Wesley Stubenbord
@wesleystubenbord.bsky.social
Sociology PhD candidate at Cornell, studying wealth inequality and elites.
www.wesleystubenbord.com
www.wesleystubenbord.com
Pinned
Billionaire Migration: An Interactive Map
An interactive map of city-level migration flows for 3,106 billionaires from birth to most recent residence.
wesleystubenbord.com
New from me:
An interactive data visualization showing billionaire migration: paths from birthplace to most recent residence for > 3,100 of the world’s richest individuals.
Most importantly, fun to play around with; also, useful for thinking about q's re: elites and comparative wealth ineq. 1/5
An interactive data visualization showing billionaire migration: paths from birthplace to most recent residence for > 3,100 of the world’s richest individuals.
Most importantly, fun to play around with; also, useful for thinking about q's re: elites and comparative wealth ineq. 1/5
Reposted by Wesley Stubenbord
🚨New working paper 🚨 – Saving Rate Heterogeneity across the Wealth Distribution in the United States
Using PSID data (2001–2021), I provide mobility-consistent estimates of saving rates across the U.S. wealth distribution.
Using PSID data (2001–2021), I provide mobility-consistent estimates of saving rates across the U.S. wealth distribution.
December 15, 2025 at 10:42 AM
🚨New working paper 🚨 – Saving Rate Heterogeneity across the Wealth Distribution in the United States
Using PSID data (2001–2021), I provide mobility-consistent estimates of saving rates across the U.S. wealth distribution.
Using PSID data (2001–2021), I provide mobility-consistent estimates of saving rates across the U.S. wealth distribution.
Reposted by Wesley Stubenbord
I’m hiring a postdoc! Flexible in terms of details, but I’m looking for someone to collaborate with on research about labor market inequality. I’ll review applications as they come in and the posting just went up here:
apply.interfolio.com/178873
apply.interfolio.com/178873
Apply - Interfolio
{{$ctrl.$state.data.pageTitle}} - Apply - Interfolio
apply.interfolio.com
December 9, 2025 at 7:36 PM
I’m hiring a postdoc! Flexible in terms of details, but I’m looking for someone to collaborate with on research about labor market inequality. I’ll review applications as they come in and the posting just went up here:
apply.interfolio.com/178873
apply.interfolio.com/178873
Reposted by Wesley Stubenbord
Study after study shows campaign ads barely move the needle. So where does money’s real power come from? I ranked the five ways money corrupts politics—from least to most corrosive. What I’ve learned from 15 years of tracking political money:
Money Doesn't Buy Elections. It Does Something Worse.
Campaign ads barely move the needle. The real influence is hiding in plain sight.
open.substack.com
December 6, 2025 at 8:22 PM
Study after study shows campaign ads barely move the needle. So where does money’s real power come from? I ranked the five ways money corrupts politics—from least to most corrosive. What I’ve learned from 15 years of tracking political money:
Reposted by Wesley Stubenbord
ASA member Cristobal Young (Cornell University) says data show that the rich generally stay put, countering warnings that millionaires would flee NYC if Mamdani were elected. @us.theconversation.com
New York’s wealthy warn of a tax exodus after Mamdani’s win – but the data says otherwise
Research on millionaire migration reveals that social and professional ties matter far more than marginal tax rates.
bit.ly
December 2, 2025 at 5:04 PM
ASA member Cristobal Young (Cornell University) says data show that the rich generally stay put, countering warnings that millionaires would flee NYC if Mamdani were elected. @us.theconversation.com
Reposted by Wesley Stubenbord
Proud to share the publication of my first paper, co-authored with Silvio Candido, in @actasociologica.bsky.social!
“Entrenched and unequal at the top: Brazilian capitalism and the social space of its corporate elite” is now out — hope you enjoy the read!
journals.sagepub.com/doi/10.1177/...
“Entrenched and unequal at the top: Brazilian capitalism and the social space of its corporate elite” is now out — hope you enjoy the read!
journals.sagepub.com/doi/10.1177/...
Sage Journals: Discover world-class research
Subscription and open access journals from Sage, the world's leading independent academic publisher.
journals.sagepub.com
November 27, 2025 at 3:45 PM
Proud to share the publication of my first paper, co-authored with Silvio Candido, in @actasociologica.bsky.social!
“Entrenched and unequal at the top: Brazilian capitalism and the social space of its corporate elite” is now out — hope you enjoy the read!
journals.sagepub.com/doi/10.1177/...
“Entrenched and unequal at the top: Brazilian capitalism and the social space of its corporate elite” is now out — hope you enjoy the read!
journals.sagepub.com/doi/10.1177/...
Reposted by Wesley Stubenbord
"We find a highly connected network core of ∼275 directors...We find a large political premium for directors in very large companies."
