Inequality in Rome Seminar Series
The seminars are scheduled on Wednesdays 12-1 pm, they are held in English and take place in person at the Department of Law at Roma Tre University (Via Ostiense 163). It is also possible to follow the seminars online at this link through Microsoft Teams.
The usual audience consists of economists working at our and other departments of Roma Tre and interested researchers based at other universities and institutions in Rome.
After the seminar, we have a light lunch together and keep the discussion going with the speaker and the participants. Usually, the speaker is available in the afternoon to meet students and researchers.
Next seminar: June 12, 2024
Inequality as an Externality: Consequences for Tax Design
Morten Nyborg Støstad
(FAIR Institute at the Norwegian School of Economics, WII)
Abstract
This paper introduces an income inequality externality into the classical optimal non-linear income taxation model, noting that such an externality arises if income inequality affects pertinent societal outcomes. There are two new mathematical terms in the optimal taxation formula, corresponding to a Pigouvian tax and an increased social taste for (in)equality. The two new terms vary more across the distribution than standard externality terms and always influence optimal rates in the same direction at the top of the distribution. As a result, optimal top tax rates are largely driven by the size of the inequality externality. The overall tax schedule is strongly reliant on the type of inequality externality (pre-tax income, post-tax income, utility) and on the externality structure. The findings indicate a new equality-relevant dimension to the optimal policy problem, provide a theoretical basis for previously unsupported tax policies, and show that the size of the inequality externality could be considered a crucial economic variable.
Program Winter-Spring 2024
Click here to download the poster!
How to join?
You are always welcome! Please register here.
You can also follow the seminars online at this link
If you want to receive updates on the next seminars, send an e-mail to ineqroma3@gmail.com and we will add you to the mailing list.
Click here to import the calendar of the seminars!
Organizers:
Luca Giangregorio
Salvatore Morelli
Francesca Subioli
Matteo Targa
Feb 7th
Income Inequality, Top Shares of Income, and Social Classes in the 21st century
Luca Giangregorio (Roma Tre University)
Feb 21st
The effects of the 2021-2022 energy crisis on medium-sized and large industrial firms: evidence from Italy
Luca Citino (Bank of Italy)
Feb 28th
Tax Professionals and Tax Evasion
Chiara Lacava (Goethe University Frankfurt)
Mar 6th
Taxing Labor and Capital in the Second-Best with Financial Market Imperfections
Alberto Petrucci (Luiss Guido Carli)
Mar 13th
The Increase in Earnings Inequality and Volatility in Italy: The Role and Persistence of Atypical Contracts
Salvatore Lattanzio (Bank of Italy)
Mar 20th
Working longer or opting out? Women's costly response to a recent pension reform
Elena Bassoli (Paris School of Economics)
Apr 3rd
Left and Right: A Tale of Two Tails of the Wealth Distribution
Marco Maria Sorge (University of Salerno, University of Göttingen, and CSEF)
Apr 10th
Born in the land of milk and honey: Hometown growth and individual wealth accumulation
Charlotte Bartels (German Institute for Economic Research)
Apr 17th
Population Aging, Cohort Replacement, and the Evolution of Income Inequality in the United States
Matthias Schief (OECD Economics Department)
May 8th
Climate change damages on labor and capital, inequality, and the social cost of carbon
Marie Young-Brun (University of Leipzig, Halle Institute for Economics Research)
May 15th
Trust in public institutions and the profile of inequality: a worldwide perspective
Flaviana Palmisano (Sapienza University of Rome)
May 22nd
The effects of tax incentives on migration: evidence from Italy
Giuseppe Ippedico (University of Nottingham, IZA, and GEP)
June 5th NEW!
