Calendrier du 07 juin 2022
Virtual Development Economics Seminar
Du 07/06/2022 de 17:00 à 18:15
On line
DELL Melissa (Harvard University & CEPR)
How Deep Learning Can Help Us Understand Economic Development
Macroeconomics Seminar
Du 07/06/2022 de 16:00 à 17:15
PSE- 48 boulevard Jourdan, 75014 Paris, salle R2-21
PAPPA Evi (university carlos III)
The Sentimental Propagation of Lottery Winnings: Evidence from the Spanish Christmas Lottery
écrit avec Morteza Ghomi, Isabel Micó-Millán,
PEPES (Paris Empirical Political Economics) Working Group
Du 07/06/2022 de 12:30 à 14:00
Sciences.Po, Room H405
BAZZI Samuel (UC San Diego - School of Global Policy & Strategy)
The Other Great Migration: Southern Whites and the New Right
écrit avec with Andreas Ferrara, Martin Fiszbein, Thomas Pearson, and Patrick Testa
Applied Economics Lunch Seminar
Du 07/06/2022 de 12:30 à 13:30
Salle R2.01 PSE
LEITE NEVES David (PSE)
Do Managers Shift Personal Expenditures to Firm Expenses? Evidence from Electronic Invoicing Data
This paper studies tax evasion due to shifting of managers’ personal expenditures to firm accounts using (i) administrative monthly micro-data of personal expenditures from an electronic invoice program in Portugal (e-Fatura); (ii) social security registers; (iii) personal income tax returns. Drawing on this unique combination of data, I demonstrate empirically that managers shift by about 1/3 of their personal expenditures to firms and by about 1/4 of their household expenditures. The shift is driven by expenditures in sectors that lie on the border between business and personal consumption, specifically hotels and restaurants, retail trade and consultancy services. The strategy of consuming through the firm is spread all over the income distribution, but it is particularly concentrated between the 5th-8th deciles. At the top income decile, expenditure shifting amounts to 1/5 of household consumption. Back of the envelope computations suggest that the scale of personal income tax losses due to expenditure shifting amount to 1.68% of the GDP