Calendrier du 01 décembre 2022
Travail et économie publique externe
Du 01/12/2022 de 12:30 à 13:30
PSE- 48 boulevard Jourdan, 74014 Paris, salle R2-01
MULLER Paul (VU)
Tax incentives for high skilled migrants: evidence from a preferential tax scheme in the Netherlands
This paper examines how income tax exemptions affect international mobility and wages of skilled migrants. We study a Dutch preferential tax scheme for migrants, which introduced an income threshold for eligibility in 2012 and covers a large share of the migrant income distribution. Using administrative data, we find that migration in the income range closely above the threshold more than doubles, while there is little support for a decrease below the threshold. These effects appear to be driven mainly by additional migration, while wage bargaining responses are limited. We conclude that the tax scheme was effective in attracting more migrants.
TOM (Théorie, Organisation et Marchés) Lunch Seminar
Du 01/12/2022 de 12:30 à 13:30
Salle R1-14, Campus Jourdan, 75014 Paris
TALLON Jean-Marc (PSE)
*Efficient Allocations under Ambiguous Model Uncertainty - Chiaki Hara (Kyoto University), Sujoy Mukerji (Queen Mary University of London), Frank Riedel (University of Bielefeld), Jean Marc Tallon (Paris School of Economics)
We study efficient allocations in an economy of consumers who have heterogeneous smooth ambiguity preferences but a common identifiable set of relevant probability measures in the sense of Denti and Pommato (2022).
When the efficient allocations would be represented by linear risk sharing rules in the absence of ambiguity, we identify the systematic nonlinearity caused by its presence, and explore asset pricing implications thereof,
by constructing a representative consumer.
We show, among other things, that the Hansen-Jagnnathan bound is higher than in the ambiguity-neutral case and moves countercyclically, a behavior that has not been explained by any representative-consumer model.
PEPES (Paris Empirical Political Economics) Working Group
Du 01/12/2022 de 12:30 à 14:00
Sciences Po, Room H405
ORNAGHI Arianna (Hertie School)
Media Consolidation
écrit avec with Gregory Martin, Josh McCrain, and Nicola Mastrorocco
Recent decades have seen major disruptions to the local media environment in the United States. The changing economics in local news media has resulted in the purchase of many previously independent local television outlets by conglomerates as well as the consolidation of existing ownership groups. In this paper, we examine the content, viewership, and political consequences of media consolidation, exploiting the staggered timing of acquisitions of local TV stations on part of conglomerate owners. When stations are acquired by a conglomerate, coverage of locally elected officials decreases. This has negative effects on viewership. Preliminary results suggest negative effects on turnout and increased incumbency advantage in state elections, and no effects on turnout but increasing Republican vote share in congressional elections. These results hold important implications for the ability of voters to hold elected officials accountable and how this relates to the regulation of media ownership.
Behavior seminar
Du 01/12/2022 de 11:00 à 12:00
R2-01
NAX Heinrich (ETH Zurich)
*Tennis
We discuss the behavioral game theory of tennis, with particular focus on a literature testing minimax predictions. We look at some novel data for insights.