Drivers of migration: The influence of neighbouring countries on destination choice
Rama Dasi Mariani (Roma Tre University) and Alberto Franco Pozzolo (Roma Tre University)
June 12th
Inequality as an Externality: Consequences for Tax Design
Morten Nyborg Støstad (FAIR Institute at the Norwegian School of Economics, WII)
Archive of Past Seminars
2023
December 13 - The Ins and Outs of the Gender Employment Gap: Assessing the Role of Fertility Salvatore Lo Bello (Bank of Italy)
December 6 - Assessing the Impact of Reduced Rates of VAT in the EU: Redistribution, Evasion, and Policy Design Federica Lanterna (Roma Tre University)
November 29 - Measuring the carbon content of wealth: evidence from France and Germany Yannic Rehm (Paris School of Economics)
November 15 - Knowledge economy, internal migration, and the effect on local labour markets Giulia Romani (University of Bologna)
November 8 - The Long Way to Gender Equality: Gender Pay Differences in Germany 1871-2021 Theresa Neef (DIW Berlin, FU Berlin, World Inequality Lab, EU Tax Observatory
October 25 - JAQ of All Trades: Job Mismatch, Firm Productivity and Managerial Quality Annalisa Scognamiglio (University of Naples Federico II and CSEF)
October 11 - Could financial education be a universal social policy? A simulation of potential influences on inequality levels Giovanni Gallo (University of Modena and Reggio Emilia)
October 4 - Careers and Wages in Family Firms: Evidence from Linked Administrative Data Edoardo Di Porto INPS, CSEF, University of Naples Federico II and Uppsala University)
September 20 - The Consequences of Domestic Outsourcing: Evidence from Italian Administrative Data Raffaele Saggio (University of British Columbia and NBER)
June 14 - The Income-Wealth-Emissions Triangle: Evidence from Italy Salvatore Morelli (Roma Tre University)
June 7 - The Wealth of Generations Luis Bauluz (CUNEF University)
May 31 - More Unequal or Not as Rich? Revisiting the Latin American Exception Marc Morgan (University of Geneva)
May 17 - Intergenerational Persistence in Wealth Inequality: Evidence from Germany Max Longmuir (Humboldt University of Berlin)
May 3 - Are “Good” Firms, Good for all Employees? An Investigation of Firm Fixed Effects at Occupational Level Matteo Targa (Rome Tre University)
April 19 - Women of Struggle: The Role of Women in the American Labor Movement Caroline Coly (Bocconi University)
April 12 - Who Should Get Money? Estimating Welfare Weights in the U.S. Francesco Capozza (Erasmus University Rotterdam)
March 22 - The Role of Industries in Rising Inequality Cristina Tealdi (Heriot-Watt University)
March 15 - The EU Fit-for-55 Climate Action: A Distributive Analysis for Italy Benedetta Mina (Tor VergataUniversity of Rome)
February 15 - Differences Set in Stone: Evidence on the Inequality-Mobility Trade Off in Italy Francesca Subioli (Sapienza University of Rome)
February 8 - Incomes and Employment of Italian Women, 1900-1950 Giacomo Gabbuti (Sant’AnnaSchool of Advanced Studies)
January 25 - Dual Taxation, Portfolio Reshuffling and Income Inequality Alice Sodano (Paris School of Economics)
January 11 - Measuring Wealth: Income Capitalization with Heterogeneous Rates of Returns Roberto Iacono (Norwegian University of Science and Technology)
2022
December 14 - Migration and Local Public Finance: Evidence from Italy Rama Dasi Mariani(Roma Tre University)
December 7 - A Dip in the Bigger Pond – Access to Top Universities and Academic Performance Monica Langella (University of Naples Federico II)
November 30 - Technological Change and Preferences for Redistribution Nina Sophia Weber (King’s College London)
November 23 - Wealth Accumulation and Institutional Capture: the Rise of the Medici and the Fall of the Florentine Republic Marianna Belloc (Sapienza University of Rome)
November 9 - Does a Wealth Tax Improve Equality of Opportunity? Kristoffer Berg (University of Oxford)
October 19 - Who Gets the Flow? Financial Globalisation and Wealth Inequality Simone Arrigoni (Trinity College Dublin)
October 5 - Minimum Wage Employment Effects and Labor Market Concentration Emiliano Huet-Vaughn (Pomona College)
September 13 - The electoral response to inequality-increasing policy: evidence from Israel, 2003-2006 Yonatan Berman (King's College London)
June 15 - Is Working Enough to Escape from Poverty? A Study on Lowpaid Workers in Italy Michele Bavaro (Roma Tre University -Economics)
May 30 - On Top of the Top: A Generalized Approach to the Estimation of Wealth Distributions Franziska Disslbacher (Roma Tre University -Law)
May 24 - Monetary Policy, Asset Prices, and the Distribution of Wealth in the US Giacomo Rella (Roma Tre University –Law)
April 26 - Global Distributions of Capital and Labor Incomes: Capitalization of the Global Middle Class Marco Ranalid (University College London)
