Calendrier du 18 octobre 2016
Paris Trade Seminar
Du 18/10/2016 de 14:45 à 16:45
ScPo, 56, rue des Saints-Pères Salle : GOGUEL
VANDENBUSSCHE Hylke (KU Leuven)
*INPUT REALLOCATION WITHIN FIRMS
écrit avec C. Viegelahn
Applied Economics Lunch Seminar
Du 18/10/2016 de 12:30 à 13:30
Campus jourdan,Bâtiment A, Rez de chaussée, Salle 2
FOREMNY Dirk (Universitat de Barcelona and Intitut d'Economia de Barcelona)
Relocation of the Rich: Migration in Response to Top Tax Rate Changes from Spanish Reforms
écrit avec David Agrawal (University of Kentucky)
We quantify the importance of mobility as a response to top tax rate changes in a country where migration is relatively low. A recent Spanish tax reform granted states the authority to set income tax rates for the first time. This Spanish tax reform resulted in substantial tax differences across states for high-income tax payers.
To study the effect of these tax changes, we use individual-level information from Social Security records over a period of one decade. The reform increases the probability of moving. In addition, conditional on moving, taxes have a significant effect on the location choice. A one percent increase in the net of tax rate for a region relative to others increases the probability of moving to that region by 1.7 percentage points.