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dc.contributor.author | Agrawal, David R. |
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dc.contributor.author | Foremny, Dirk |
dc.date | 2018-05-31T12:21:29Z |
dc.date | 2018-05-31T12:21:29Z |
dc.date | 2018 |
dc.identifier | http://hdl.handle.net/2445/122681 |
dc.identifier.uri | http://hdl.handle.net/2445/122681 |
dc.description | A recent Spanish tax reform granted regions the authority to set income tax rates, resulting in substantial tax differentials. We use individual-level information from Social Security records over a period of one decade. Conditional on moving, taxes have a significant effect on location choice. A one percent increase in the net of tax rate for a region relative to others increases the probability of moving to that region by 1.7 percentage points. Focusing on the stock of top-taxpayers, we estimate an elasticity of the number of top taxpayers with respect to net-of-tax rates of 0.85. Using this elasticity, a theoretical model implies that the mechanical increase in tax revenue due to higher tax rates is larger than the loss in tax revenue from the out-flow of migration. |
dc.format | 79 p. |
dc.format | application/pdf |
dc.language | eng |
dc.publisher | Institut d’Economia de Barcelona |
dc.relation | Reproducció del document publicat a: http://www.ieb.ub.edu/2012022157/ieb/ultimes-publicacions |
dc.relation | IEB Working Paper 2018/06 |
dc.relation | [WP E-IEB18/06] |
dc.rights | cc-by-nc-nd, (c) Agrawal et al., 2018 |
dc.rights | http://creativecommons.org/licenses/by-nc-nd/3.0/es/ |
dc.rights | info:eu-repo/semantics/openAccess |
dc.subject | Riquesa |
dc.subject | Distribució (Teoria econòmica) |
dc.subject | Administració fiscal |
dc.subject | Política migratòria |
dc.subject | Wealth |
dc.subject | Distribution (Economic theory) |
dc.subject | Tax administration and procedure |
dc.title | Relocation of the rich: migration in response to top tax rate changes from Spanish reforms [WP] |
dc.type | info:eu-repo/semantics/workingPaper |