BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//Memento EPFL//
BEGIN:VEVENT
SUMMARY:Corporate tax avoidance\, firm size\, and capital misallocation
DTSTART:20231013T110000
DTEND:20231013T121500
DTSTAMP:20260428T115513Z
UID:6ddcb051897af74afa67af8739beccad977d04e921e60c4aaedb55d4
CATEGORIES:Conferences - Seminars
DESCRIPTION:Oliver Levine - University of Wisconsin-Madison\nWe develop a 
 general equilibrium model to study how corporate tax avoidance affects fir
 m policies and aggregate outcomes. Tax avoidance and investment are comple
 mentary inputs\, leading the largest firms to engage in the most avoidance
  and face the lowest effective tax rates\, consistent with the data. We fi
 nd that tax avoidance significantly increases both the average firm size a
 nd concentration\, disproportionately benefiting large firms. Tax avoidanc
 e also generates capital misallocation\, lowering productive efficiency an
 d welfare. We estimate the model to quantify the costs and benefits of tax
  avoidance and evaluate the equilibrium effects of changes to the statutor
 y tax rate and costs of avoidance.
LOCATION:UniL Campus\, Room Extra 126
STATUS:CONFIRMED
END:VEVENT
END:VCALENDAR