110th Annual Conference Proceedings, 2017

Philadelphia, PA

Presidential Address

Victoria Perry, 2017 Presidential Address

Daniel M. Holland Medal

Tribute to James R. Hines Jr., winner of the 2017 Daniel M. Holland Medal

Plenary Panel on “The State of Tax Reform”


  1. November 9, 2017

    1. Issues in State and Local Public Finance

      1. Daphne Kenyon (Lincoln Institute of Land Policy), Adam Langley (Lincoln Institute of Land Policy), Bethany Paquin (Lincoln Institute of Land Policy) and Robert Wassmer (California State University, Sacramento), The Economic and Fiscal Effects of Property Tax Abatement in an Urban County [slides]
    2. Unintended Consequences of Tax-Benefit Systems

      1. Enda Hargaden (University of Michigan) and Barra Roantree (Institute for Fiscal Studies), Taxpayer Responsiveness and Statutory Incidence: Evidence from Irish Social Security Notches
    3. Tax Enforcement

      1. Jason DeBacker (University of South Carolina), Bradley Heim (Indiana University), Anh Tran (Indiana University), Melissa Vigil (Internal Revenue Service) and Alexander Yukavage (Office of Tax Analysis),
        The Effects of IRS Audits on EITC Claimants
      2. Jan-Emmanuel De Neve (University of Oxford), Clement Imbert (University of Warwick), Maarten Luts (Belgium Ministry of Finance) and Johannes Spinnewijn, Behavioural insights and tax compliance: Evidence from large-scale field trials in Belgium [slides]
    4. Redistribution

      1. Benjamin Leff (American University), EITC to UBI: Implementing a Partial Universal Basic Income in the United States [slides]
      2. Zachary Liscow (Yale University), Is Efficiency Biased?
      3. Katherine Pratt (Loyola Law School Los Angeles), Learning to Live Without Form 1040 [slides]
    5. Profit Shifting

      1. Li Liu (International Monetary Fund), Tim Schmidt-Eisenlohr (Federal Reserve Board), International Transfer Pricing and Tax Avoidance: Evidence from the linked Tax-Trade Statistics in the UK [slides]
      2. Dhammika Dharmapala (University of Chicago Law School), Discussant comments on: “International Transfer Pricing and Tax Avoidance: Evidence from the linked Tax-Trade Statistics in the UK”
      3. Aaron Flaaen (Federal Reserve Board of Governors), The Role of Transfer Prices in Profit-Shifting by U.S. Multinationals: Evidence from the 2004 Homeland Investment Act
      4. Mindy Herzfeld (University of Florida), The Case Against Tax Coordination, Lessons from BEPS [slides]
    6. Taxes and Business Executives

      1. Hojong Shin (Michigan State University), Transfer of Control and Ownership Structure in Family Firms [slides]
      2. Helen Miller (Institute for Fiscal Studies), Deconstructing taxable income elasticities of company owner-managers [slides]
    7. Welfare and Labor Market Participation

      1. Florian Buhlmann (ZEW – Centre for European Economic Research), Benjamin Elsner (Institute for the Study of Labor (IZA)), Andreas Peichl (University of Munich), Tax Refunds and Income Manipulation Evidence from the EITC
      2. Jacob Bastian (University of Chicago), Unintended Consequences? More Marriage, More Children, and the EITC
    8. Infrastructure

      1. Elliott Dubin (Multistate Tax Commission), Robert Ebel (Connecticut Tax Tax Sudy Panel), Yameng Wang (World Bank), The Role of User Charges in Funding the Flow of Infrastructure Services in the U.S
      2. Richard Bird (University of Toronto), Enid Slack (University of Toronto), Financing Infrastructure: Who Should Pay?
    9. Tax Avoidance, Evasion and Income Sheltering in Individual Taxation

      1. Carolin Holzmann (FAU Erlangen-Nürnberg), Felix Kreidl (FAU Erlangen-Nürnberg), Stock Market Behavior on Ex-Dividend Dates: The Case of Cum-Ex Transactions in Germany [slides]
      2. Frank Fossen (University of Nevada, Reno), Ray Rees (University of Munich), Davud Rostam-Afschar (Universitaet Hohenheim), Viktor Steiner (Free University of Berlin), How Do Entrepreneurial Portfolios Respond to Income Taxation?
    10. International Tax Relations and Differences in Tax Policy

