Economic Analysis of Business Taxation
Organized by Joshua Rauh and Juan Carlos Suárez Serrato
Supported by the Smith Richardson Foundation
October 20, 2023
Friday, October 20
8:00 am
Continental Breakfast - Parkview Room
8:20 am
Welcome
8:30 am

Tax Policy and Investment in a Global Economy

Gabriel Chodorow-Reich, Harvard University and NBER
Matthew Smith, U.S. Department of the Treasury
Owen M. Zidar, Princeton University and NBER
Eric Zwick, University of Chicago and NBER

Discussant:
Jason Furman, Harvard University
9:20 am

Tax Planning and Multinational Behavior

Rosanne Altshuler, Rutgers University
Lysle Boller, University of Pennsylvania
Juan Carlos Suárez Serrato, Stanford University and NBER

Discussant:
Dhammika Dharmapala, University of California, Berkeley
10:10 am
Break
10:30 am

Follow the Money! Why Dividends Overreact to Flat-Tax Reforms

Laurent Bach, ESSEC Business School
Antoine Bozio, Paris School of Economics
Brice Fabre, Institut des politiques publiques (IPP)
Arthur Guillouzouic Le Corff, Aix-Marseille School of Economics
Claire Leroy, Institute for Fiscal Studies
Clement Malgouyres, CREST-IPP

Discussant:
Adrien Matray, Federal Reserve Bank of Atlanta
11:20 am

Who Benefits from Partnership Flexibility?

Michael Love, Columbia University

Discussant:
Rebecca Lester, Stanford University
12:10 pm
Lunch - Parkview Room
1:20 pm
Session on International Taxation

The Effect of the Double Irish Arrangement’s Closure on the Location of U.S. Multinational Companies’ Profits

Navodhya Samarakoon, University of Michigan

The Geography of Capital Allocation in the Euro Area

Roland Beck, European Central Bank
Antonio Coppola, Stanford University
Angus J. Lewis, Stanford University
Matteo Maggiori, Stanford University and NBER
Martin Schmitz, European Central Bank
Jesse Schreger, Columbia University and NBER

A Macroeconomic Perspective on Taxing Multinational Enterprises (slides)

Sebastian Dyrda, University of Toronto
Joseph B. Steinberg, University of Toronto and NBER
Guangbin Hong, Michigan State University
2:20 pm
Break
2:40 pm
Session on Taxation in Developing Countries

Effective Tax Rates, Firm Size and the Global Minimum Tax

Pierre Bachas, The World Bank
Anne Brockmeyer, The World Bank
Camille Semelet, LMU and ifo Institute

VAT Refunds and Firms’ Performance: Evidence from a Withholding Reform in Honduras

Thiago Scot, Development Impact Evaluation (DIME), World Bank
David Pineda Pinto, Utah State University
Jose Carlo Bermúdez, PUC-Chile

Who Benefits from Payroll Tax Cuts? Market Power, Tax Incidence, and Efficiency

Felipe Lobel, Columbia University
3:40 pm
Break
4:00 pm
Session on Tax Incentives for Investment (the last paper of this session will not be livestreamed)

Unintended Environmental Consequences of Investment Stimulus Policy

Dana C. Andersen, University of Alberta
E. Mark Curtis, Wake Forest University
Eric C. Ohrn, Grinnell College

Investor Tax Breaks and Financing for Start-ups: Evidence from China

Irem Guceri, University of Oxford
Xipei Hou, Shanghai Jiao Tong University
Jing Xing, Shanghai Jiao Tong University

Manufacturing Investment and Employee Earnings: Evidence from Accelerated Depreciation

Terry Moon, University of British Columbia
Yige Duan, University of British Columbia
Shiming Wu, University of British Columbia
5:00 pm
Adjourn