About the event
Format and Rules
The seminar is held on Zoom and lasts 60 minutes including questions. A moderator will collect audience questions in chat or using the 'raise hand' function. Please stay muted until called by the moderator and/or the presenter.
Seminars will be recorded and available on this website a few days after. Please note that you may be recorded if you activate your video or speak during the seminar.
Abstract: We study how profit taxes affect the innovative behavior of firms. We use Germany as a laboratory, exploiting substantial variation in the local business tax rate within and across municipalities. We find that an increase in the local business tax rate significantly reduces firms' R&D spending along various margins. Moreover, we find reductions in innovation output as measured by the (citation-weighted) number of filed patents. Effects on spending materialize almost immediately after a tax rate increase, while effects on patents appear with some lag.
Please check back closer to the event for more details.
- The online seminars are held on Zoom and last 75 minutes; 60 minutes are allocated to the seminar and 15 minutes for discussion
- The online seminars are held on Zoom and last 60 minutes including discussion.
- The link to each seminar will appear above prior to the start time. Please email h.ku@ucl.ac.uk si.xu.20@ucl.ac.uk if you have not received the password by the day of the seminar.
- The moderator will collect audience questions in chat or using the 'raise hand' function, but feel free to interrupt the presenter for short questions or clarifications.
- Please keep your camera on and your microphone off except when asking questions.
- CReAM Office
Department of Economics
University College London
Drayton House
30 Gordon Street
London WC1H 0AX
020 3549 5390
cream@ucl.ac.uk
Closest tube stations:
Euston, Euston Square