Episode 11
Can We Do Something about Tax Evasion? -- with Juliana Londoño-Vélez
January 20th, 2021
24 mins 57 secs
Season 2
About this Episode
Progressive wealth taxes may be difficult to enforce if wealthy individuals underreport their wealth, but disclosure incentives and greater enforcement can improve tax collection.
Juliana Londoño-Vélez presents her work with Javier Avila-Mahecha which uses rich administrative data from Colombia and leverages a government-designed program for voluntary disclosures of hidden wealth, as well as the threat of detection triggered by the Panama Papers leak.
Paper:
"Enforcing Wealth Taxes in the Developing World: Quasi-Experimental Evidence from Colombia" by Juliana Londoño-Vélez & Javier Ávila-Mahecha
https://www.aeaweb.org/articles?id=10.1257/aeri.20200319&from=f
Recommendation
- "Good Economics for Hard Times: Better Answers to Our Biggest Problems" (2019) by Abhijit V. Banerjee, Esther Duflo https://www.goodreads.com/book/show/51014619-good-economics-for-hard-times
- "Markets, Minds, and Money: Why America Leads the World in University Research" (2020) by Miguel Urquiola https://www.hup.harvard.edu/catalog.php?isbn=9780674244238