      1. Antonios Koumpias (University of Michigan-Dearborn), Jorge Martinez-Vazquez (Georgia State University ), Gabriel Leonardo (Georgia State University), How Do Governments around the World Shape Tax Morale? [slides]
      2. Sunghoon Hong (Korea Institute of Public Finance), Tax Treaty Networks and Ownership Structures of Multinational Corporations
    11. Business Tax Regimes and Income Inequality

      1. Annette Alstadsæter (Norwegian University of Life Sciences), Martin Jacob (WHU – Otto Beisheim School of Management), Wojciech Kopczuk (Columbia University), Kjetil Telle (Research Department), Accounting for Business Income in Measuring Top Income Shares: Integrated Accrual Approach Using Individual and Firm Data from Norway
    12. Public Employee Retirement Programs

      1. Robert Clark (North Carolina State University), Robert Hammond (North Carolina State University), Melinda Morrill (North Carolina State University), David Vanderweide (NC General Assembly), Navigating complex financial decisions at retirement: Evidence from annuity choices in public sector pensions
      2. Richard Johnson (Urban Institute), The Impact of Recent State Pension Reforms on Teacher Benefits: A Case Study of California Teachers [slides]
    13. State and Local Sales Tax Policy Effects

      1. Gregory Burge (University of Oklahoma), Cynthia Rogers (University of Oklahoma), Do State Sales Taxes Crowd-Out Local Option Sales Taxes in the United States?
      2. Lorenz Kueng (Northwestern University), Shopping for Lower Sales Tax Rates
    14. Child-Related Tax Benefits

      1. Kevin Mumford (Purdue University), Paul Thomas (Purdue University), Fertility Response to the Tax Treatment of Children
      2. David Splinter (Joint Committee on Taxation), Who Pays No Tax? The Declining Fraction of Adults Paying Income Taxes and Increasing Tax Progressivity
    15. Sales Taxes and VATs

      1. Justin Ross (Indiana University), Felipe Lozano-Rojas (Indiana University), Sales Tax Holidays : Evidence on Incidence
      2. Daniel Shaviro (New York University), The Rise and Fall of the Destination-Based Cash Flow Tax: What Was That All About? [slides]
    16. Policy determinants of college attendance and labor market success

      1. Zachary Liscow (Yale University), William Woolston (Nuna Health), Does Legal Status Affect Educational Attainment in Immigrant Families?
    17. Fungibility, Hassles, and Ordeals in Social Insurance Programs

      1. Manasi Deshpande (University of Chicago), Yue Li (University at Albany, SUNY), Who Is Screened Out? Application Costs and the Targeting of Disability Programs
      2. Matthew Notowidigdo (Northwestern University), SNAP Take-Up Evaluation
    18. Market Effects of Corporate Taxation

      1. Sudarshan Jayaraman (Simon Business School), S.P. Kothari (MIT Sloan School of Management), Karthik Ramanna (Harvard University), Capture and Competition: The Role of Product Market Competition in Reallocating Rents from Regulatory Capture
      2. Maximilian Todtenhaupt (University of Mannheim & Centre for European Economic Research), Johannes Voget (University of Mannheim), International Taxation and Productivity Effects of M&As
    19. Public policy in European Regions

      1. Kai Gehring (University of Zurich), Stephan Schneider (Heidelberg University), Regional Resources and Democratic Secessionism
      2. Thushyanthan Baskaran (University of Siegen), Mariana Lopes da Fonseca (Max Planck Institute for Tax Law and Public Finance), Appointed public officals, social ties, and local favoritsm: Evidence from the German States
    20. Pensions and School Finance

      1. Sutirtha Bagchi (Villanova University), Do Unfunded Obligations of Public-Sector Pension Plans get capitalized into House Prices?
      2. Jinsub Choi (Seoul National University), The effect of school finance centralization on school revenue and spending: Evidence from a reform in Michigan
    21. Education finance and student achievement

      1. John Guyton (Internal Revenue Service), Dayanand Manoli (UT-Austin), Brenda Schafer (Internal Revenue Service), Michael Sebastiani (Internal Revenue Service), Nicholas Turner (US Treasury), Tax Knowledge and College: Do IRS Reminder Notices Affect Tax-Based Aid Use?
    22. The Efficacy of State and Local Fiscal Policy in Promoting Economic Growth

      1. John Anderson (University of Nebraska), Jennifer Bernard (University of Nebraska-Lincoln), Temporal and spatial effects of state taxes on economic growth
      2. Amira Alghumgham (Howard University), Do Publicly-Subsidized Economic Development Projects Increase the Economic Growth in Their Neighborhoods? [slides]
    23. Finance and Business Taxes

