEPR @voxeu.org · 03/03/2025
Less income #inequality between #EU states is driven by labour incomes in lower-income countries. A more centralised fiscal framework can play a crucial role in shaping EU-wide inequality. @stefanofilauro.bsky.social @zparolin.bsky.social @pietrovaletto.bsky.social cepr.org/voxeu/column... #EconSky
A bar graph of inequality in the EU showing decomposition by country, post-tax/transfer income in 2007 and 2019. Within-country inequality rises between 2007-2019 while between-country inequality falls.

Between 2007 and 2019, inequality within many EU countries increased, while inequality between countries declined. This column examines these seemingly contradictory trends, as well as the role played by market inequality and redistribution. Most of the progress has been driven by rising labour incomes in lower-income countries. Changes in employment, education, and demographics had a minor impact on reducing inequality. By more effectively targeting disadvantaged regions and vulnerable groups, cohesion policy can help counteract rising within-country inequality. A harmonised tax transfer system across countries or a more centralised fiscal framework can play a crucial role in shaping EU-wide inequality.
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Reposted by Pietro Valetto
FEPS Europe @feps-europe.eu · 10/02/2025
💸FEPS has joined BlueSky! Social media must be a public digital space where individuals cohabit respectfully. As a think tank, it is crucial that we promote progressive empirical evidence to better our society in a diverse range of digital spaces. Follow us to keep up-to-date! 🦋
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Pietro Valetto @pietrovaletto.bsky.social · 04/02/2025
#Elon wants to “Make Europe Great Again”. I know a man with a plan… #DraghiReport #EUSky
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Reposted by Pietro Valetto
Janet Gornick @janetgornick.bsky.social · 03/02/2025
PAA & the Association of Population Centers call for re-opening access to crucial #data, to enable research on health and wellbeing. Blocking these data is nonsensical. We researchers must not surrender. This is a time to make good trouble. @stone-lis.bsky.social @thegraduatecenter.bsky.social
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Pietro Valetto @pietrovaletto.bsky.social · 04/02/2025
🇺🇳Abolishing #USAID will be the final nail in the coffin of the #UnitedNations Sustainable Development Goals. 🌍I can’t believe this is what the world has come to…
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Pietro Valetto @pietrovaletto.bsky.social · 04/02/2025
I’m in the @europarl.europa.eu today to listen to the Socialists & Democrats’ solutions to “Capital and Wealth Taxation” #EconSky #EUsky @feps-europe.eu @socialistsanddemocrats.eu
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Reposted by Pietro Valetto
morellisal.bsky.social @morellisal.bsky.social · 08/01/2025
The GC Wealth Project has launched an updated version of its data warehouse! Key improvements: new data concepts, new sources, and expanded coverage of regions, countries, and time periods. Discover all the updates: wealthproject.gc.cuny.edu/news/article...
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Janet Gornick @janetgornick.bsky.social · 15/01/2025
Hello LIS! Welcome to Bluesky! Welcome from your/our friends at the GC-CUNY Stone Center!🍎 @stone-lis.bsky.social @thegraduatecenter.bsky.social
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Pietro Valetto @pietrovaletto.bsky.social · 31/01/2025
🤔 It might be a good idea to condense it into an actionable playbook for #progressive policymakers. But first I need to finish it 🥲 #EconSky @josephestiglitz.bsky.social
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Pietro Valetto @pietrovaletto.bsky.social · 31/01/2025
📖I’m truly enjoying @josephestiglitz.bsky.social’s new book. It’s very elegant in its dissection of the failure of “free” markets and its proposals for a new progressive vision of government’s role in the economy. #econtwitter
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Pietro Valetto @pietrovaletto.bsky.social · 29/01/2025
I was today years old when I learned that my local #coffee shop is selling me espresso at a loss. Coffee prices are +300% since 2020 and a coffee is still €1.2. Their bet is to lose money on coffee but win big when I land on the pastry display. So far it's payed off 90% of the time. #EconSky
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Pietro Valetto @pietrovaletto.bsky.social · 26/01/2025
Two unedited #streetphotography shots from a perfect weekend in #Paris.
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Pietro Valetto @pietrovaletto.bsky.social · 21/01/2025
Wow it wasn't all a dream 1459 days to go
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Pietro Valetto @pietrovaletto.bsky.social · 20/01/2025
Thank you @danpfeiffer.bsky.social I really needed to hear this today
Obama quote about hope
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Pietro Valetto @pietrovaletto.bsky.social · 20/01/2025
Are we ready for the four longest years of our lives? #Trump
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Pietro Valetto @pietrovaletto.bsky.social · 20/01/2025
There's something magical about the fact that the #WorldEconomicForum is starting the same day as #Trump is sworn back into office.