This month in our journal, @sociologicalsci.bsky.social
This month in our journal, @sociologicalsci.bsky.social
NEW: Lasse Folke Henriksen, Jacob Aagard Lunding, Christoph Houman Ellersgaard, Anton Grau Larsen, "The Hardcore Brokers: Core-Periphery Structure and Political Representation in Denmark’s Corporate Elite Network" sociologicalscience.com/articles-v12...
sociologicalscience.com
November 18, 2025 at 7:11 PM
"We find a highly connected network core of ∼275 directors...We find a large political premium for directors in very large companies."
This month in our journal, @sociologicalsci.bsky.social
This month in our journal, @sociologicalsci.bsky.social
Reposted by Wesley Stubenbord
New working paper up on SocArxiv! osf.io/preprints/so.... I use the 1940 Census and linked mortality records in combination with an IV-design to study the causal effects of racial segregation on longevity. I show that segregation reduces both Black and White longevity.
November 13, 2025 at 2:52 PM
New working paper up on SocArxiv! osf.io/preprints/so.... I use the 1940 Census and linked mortality records in combination with an IV-design to study the causal effects of racial segregation on longevity. I show that segregation reduces both Black and White longevity.
New from me:
An interactive data visualization showing billionaire migration: paths from birthplace to most recent residence for > 3,100 of the world’s richest individuals.
Most importantly, fun to play around with; also, useful for thinking about q's re: elites and comparative wealth ineq. 1/5
An interactive data visualization showing billionaire migration: paths from birthplace to most recent residence for > 3,100 of the world’s richest individuals.
Most importantly, fun to play around with; also, useful for thinking about q's re: elites and comparative wealth ineq. 1/5
Billionaire Migration: An Interactive Map
An interactive map of city-level migration flows for 3,106 billionaires from birth to most recent residence.
wesleystubenbord.com
November 10, 2025 at 10:31 AM
New from me:
An interactive data visualization showing billionaire migration: paths from birthplace to most recent residence for > 3,100 of the world’s richest individuals.
Most importantly, fun to play around with; also, useful for thinking about q's re: elites and comparative wealth ineq. 1/5
An interactive data visualization showing billionaire migration: paths from birthplace to most recent residence for > 3,100 of the world’s richest individuals.
Most importantly, fun to play around with; also, useful for thinking about q's re: elites and comparative wealth ineq. 1/5
Reposted by Wesley Stubenbord
New article out now 🚨
onlinelibrary.wiley.com/doi/10.1111/...
@sheffielduni.bsky.social
While researching the wealthy business class in and around Manchester, I stumbled upon CEO peer advisory groups — little-known but powerful sites of elite cohesion. 🧵
onlinelibrary.wiley.com/doi/10.1111/...
@sheffielduni.bsky.social
While researching the wealthy business class in and around Manchester, I stumbled upon CEO peer advisory groups — little-known but powerful sites of elite cohesion. 🧵
Therapy Culture for the Business Class: Exploring How CEO Peer Groups Make and Legitimate Elite Cohesion
In the current context of extreme economic inequality and rising concentrations of income and wealth at the top, the social processes through which elites restrict the wider population's access to re...
onlinelibrary.wiley.com
November 4, 2025 at 2:20 PM
New article out now 🚨
onlinelibrary.wiley.com/doi/10.1111/...
@sheffielduni.bsky.social
While researching the wealthy business class in and around Manchester, I stumbled upon CEO peer advisory groups — little-known but powerful sites of elite cohesion. 🧵
onlinelibrary.wiley.com/doi/10.1111/...
@sheffielduni.bsky.social
While researching the wealthy business class in and around Manchester, I stumbled upon CEO peer advisory groups — little-known but powerful sites of elite cohesion. 🧵
Nice graph in a new Bloomberg article: Massachusetts‘ millionaire tax has brought in more than double its projected revenue.
October 21, 2025 at 6:16 PM
Nice graph in a new Bloomberg article: Massachusetts‘ millionaire tax has brought in more than double its projected revenue.
Reposted by Wesley Stubenbord
Is childhood exposure to local wealth inequality associated with upward income mobility achieved in adulthood? Yes! Check out my new paper, just published in @natureportfolio.nature.com here: doi.org/10.1038/s414... #EconSky #Sociology #Demography
October 15, 2025 at 12:11 PM
Is childhood exposure to local wealth inequality associated with upward income mobility achieved in adulthood? Yes! Check out my new paper, just published in @natureportfolio.nature.com here: doi.org/10.1038/s414... #EconSky #Sociology #Demography
Reposted by Wesley Stubenbord
@fabianpfeffer.bsky.social on @deutschlandfunk.de.web.brid.gy
www.deutschlandfunk.de/soziologe-pf...
www.deutschlandfunk.de/soziologe-pf...
