Wealth Taxation: The Key to Unlocking Capital Gains

Research on Monday
coins in a tin box
Speaker
Floris Zoutman
Date
Monday 7 Oct 2024, 11:30 - 12:30
Type
Seminar
Room
2-14
Building
Polak Building
Add to calendar
coins in a tin box

Floris’ research spans the fields of Public Economics, Public Finance, Political Economics, Financial Economics and Economics of Crime. He obtained his PhD in our school, and his work has since been published in several top journals. He will present the paper Wealth Taxation: The Key to Unlocking Capital Gains. You can find the abstract below.

We study how wealth taxes affect portfolio choice in the presence of a realization-based tax on capital gains. We develop a two-period model with heterogeneous investors. Capital gains taxations distort portfolio choice by providing an incentive to postpone realization. 

We show that a wealth tax levied alongside the capital gains tax can eliminate this distortion for all investors. We develop an optimal-tax model that trades of equity gains from the capital-gains and wealth tax to efficiency losses related to intertemporal and portfolio choice, and derive an elasticity-based empirical criterion for the desirability of a wealth tax.

Registration for bilateral, lunch or dinner

If you would like to meet the guest speaker for a bilateral, join for lunch or dinner, then please register by filling in the registration form.

See also

Parental Leave from the Firm’s Perspective

Gözde Corekcioglu Ishakoglu (Ozyegin University and IZA)
Man and pregnant sitting on a bench with baby shoes in their hands

What Drives Reskilling Decisions? Evidence from a Discrete Choice Experiment with Unemployed Jobseekers

Elisabeth Leduc (Erasmus School of Economics)
Image of the campus woudestein, showcasing the flags of the School's and Institutes

3rd Tinbergen Institute Public Economics Workshop

Bringing together leading scholars in public economics and adjacent fields from around the world.
ESE - Theil Building

Compare @count study programme

  • @title

    • Duration: @duration
Compare study programmes