      1. Sebastian Eichfelder (Otto von Guericke University Magdeburg), Mona Lau (Freie Universität Berlin), Felix Noth (Leibniz Institute for Economic Research and Otto-von-Guericke University), The Impact of Financial Transaction Taxes on Stock Markets: Timing, Heterogeneity, and Migration
    24. Tax Competition and Location Choice

      1. Lilian Faulhaber (Georgetown University Law Center), The Trouble with Tax Competition: From Practice to Theory
    25. Asset Decumulation in Retirement

      1. Anthony Webb (The New School), Lapses in Long-Term Care Insurance [slides]
      2. John Ameriks (The Vanguard Group, Inc.), Joseph Briggs (Federal Reserve Board of Governors), Andrew Caplin (NYU), Matthew Shapiro (University of Michigan), Christopher Tonetti (Stanford GSB), Late-in-Life Risks and the Under-Insurance Puzzle
      3. C. Adam Bee (U.S. Census Bureau), Joshua Mitchell (U.S. Census Bureau), Do Older Americans Have More Income than We Think? [slides]
  2. November 10, 2017

    1. Behavioral Political Economy

      1. Emiliano Huet-Vaughn (Middlebury College), Andrea Robbett (Middlebury College), Matthew Spitzer (Middlebury College), A Taste for Taxes: Minimizing Distortions Using Political Preferences
    2. Taxing the Future

      1. Jay Soled (Rutgers University), Kathleen Thomas (UNC School of Law), Automation and Its Transformation of the Income Tax
      2. Susan Morse (University of Texas School of Law), Automated Law Liability [slides]
    3. Measuring Tax Avoidance and its Real Effects

      1. Ruud de Mooij (International Monetary Fund), Li Liu (International Monetary Fund), At A Cost: the Real Effect of Transfer Pricing Regulations on Multinational Investment
      2. Fatih Guvenen (University of Minnesota), Raymond Mataloni (U.S. Department of Commerce), Dylan Rassier (Bureau of Economic Analysis), Kim Ruhl (Pennsylvania State University), Offshore Profit Shifting and Domestic Productivity Measurement
    4. Optimal Tax III

      1. Robin Boadway (Queen’s University), Jean-Denis Garon (Université du Québec à Montréal), Louis Perrault (Georgia State University), Optimal taxation, credit constraints and the timing of income-tested transfers
    5. Boundaries, Taxes, and Pricing

      1. David Sjoquist (Georgia State University), (Susan) Xu Tang (Georgia State University), Differential Effects of Federal and State Gasoline Taxes on Gasoline Consumption
      2. Daniel Dodds (Montana Department of Revenue), Interstate Migration and State Taxes: A Natural Experiment in Montana
    6. Equity Markets and Taxes

      1. Anne Ehinger (University of Georgia), Josh Lee (University of Georgia), Bridget Stomberg (Indiana University), Erin Towery (University of Georgia), Let’s talk about tax: The determinants and consequences of income tax mentions during conference calls
      2. Shane Heitzman (University of Southern California), Rebecca Lester (Stanford University), Net Operating Loss Carryforwards and Corporate Financial Policies
      3. Erin Henry (University of Memphis), Kewei Hou (The Ohio State University), Tax Expense and Aggregate Stock Returns
    7. Local Political Economy

      1. Igor Cunha (University of Kentucky), Can Credit Rating Agencies Affection Election Outcomes?
      2. Mitra Akhtari (Harvard University), Diana Moreira (UC Davis), Laura Trucco (NYU), Political Turnover, Bureaucratic Turnover, and the Quality of Public Services
    8. Technology and Public Finance

      1. Eric Dodge (Evidence for Policy Design), Charity Moore (Harvard University), Yusuf Neggers (Brown University), Rohini Pande (Harvard University), Having it at Hand: How Small Search Frictions Impact Bureaucratic Efficiency
    9. Local Taxes and Boundaries

      1. Max Löffler (ZEW and University of Cologne), Sebastian Siegloch (University of Mannheim), Property Taxation, Housing, and Local Labor Markets: Evidence from German Municipalities
      2. Robert Wassmer (California State University, Sacramento), Ronald Fisher (Michigan State University), Four Decades of Prop 13: Property Tax Knowledge and Support in California [slides]
      3. David Coyne (Federal Trade Commission), Crossing the Border: How Political Boundaries Affect Gas Price Competition and State Motor Fuels Tax
    10. Offshore Tax Evasion

