Objective
Research objectives and content
I am interested in taxation in an international perspective where the observation that output shocks of trading nations are less than perfectly correlated is crucial. Here there is room for obtaining diversification through cross ownership of assets. and taxation affects portfolio choice. Two issues are addressed in my research: 1) what is the structure of optimal capital and labor taxation in a two country stochastic economy in the presence of global and redistributive shocks? 2.What are the implications in term of saving, growth and welfare of different forms of capital income taxation ? Two stylized form of taxation will be studied: 1) a residence base taxation: capital income is taxed after repatriation at a flat rate. 2) source based taxation: capital is taxed only in the country in which the technology is located. In the European countries there has been a shift from taxing capital towards taxing the less mobile factor. i.e. labor. Most of the countries have also experienced a shift from source-based taxation to resident based taxation. To understand how these fact have an effect on growth and welfare is a challenging topic of research. The University City of London provides an ideal environment for studying the effect of the different form of income taxation on welfare and growth In particular. Prof. Philippe Aghion has extensively worked on growth theory . Prof. Orazio Attanasio has concentrated most of his research on saving, as well as investment both theoretically than empirically. Training content (objective, benefit and expected impact)
The University College of London and particularly Prof. Aghion, who knows me since a long time since he was one of my professor at MIT, is particular interested in my work. This period will greatly stimulate my work. Interaction with other experts on growth and investment will be most helpful.
Links with industry I industrial relevance (22)
Not applicable
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
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Programme(s)
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Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
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Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
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Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Funding Scheme
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Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
LONDON
United Kingdom
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