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VERSION:2.0
PRODID:-//jEvents 2.0 for Joomla//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
BEGIN:VEVENT
UID:dff31dd6cd90bf52d3c3493d7ee8a317
CATEGORIES:Seminars
CREATED:20260902T064930
SUMMARY:Lunch Seminar: Emanuele Dicarlo - Bank of Italy
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:<p class="MsoNormal" style="margin-bottom: 12.0pt;"><strong><span lang="EN-
 US" style="font-size: 11.0pt; mso-ansi-language: EN-US; mso-fareast-languag
 e: EN-US;">Jeux sans frontières: Taxed Abroad, Served at Home. Cross-border
  Workers and the Municipal Budget</span></strong></p><p class="MsoNormal" s
 tyle="margin-bottom: 12.0pt;"><strong><span lang="EN-US" style="font-size: 
 11.0pt; mso-ansi-language: EN-US; mso-fareast-language: EN-US;">Abstract:</
 span></strong><span lang="EN-US" style="font-size: 11.0pt; mso-ansi-languag
 e: EN-US; mso-fareast-language: EN-US;"></span></p><p class="MsoNormal" sty
 le="text-align: justify;"><span lang="EN-US" style="font-size: 11.0pt; mso-
 ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-font-style: ita
 lic;">Under a 1974 bilateral agreement, cross-border workers living within 
 20 km of the Swiss border earn and pay income tax in Switzerland, but live,
  spend and use public services in Italy. We study the Italian municipalitie
 s along the border, where the 2002 EU–Switzerland free-movement agreement m
 ade the exemption bite: commuting from the eligible belt almost quadrupled.
  Using distance-band event studies and a kinked gradient at the 20 km line,
  we find that where the shock is largest the income-tax base leaves with th
 e commuters while residents stay, and the loss is absorbed by a growing pro
 perty-tax base, with no change in tax rates. Total revenues do not fall: th
 ey rise, and the more so the closer to the border. Policy responds instead 
 at the outer edge of the belt: municipalities cut the tax on residence wher
 e residents are still mobile and new ones may be attracted.</span><span lan
 g="EN-US" style="font-size: 11.0pt; mso-ansi-language: EN-US; mso-fareast-l
 anguage: EN-US;"></span></p>
DTSTAMP:20261111T004822Z
DTSTART:20261113T130000Z
DTEND:20261113T140000Z
SEQUENCE:0
TRANSP:OPAQUE
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