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Joint Public Economics Workshop, Applied Microeconomics Workshop & Labor Economics Workshop: Cecile Gaubert

Monday, March 29, 2021 at 11:15am to 12:45pm

Virtual Event

Cecile Gaubert, University of Californina, Berkeley

Place-Based Redistribution

Abstract:  Governments around the world redistribute to distressed areas by conditioning taxes and transfers on location. We show that when poor households are spatially concentrated, transfers from one location to another can yield equity gains that outweigh their efficiency costs, even when incomebased transfers are set optimally. Expressions for the optimal transfer size depend on the mobility of households, the earnings responses of movers, and sorting patterns. Surveys find support for targeting tax credits to poor Americans who live in distressed places. A calibration exercise finds optimal transfers of the same order of magnitude as prominent American zone policies.

Dial-In Information

If you are interested participating in this seminar, please email Ulrike Kroeller at uab1@cornell.edu for Zoom information.

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Event Type

Seminar, Class/ Workshop

Departments

Economics

Tags

economics, EconSeminar, EconPublic, EconLabor, EconAppliedMicro

Contact E-Mail

uab1@cornell.edu

Contact Name

Ulrike Kroeller

Speaker

Cecile Gaubert

Speaker Affiliation

University of California, Berkeley

Open To

Cornell Economics Community - List Serve Members