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Pietro Valetto @pietrovaletto.bsky.social · 20/01/2025
The longest four years of our lives start today! #USA #Trump
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Pietro Valetto @pietrovaletto.bsky.social · 15/01/2025
The External Revenue Services which will collect tariffs from domestic sources…
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Pietro Valetto @pietrovaletto.bsky.social · 15/01/2025
First Opinion piece, courtesy of @euobserver.com Let me know what you think! #EuropeanUnion #EUBubble
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Pietro Valetto @pietrovaletto.bsky.social · 15/01/2025
No one really wants to #TaxTheRich... In my debut #Opinion piece ( @euobserver.com ) I discuss how the recent failure of the "Tax the Rich" petition shows current #progressive parties are all bark and no bite. #Inequality #EuropeanUnion #EUBubble
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Pietro Valetto @pietrovaletto.bsky.social · 15/01/2025
Personally I agree we need more #housing, but am skeptical about endorsing a "build, baby build" approach. Need to assure it's sustainable (urban density > sprawl) and equitable. TLDR: Supply matters and we need more homes but so does their distribution and environmental impact. #EconSky #YIMBY
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Pietro Valetto @pietrovaletto.bsky.social · 13/01/2025
Which #Economics related #podcast or #newsletter have you recommended to a friend time and time again? #Econsky
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Pietro Valetto @pietrovaletto.bsky.social · 13/01/2025
#Brussels Season 2.0 - Morning run around an icy Flagey - #WFH because of the National strike - Will spend lunch unpacking the new apartment
Picture of the lake near flagey in Brussels which has partially been frozen by the cold temperatures
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Pietro Valetto @pietrovaletto.bsky.social · 07/01/2025
🚀First publication alert! Our paper “What Explains Recent Trends in Income Inequality in the European Union?”, has been published in the Journal of Economic Inequality. TLDR: Convergence + Divergence ⬇️EU Level Inequality ⬆️Inequality within Member States #EconSky link.springer.com/article/10.1...
link.springer.com
What explains recent trends in income inequality in the European Union? - The Journal of Economic Inequality
We investigate trends in income inequality in the European Union (EU) from 2007 to 2019. Using EU-SILC data, we find that EU-wide inequality declined between 9 and 20%, depending on the inequality mea...
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Pietro Valetto @pietrovaletto.bsky.social · 26/12/2024
My favorite #Xmas tradition. Guests leave just in time for Christmas at the Garden and I’m cracking open a newly gifted book in the commercial break. #Knicks
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Pietro Valetto @pietrovaletto.bsky.social · 04/12/2024
My #SpotifyWrapped taught me I listen to way more Chappell Roan than I originally thought. Pleasantly surprised.
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Pietro Valetto @pietrovaletto.bsky.social · 04/12/2024
Any other europhiles on #bluesky? #europeanunion
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Pietro Valetto @pietrovaletto.bsky.social · 02/12/2024
Every now and then I see folks asking @hankgreen.bsky.social to run for office. While Senator Green sounds amazing, I think his current work in social entrepreneurship & education creates more positive change than any one member of Congress could ever achieve single handedly. Thoughts? 🤔
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Reposted by Pietro Valetto
Max Berger @maxberger.bsky.social · 02/12/2024
This is a little bit of a joke, but I kinda think the solution to the problem of educational polarization is free college for all.
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Pietro Valetto @pietrovaletto.bsky.social · 02/12/2024
Happy #Monday from Brussels! What are you looking forward to in #December?
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Pietro Valetto @pietrovaletto.bsky.social · 02/12/2024
Why do working-class families pay more #taxes filling up their car to get to work and take their kids to school than #billionaires do for their #privatejet flights or #yacht excursions to their exclusive vacation spots? We should #TaxLuxuryEmissions as proposed by @shelley-w.bsky.social
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Pietro Valetto @pietrovaletto.bsky.social · 02/12/2024
👋 Hello #BlueSky! I guess it’s time to introduce myself to this new world. Nice to meet you, my name is Pietro…
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Matthew Yglesias @mattyglesias.bsky.social · 30/11/2024
A lot of stuff flows downstream from the aspiration to create a Nordic-scale welfare state without Nordic-style taxation.
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Lauren Bauer @laurenhlb.bsky.social · 18/11/2024
SNAP work requirements fail to increase employment. Just plain getting on SNAP does improve labor market outcomes. www.hamiltonproject.org/publication/... #EconSky
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