Macro Public Reading Group
Semester:
Spring
|
Year offered:
2018
FOR ALL PAST READING GROUPS AND MATERIALS, GO TO:
https://scholar.harvard.edu/stantcheva/classes
A reading group in Macro and Public Economics for Harvard graduate students. Organized by Robert Barro, Emmanuel Farhi and Stefanie Stantcheva.
Class Materials:
Schedule and Reading List
Date | Topic | Presenters | Paper |
13-Feb | Classic corporate tax papers | Vu Chau, Robert Siliciano | Auerbach, Alan J. 1979. "Wealth Maximization and the Cost of Capital." Quarterly Journal of Economics, 93(3): 433-46. |
Auerbach, Alan J., and Kevin A. Hassett. 2002. "On the Marginal Source of Investment Funds." Journal of Public Economics, 87: 205-232. | |||
Reference (not to be presented): Hassett, Kevin A. and R. Glenn Hubbard. 2002. "Tax Policy and Business Investment." In Alan J. Auerbach and Martin Feldstein, editors, Handbook of Public Economics, 1293--1343. | |||
27-Feb | Tax policy in the classic corporate tax papers | Nathan Hipsman, Raphael Raux | Auerbach, Alan, "On the Design and Reform of Capital-Gains Taxation," American Economic Review 82 (May 1992), 263-267. |
Auerbach, Alan J., and Kevin A. Hassett. 1992. "Tax Policy and Business Fixed Investment in the United States." Journal of Public Economics, 47: 141-170. | |||
Hall, Robert E. and Dale W. Jorgenson. 1967. "Tax Policy and Investment Behavior." American Economic Review, 57(3): 391-414 | |||
6-Mar | Capitalists in the 21st century | Sanjay Misra, Anna Stansbury | Smith, Matthew, et al. 2017. "Capitalists in the 21st Century." Working paper. |
Cooper, Michael, et al. 2016. "Business in the United States: Who Owns It, and How Much Tax Do They Pay?" Tax Policy and the Economy 30(1): 91-128. | |||
20-Mar | Lucas supply side economics | Chris Clayton, Matteo Paradisi | Lucas, Robert E. 1990. "Supply-Side Economics: An Analytical Review." Oxford Economic Papers, New Series 42(2): 293-316. |
Barro, Robert, and Jason Furman. " The macroeconomic effects of the 2017 tax reform." Brookings Papers on Economic Activity. | |||
10-Apr | Macro and time series evidence on taxes | Eben Lazarus, Brian Wheaton | Mertens, K., and Morten O. Ravn. 2013. "The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States." The American Economic Review, 103(4), 1212-1247. |
Mertens, K., and Jose Luis Montiel Olea. 2017. "Marginal Tax Rates and Income: New Time Series Evidence." Working paper. | |||
17-Apr | Border tax adjustment | Paul Fontanier, Armando Miano | Auerbach, Alan J. 2010. “A Modern Corporate Tax”, Center for American Progress and the Hamilton Project. |
Auerbach, Alan J. and Douglas Holtz-Eakin. 2016. “The Role of Border Adjustment in International Taxation." Working paper. | |||
Auerbach, Alan J. and Michael P. Devereux. 2017. "Cash-Flow Taxes in an International Setting." Working paper. | |||
Reference (optional presentation): Auerbach, Alan J. 2017. "Demystifying the Destination-Based Cash-Flow Tax." Brookings Papers on Economic Activity. | |||
24-Apr | International taxation and evasion | Edoardo Acabbi, Omar Barbiero, Eben Lazarus | Clausing, Kimberly A. 2003. "Tax-motivated transfer pricing and US intrafirm trade prices." Journal of Public Economics 87(9-10): 2207-2223. |
Slemrod, Joel, and John D. Wilson. 2009. "Tax competition with parasitic tax havens." Journal of Public Economics 93(9-10); 1261-1270. | |||
Zucman, Gabriel. 2013. "The Missing Wealth of Nations: Are Europe and the U.S. net Debtors or net Creditors?" The Quarterly Journal of Economics 128(3): 1321-1364. | |||
Zucman, Gabriel. 2014. "Taxing across Borders: Tracking Personal Wealth and Corporate Profits." Journal of Economic Perspectives 28(4): 121-148. | |||
Reference (not to be presented): Gordon, Roger and James Hines. 2002. "International Taxation." Handbook of Public Economics, vol. 4. |