Soziale Ungleichheit - Soziologe Pfeffer: Vermögenssteuer ist "keineswegs radikal"
Der Soziologe Fabian Pfeffer hat sich für die Wiedereinführung einer Vermögenssteuer in Deutschland ausgesprochen.
www.deutschlandfunk.de
October 5, 2025 at 7:56 PM
Reposted by Wesley Stubenbord
New paper! Led by the brilliant @blaabaek.bsky.social and based on library borrowing data for the entire 🇩🇰 population. Thread below
Even in Denmark, cultural tastes are socially stratified. With some quite cool library data we find strong gradients by education and wealth - important as wealth is rarely studied in cultural stratification research
doi.org/10.1093/esr/...
OA: osf.io/ar2xc_v2/dow...
@europeansocreview.bsky.social
doi.org/10.1093/esr/...
OA: osf.io/ar2xc_v2/dow...
@europeansocreview.bsky.social
How are cultural tastes stratified? Evidence from library borrowing for the entire population of Denmark
Abstract. Research shows that cultural tastes are socially stratified. Yet, most of this research relies on small-sample surveys and includes only a few di
doi.org
September 29, 2025 at 11:48 AM
New paper! Led by the brilliant @blaabaek.bsky.social and based on library borrowing data for the entire 🇩🇰 population. Thread below
Reposted by Wesley Stubenbord
NEW: Elias Nosrati, "The Political Economy of Optimal Taxation" sociologicalscience.com/articles-v12...
sociologicalscience.com
September 18, 2025 at 4:31 PM
NEW: Elias Nosrati, "The Political Economy of Optimal Taxation" sociologicalscience.com/articles-v12...
Reposted by Wesley Stubenbord
Net private wealth has skyrocketed since 1980 - this is one of the main findings of a new @wid.world study overturning the Kaldor’s facts.
More findings in thread 🧵
🔗Study wid.world/news-article...
More findings in thread 🧵
🔗Study wid.world/news-article...
🔴 🌐First global database of wealth accumulation covering 1800–2025 now available 👇
wid.world/news-article...
@cmtneztt.bsky.social @thomaspiketty.bsky.social @alisodano.bsky.social @anmol-smnch.bsky.social @jonasdietrich.bsky.social @gatonievas.bsky.social
wid.world/news-article...
@cmtneztt.bsky.social @thomaspiketty.bsky.social @alisodano.bsky.social @anmol-smnch.bsky.social @jonasdietrich.bsky.social @gatonievas.bsky.social
First global database of wealth accumulation covering 1800–2025 now available - WID - World Inequality Database
First global database of wealth accumulation covering 1800–2025 now available The source for global inequality data. Open access, high quality wealth and income inequality data developed by an interna...
wid.world
September 15, 2025 at 9:01 AM
Net private wealth has skyrocketed since 1980 - this is one of the main findings of a new @wid.world study overturning the Kaldor’s facts.
More findings in thread 🧵
🔗Study wid.world/news-article...
More findings in thread 🧵
🔗Study wid.world/news-article...
Meanwhile, the wealth of the richest 400 Americans hit a record high yesterday: $6.77 trillion. Up 26% from last year.
September 11, 2025 at 12:52 PM
Meanwhile, the wealth of the richest 400 Americans hit a record high yesterday: $6.77 trillion. Up 26% from last year.
Probably the single largest transfer of wealth to an individual in history: Larry Ellison's wealth rose by $94.5 billion to $388 billion yesterday. Still only the second richest person in the world.
September 11, 2025 at 11:28 AM
Probably the single largest transfer of wealth to an individual in history: Larry Ellison's wealth rose by $94.5 billion to $388 billion yesterday. Still only the second richest person in the world.
Reposted by Wesley Stubenbord
Matching the Forbes 400 to tax data finds that they pay a total tax rate of 24 percent of economic income, lower than the 30 percent tax rate paid on average in the US, from Akcan S. Balkir, Emmanuel Saez, Danny Yagan, and Gabriel Zucman https://www.nber.org/papers/w34170
September 2, 2025 at 2:31 PM
Matching the Forbes 400 to tax data finds that they pay a total tax rate of 24 percent of economic income, lower than the 30 percent tax rate paid on average in the US, from Akcan S. Balkir, Emmanuel Saez, Danny Yagan, and Gabriel Zucman https://www.nber.org/papers/w34170
Reposted by Wesley Stubenbord
New working paper with Tom Robinson, Laura Fung and Caroline Roberts. We use an LLM to classify occupations in surveys in real time, probing 'intelligently' when more info is needed. Results show big reductions in cost, time and respondent burden.
osf.io/preprints/so...
osf.io/preprints/so...
OSF
osf.io
August 9, 2025 at 4:58 PM
New working paper with Tom Robinson, Laura Fung and Caroline Roberts. We use an LLM to classify occupations in surveys in real time, probing 'intelligently' when more info is needed. Results show big reductions in cost, time and respondent burden.
osf.io/preprints/so...
osf.io/preprints/so...