      1. Sonja Pippin (University of Nevada Reno), Jeffrey Wong (University of Nevada Reno), Richard Mason (University of Nevada Reno), Perceived and Actual Consequences of the Foreign Account Tax Compliance Act: A Survey of Americans Living Abroad [slides]
      2. Lisa De Simone (Stanford Graduate School of Business), Rebecca Lester (Stanford University), Kevin Markle (University of Iowa), Transparency and the Location of Assets: Evidence from the Foreign Account Tax Compliance Act (FATCA)
      3. Vincent Bouvatier (Université de Paris Ouest – Nanterre La Défense, Gunther Capelle Blancard (Paris 1 Pantheon_Sorbonne), Anne-Laure Delatte (CNRS), European banks and Tax Havens
    11. Optimal tax IV

      1. Daniel Jaqua (Albion College), Daniel Schaffa (University of Richmond), Pigouvian Taxation with Costly Administration and Multiple Externalities
      2. Pierre Dubois (Toulouse School of Economics), Rachel Griffith (IFS ), Martin O’Connell (Institute for Fiscal Studies), How well targeted are soda taxes?
    12. Inequality

      1. Jorge Barro (Rice University), Efraim Berkovich (University of Pennsylvania), Nonlinear taxation in an economy with heterogeneous firms and heterogeneous households
      2. Constantine Angyridis (Ryerson University), Endogenous Growth, Inequality and the Composition of Government Expenditures
    13. Financial Reporting for Taxes

      1. Katharine D. Drake (Eller School of Management), Russ Hamilton (The University of Arizona), Stephen Lusch (Texas Christian University), The sources of declining effective tax rates for multinational and domestic firms: Insight from effective tax rate reconciliations
      2. Andrew Finley (Claremont McKenna College), The Impact of Tax Settlement Favorability on Firms’ Subsequent Tax Avoidance
    14. Non-Standard Responses to Taxation: Tax Salience and Tax Morale

      1. Johannes Rincke (University of Erlangen-Nuremberg), Administrative Efficiency and Tax Compliance [slides]
      2. Giacomo Brusco (University of Michigan) and Benjamin Glass (University of Michigan), Attending to Inattention: Estimating Deadweight Loss under Non-Salient Taxes
    15. Graduate Student Poster Session

      1. Sian Mughan (Indiana University), On the Emergence and Influence of Fiscal Incentives on Judicial Decision Making: Evidence from Drivers’ License Suspensions in Indiana
  3. November 11, 2017

    1. Tax Planning Consequences

      1. Lisa De Simone (Stanford Graduate School of Business), Kenneth Klassen (University of Waterloo), Jeri Seidman (University of Virginia – McIntire School), Are Multinational Companies “Fooled” by Their Own Tax Planning?
      2. Daniel Saavedra (UCLA), Braden Williams (University of Texas at Austin), Aggressive Income Shifting and Debt Contracting
      3. Aparna Mathur (American Enterprise Institute), Kartikeya Singh (PricewaterhouseCoopers), Economic Substance Requirements and Multinational Firm Behavior
    2. Affordable Housing Policy

      1. Franklin Qian (Stanford University), Rebecca Diamond (Stanford University), The Effects of Rent Control Expansion on Tenants, Landlords, and Inequality: Evidence from San Francisco
      2. Eric Chyn (University of Virginia), Moved to Opportunity: The Long-Run Effect of Public Housing Demolition on Labor Market Outcomes of Children
      3. Morris Davis (Rutgers Business School, Rutgers University), Jesse Gregory (University of Wisconsin), Daniel Hartley (Federal Reserve Bank of Chicago), Kegon Tan (The University of Rochester), Neighborhood Choices, Neighborhood Effects and Housing Vouchers
      4. Dusan Paredes (Universidad Catolica del Norte), Mark Skidmore (Michigan State University), The Net Benefit of Demolishing Dilapidated Housing
    3. Public-Finance Applications of Dynamic Model

      1. John Diamond (Rice University), George Zodrow (Rice University), Joyce Beebe (Rice University ), The Dynamic Effects of Eliminating or Curtailing The Home Mortgage Interest Deduction [slides]
      2. Robert Carroll (Ernst & Young), Brandon Pizzola (Ernst & Young), The EY Overlapping Generations Computable General Equilibrium Model: Overview and Application to Energy, Environmental, and Tax Policy [slides]
      3. Aaron Butz (Ernst & Young), Information Sets and Dynamic Scoring [slides]
    4. Tax Policy and Health

