Calendrier du 05 avril 2024
Casual Friday Development Seminar - Brown Bag Seminar
Du 05/04/2024 de 13:00 à 14:00
R1-09
SAXENA Utkarsh (Oxford, MIT)
Artificial Intelligence and Judicial State Capacity: Evidence from India
EU Tax Observatory Seminar
Du 05/04/2024 de 12:00 à 13:00
Salle R1-14
MARTINEZ Isabel (KOF (ETH Zurich), CEPR, CESifo)
Earnings Responses to Sudden Wealth: Inheritance, Inter-Vivos Gifts, and Lotteries
We study individual earnings responses to positive wealth shocks from inheritance, inter-vivos gifts, and lotteries. In a life-cycle model we show how responses may differ across the three types of shocks because they occur at different ages. In addition, gifts tend to be targeted, and socio-psychological circumstances differ between the different shocks. We explore these differences in a panel of tax records for a large Swiss canton. We find consistently negative earnings responses, irrespective of the source of the wealth shock. The strongest responses are found for older workers – partly through early retirement–, and for women. Conditional on age, inheritance triggers weaker earnings responses than lottery winnings. Gifts are associated with the strongest reductions in subsequent earnings. However, strong pre-trends confirm them to be targeted and do not allow us to quantify the causal effect of inter-vivos giving. For instrumented gifts, however, no statistically significant earnings response is observed. This suggests that, when abstracting from targeting, behavioral effects mitigate labor supply reductions of donees.
EPCI (Economie politique du changement institutionnel) Seminar
Du 05/04/2024 de 11:00 à 12:30
MSE salle 116
GAYON Vincent (Université Paris Dauphine, IRISSO)
Épistémocratie. Enquête sur le gouvernement international du capitalisme
Bureaucrates, consultants et universitaires réunis à l’OCDE constituent un microcosme expert et opaque qui impose des politiques régressives à tous les pays dits développés. Ce livre est une plongée inédite dans le gouvernement international de l’économie. Il montre comment se légitime un ordre capitaliste qui fait du chômage et de la modération salariale le résultat des largesses de l’État social.
Vincent GAYON, Épistémocratie. Enquête sur le gouvernement international du capitalisme, Collection Microcosmes, Raisons d'agir, 2022, 350 p.
Behavior Working Group
Du 05/04/2024 de 11:00 à 12:00
MSE ( Salle 115)
FERNANDEZ-URBANO Roger ()
How Locus of Control Predicts Subjective Well-being and its Inequality: The Moderating Role of Social Values
Previous research has established the central role of an individuals' locus of control (LoC) in influencing subjective well-being. However, earlier studies have predominantly omitted an exploration of potential moderating factors at the country-level and have rarely delved into the influence of LoC on an important yet often-overlooked dimension of well-being—namely, subjective well-being inequality. Addressing these gaps, this study examines the association between individuals' LoC and subjective well-being, considering both the mean and inequality aspects. Additionally, it explores the moderating influence of country’s social values, particularly the individualism-collectivism dimension. Utilizing data from the Integrated Values Survey, comprising 170,000 individuals across 37 countries from 1996 to 2022, our study confirms a strong positive relationship between LoC and subjective well-being while also unveiling a strong negative relationship with subjective well-being inequality. Moreover, it demonstrates that country’s social values exert significant moderation effects on the relationship between LoC and subjective well-being, affecting both the mean level and inequality aspects, albeit in opposing directions. By employing the Oaxaca-Blinder decomposition, our findings support the importance of structural effects. Understanding how increasing LoC shapes people’s wellbeing in a society holds implications for policymaking and contributes to ongoing discussions on collective choice and inequality