Reposted by Wesley Stubenbord
Very pleased to post this great conversation with Cristobal Young.
How important are low tax rates when your life and career are rooted in one place? Cristobal Young challenges the idea that the wealthy are fleeing to tax havens in this week’s episode of The Inequality Podcast.
🎧 Listen here: bit.ly/3YdiCkj
#TaxFlight #MillionaireTax #InequalityResearch
🎧 Listen here: bit.ly/3YdiCkj
#TaxFlight #MillionaireTax #InequalityResearch
August 3, 2025 at 4:34 PM
Very pleased to post this great conversation with Cristobal Young.
Reposted by Wesley Stubenbord
In our new article, Jens Beckert and I ask how "Capital and the Family" interconnect in contemporary capitalism. We argue that they come together in owning relations - and are crucial to today's economy. Read more in @bjsociology.bsky.social
onlinelibrary.wiley.com/doi/10.1111/...
onlinelibrary.wiley.com/doi/10.1111/...
onlinelibrary.wiley.com
July 29, 2025 at 4:31 PM
In our new article, Jens Beckert and I ask how "Capital and the Family" interconnect in contemporary capitalism. We argue that they come together in owning relations - and are crucial to today's economy. Read more in @bjsociology.bsky.social
onlinelibrary.wiley.com/doi/10.1111/...
onlinelibrary.wiley.com/doi/10.1111/...
Reposted by Wesley Stubenbord
New study on elite tax migration. Using IRS data, we show that while tax rates matter, embeddedness matters more. Millionaires don’t flee high-tax states unless their networks are disrupted. Embeddedness > incentives. States can still tax the rich. www.journals.uchicago.edu/doi/10.1086/...
Taxing the Rich: How Incentives and Embeddedness Shape Millionaire Tax Flight | American Journal of Sociology: Vol 0, No ja
www.journals.uchicago.edu
June 20, 2025 at 6:35 PM
New study on elite tax migration. Using IRS data, we show that while tax rates matter, embeddedness matters more. Millionaires don’t flee high-tax states unless their networks are disrupted. Embeddedness > incentives. States can still tax the rich. www.journals.uchicago.edu/doi/10.1086/...
Reposted by Wesley Stubenbord
Publication day!
#QJE Aug 2025, #14, “‘Descended from Immigrants and Revolutionists:’ How Family History Shapes Immigration Policymaking,” by Feigenbaum (@jamesfeigenbaum.bsky.social), Palmer (@maxwellpalmer.com), and Schneer: doi.org/10.1093/qje/...
Validate User
doi.org
July 14, 2025 at 7:15 PM
Publication day!
Reposted by Wesley Stubenbord
Just published in @jpube.bsky.social:
"The Influence of Inheritances on Wealth Inequality in Rich Countries"
By @morellisal.bsky.social, Brian Nolan, @juancpal.bsky.social, & Philippe Van Kerm
www.sciencedirect.com/science/arti...
#econsky #publiceconomics #publicfinance
"The Influence of Inheritances on Wealth Inequality in Rich Countries"
By @morellisal.bsky.social, Brian Nolan, @juancpal.bsky.social, & Philippe Van Kerm
www.sciencedirect.com/science/arti...
#econsky #publiceconomics #publicfinance
June 29, 2025 at 4:05 PM
Just published in @jpube.bsky.social:
"The Influence of Inheritances on Wealth Inequality in Rich Countries"
By @morellisal.bsky.social, Brian Nolan, @juancpal.bsky.social, & Philippe Van Kerm
www.sciencedirect.com/science/arti...
#econsky #publiceconomics #publicfinance
"The Influence of Inheritances on Wealth Inequality in Rich Countries"
By @morellisal.bsky.social, Brian Nolan, @juancpal.bsky.social, & Philippe Van Kerm
www.sciencedirect.com/science/arti...
#econsky #publiceconomics #publicfinance
Reposted by Wesley Stubenbord
🚨 Major release alert
We’re thrilled to launch lissyrtools v0.2.0 — our R package that makes working with LIS & LWS microdata simpler, faster, and clearer 📦
🧵 1/12
We’re thrilled to launch lissyrtools v0.2.0 — our R package that makes working with LIS & LWS microdata simpler, faster, and clearer 📦
🧵 1/12
June 12, 2025 at 3:09 PM
🚨 Major release alert
We’re thrilled to launch lissyrtools v0.2.0 — our R package that makes working with LIS & LWS microdata simpler, faster, and clearer 📦
🧵 1/12
We’re thrilled to launch lissyrtools v0.2.0 — our R package that makes working with LIS & LWS microdata simpler, faster, and clearer 📦
🧵 1/12