      1. David Powell (RAND), How Increasing Medical Access to Opioids Contributes to the Opioid Epidemic: Evidence from Medicare Part D
      2. Bondi Arifin (Georgia State University), The Impact of Public Hospital Availability in Underdeveloped Areas on Medical Care Utilization
    5. Analyses of Labor Supply Using Administrative Data

      1. Alexander Gelber (UC Berkeley), Using Kinked Budget Sets to Estimate Extensive Margin Responses: Method and Evidence from the Social Security Earnings
    6. Transfer Programs

      1. Santiago Saavedra (Stanford University) and Mauricio Romero (UC San Diego), Local incentives and national tax evasion: The response of illegal mining to a tax reform in Colombia
    7. Capital Gains and Wealth Taxation

      1. David Miller (Proskauer Rose LLP), A comprehensive mark-to-market tax
      2. Ari Glogower (Moritz College of Law – The Ohio State University), Taxing Income and Wealth
      3. David Kamin (New York University), Jason Oh (UCLA School of Law), The Effects of Capital Gains Rate Uncertainty on Realization
    8. Social Security and Household Finance

      1. Sita Slavov (George Mason University), Devon Gorry (Utah State University), Aspen Gorry (Utah State University), Frank Caliendo (Utah State University), Social Security and Saving: An Update
      2. Brooke Helppie-McFall (University of Michigan), The impact of real and hypothetical wealth losses on retirement expectations in the Cognitive Economics and Health and Retirement Studies [slides]
    9. Cash Flow Taxation

      1. Jason DeBacker (University of South Carolina), Cash Flow Taxes, Investment, and Corporate Financial Policy
    10. Much Ado About Bunching

      1. DAIXIN HE (Chinese Academy of Social Sciences), Langchuan Peng (Zhongnan University of Economics and Law), Xiaxin Wang (UCSD), Understanding the Elasticity of Taxable Income: A Tale of Two Approaches
      2. Tuomas Kosonen (Labour Institute for Economic Research), Tuomas Matikka (VATT Institute for Economic Reasearch), Discrete Earnings and Optimization Errors: Evidence from Student’s Responses to Local Tax Incentives
    11. Third-Party Reporting in High Income Countries

      1. Karen Masken (IRS), Paid Preparer Penalties: Are they Effective? [slides]
      2. Ben Meiselman (University of Michigan), Ghostbusting in Detroit: Evidence on nonfilers from a controlled field experiment
    12. Taxation of Firms

      1. Luis Alejos (University of Michigan), Firms’ (mis)reporting under a minimum tax: Evidence from Guatemalan corporate tax returns
    13. Tax Law and Finance

      1. Daniel Hemel (University of Chicago Law School), Gambling for Good [slides]
    14. Economic Effects of Local Subsidies

      1. Zhong Jin (Iowa Department of Revenue), Competing with Other States: Evaluating Iowa’s Job Creation Business Tax Credit Programs
      2. Fahad Fahimullah (District of Columbia Government), Yi Geng (Washington DC OCFO), Bradley Hardy (American University), Daniel Muhammad (District of Columbia/OCFO), Jeffrey Wilkins (District of Columbia Government), $15 Minimum Wage Policy: The Effect on Workers and a Work-Based Safety Net [slides]
    15. Defined Contribution Plan Accumulation Behavior

      1. Mathias Dolls (ZEW Mannheim), Philipp Doerrenberg (ZEW Mannheim), Andreas Peichl (University of Mannheim), Holger Stichnoth (ZEW Mannheim), Do savings increase in response to salient information about retirement and expected pensions?
    16. The Importance of Business Tax Credits, Deductions, and Asymmetries

      1. Eliezer Fich (Drexel University), Edward Rice (University of Washington)), Anh Tran (City University London), Corporate tax cuts, merger activity, and shareholder wealth
    17. Macroeconomic Applications of Sufficient Statistics

      1. Adrien Auclert (Stanford), Matthew Rognlie (Princeton University), Inequality and Aggregate Demand
      2. Matthew Notowidigdo (Northwestern University), Quantifying the Welfare Gains of Variety: A Sufficient Statistics Approach
      3. Trevor Gallen (Purdue University), Is the labor wedge due to rigid wages? Evidence from the self-employed
    18. Business Taxes and the Real Economy

      1. Gustavo Camilo (Cornerstone Research), Daniel Wills (Universidad de Los Andes), Taxing Firms Facing Financial Frictions [slides]
      2. Kazuki Onji (Osaka University), Discussant comments on: “Taxing Firms Facing Financial Frictions”
      3. Julian Atanassov (University of Nebraska), Xiaoding Liu (University of Oregon), Taxes, Pledgeable Income and Innovation