Calendrier du 24 mai 2022
Virtual Development Economics Seminar
Du 24/05/2022 de 17:00 à 18:15
On Line
LEON-CILIOTA Gianmarco ((U. Pompeu Fabra, Barcelona School of Economics (BSE), IPEG, BREAD and CEPR))
Promotions and Productivity: The Role of Meritocracy and Pay Progression in the Public Sector
écrit avec with Erika Deserranno and Philipp Kastrau.
PSI-PSE (Petit Séminaire Informel de la Paris School of Economics) Seminar
Du 24/05/2022 de 17:00 à 18:00
R1-13, Zoom link: https://zoom.us/j/94740575953
VERDINI Daniele (UCLouvain, FNRS)
Globalization and Urban-Rural Divide in France
Paris Migration and Demographic Economics Seminar (PMDES)
Du 24/05/2022 de 16:30 à 19:00
Salle R1.09, Campus Jourdan
SANCHEZ ROMERO Miguel(Vienna Institute of Demography)
BOTEY Montserrat(Sciences Po)
Redistributive effects of pension reforms: Who are the winners and losers?
écrit avec avec Guillaume Chapelle (Maître de conférence à l'Université de Cergy-Pontoise/ LIEPP, Sciences Po Paris)
The dramatic rise in wealth inequalities has generated debates on the oppor- tunity to tax wealth (Piketty, 2014; Garbinti et al., 2017). Increasing housing prices are to a great extent driving these widening wealth disparities. This pa- per explores the potential redistributive impact of taxing imputed rents, usually exempted from income taxation. We estimate tax savings and their distribu- tion between households in France exploiting the fiscal simulator developed by Landais et al. (2011). We find that while net imputed rents represent 7% of national net income, their non-taxation is a hidden fiscal spending (i.e. tax expenditure) amounting up to 11 billion euros yearly. This shows non-taxation to be the largest public spending directed to home owners, benefiting mostly the oldest and wealthiest households. Substituting property tax with imputed rents taxation could favor the youngest and the poorest households, who went through a steady decline in their homeownership rate over the last decades.
Applied Economics Lunch Seminar
Du 24/05/2022 de 12:30 à 13:30
Salle R2.01 PSE
PAUL-VENTURINE Julia ()
Can central governments promote density ? Evidence from the removal of floor area ratio in France
In this paper, we study the impact of a national-level reform that abolished locally set floor area ratios (FAR) in France. FAR is a piece of regulation that local policy makers use to prevent urban densification. The goal of the reform was to foster the supply of housing projects in cities while reducing the consumption of agricultural land by densifying urban places. To identify its impact on the Paris metropolitan area, we use a difference-in-difference (DID) framework comparing housing blocks where a maximum FAR existed before the reform with the closest blocks where no FAR existed. We find that treated areas, in which FAR were removed, didn't experiment any change in their density and no particular dynamic in their price. This suggests that the suppression of FAR imposed by the central government didn't have any positive impact on the housing supply. Preliminary results on observed heights of new buildings suggest that local authorities might have compensated the disappearance of FAR using alternate tools that still were available as maximum heights.