Capital and labor income taxation in stochastic growing economies

Información del proyecto

Identificador del acuerdo de subvención: FMBI972848

Proyecto cerrado

Fecha de inicio 1 Febrero 1998

Fecha de finalización 31 Enero 1999

Financiado con arreglo a

• Specific research and technological development programme in the field of the training and mobility of researchers, 1994-1998

Coste total

Sin datos

Aportación de la UE

Sin datos

Coordinado por

UNIVERSITY COLLEGE LONDON.
United Kingdom

Objetivo

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

Ámbito científico (EuroSciVoc)

• ciencias sociales › sociología › gobernanza › impuestos

Programa(s)

• FP4-TMR - Specific research and technological development programme in the field of the training and mobility of researchers, 1994-1998

Tema(s)

• 0302 - Post-doctoral research training grants
• TS06 - International Economics

Convocatoria de propuestas

Datos no disponibles

Régimen de financiación

RGI - Research grants (individual fellowships)

Coordinador

UNIVERSITY COLLEGE LONDON.

• Aportación de la UE: Sin datos
• Dirección: GOWER STREET ; LONDON ; Reino Unido
• Coste total: Sin datos

Participantes (1)

Not available

Italia

• Aportación de la UE: Sin datos
• Coste total: Sin datos