AØKA08185U Tax Policy
MSc programme in Economics – elective course
The PhD Programme in Economics at the Department of Economics:
- The course is an elective course with research module. PhD students must contact the study administration AND the lecturer in order to register for the research module and write the research assignment.
The course gives an overview on the basic models used to analyze the efficiency implications and optimal design of tax policy. The course puts emphasis on linking formal analysis to empirical analysis and to discuss implications of theoretical and empirical findings for real world tax policy.
After completing the course, the student is expected to be able to:
Knowledge:
Understand the concept of tax incidence including key theoretical predictions as well as common strategies for empirical measurement.
Understand the concept of economic efficiency including theoretical predictions as well as common strategies for empirical measurement.
Account for the concept of tax salience as well as its implications for tax incidence and economic efficiency
Know key facts about commodity taxation in the real world
Understand the economic intuition behind theories of optimal commodity taxation as well as their implications for practical policy making
Account for the concept of self-control problems (including how it can be modelled in economic theory) and its implications for optimal commodity taxation
Know key facts about income taxation in practice
Understand the economic intuition behind theories of optimal income taxation as well as their implications for practical policy making
Know key facts about firm taxation in practice
Understand the economic intuition behind theories of firm taxation as well as their implications for practical policy making
Understand the concept of internationaltax competition including key empirical facts and theoretical predictions
Know key institutional facts about offshore tax evasion
Account for theories of tax evasion and important empirical findings
Skills:
Derive predictions about tax incidence in simple theoretical models of partial equilibrium and interpret them in a straightforward language
Derive formulas that capture the measurement of of economic efficiency in a simple theoretical framework and interpret them in a straightforward language
Theoretically analyze tax incidence and economic efficiency under the assumption that tax salience is limited
Derive expressions that characterize optimal commodity taxation in the canonical Ramsey model and interpret them in a straightforward language
Derive expressions that characterize optimal commodity taxation in models assuming that some agents have self-control problems and interpret them in a straightforward language
Derive expressions that characterize optimal income taxation at the top and at the bottom of the income distribution as well as in the presence of exogenous tags and interpret them in a straightforward language
Derive expressions that characterize firm responses to dividend taxation under various assumptions about the firms and interpret them in a straightforward language
Derive predictions about corporate taxation under internationaltax competition and interpret them in a straightforward language
Competencies:
Discuss strengths and weaknesses of theoretical models of public finance ina straightforeward language
Discuss strengths and weaknesses of empirical strategies employed to measure key behavioral parameters in public finance
Discuss concrete policy issues using terms and concepts from the theory of taxation ina straightforeward language
The book “B. Salanié, The Economics of Taxation, Cambridge: MIT Press, 2003” serves as the main reference for most parts of the course. Research papers as well as lecture notes will complement the book.
Restrictions due to Coronavirus:
The teaching in this course may be changed to be taught either fully or partly online due to COVID-19. For further information, please see the course room on Absalon (for enrolled students).
2 hours lectures 1 to 2 times a week from week 36 to 50 (except week 42).
Schema:
The overall schema for the Master can be seen at KUnet:
MSc in Economics => "Courses and teaching" => "Planning and overview" => "Your timetable"
Timetable and venue:
To see the time and location of lectures please press the link under "Timetable"/"Se skema" at the right side of this page. E means Autumn.
You can find the similar information partly in English at
https://skema.ku.dk/ku2122/dk/module.htm
-Select Department: “2200-Økonomisk Institut” (and wait for respond)
-Select Module:: “2200-E21; [Name of course]”
-Select Report Type: “List – Weekdays”
-Select Period: “Efterår/Autumn”
Press: “ View Timetable
Please be aware:
- It is the students´s own responsibility to continuously update themselves about their studies, their teaching, their schedule, their exams etc. through the curriculum of the study programme, the study pages at KUnet, student messages, the course description, the Digital Exam portal, Absalon, the personal schema at KUnet and myUCPH app etc.
- Category
- Hours
- Lectures
- 42
- Preparation
- 161
- Exam
- 3
- Total
- 206
for enrolled students: Rules etc at Master(UK) and Master(DK)
Foreign students and guests: Information about admission requirements, application, tuition fee, registration at Study Economics.
Please read the curriculum before enrolment.
Gæste- og enkelfagsstuderende: Tilmelding via Uddannelse i Økonomi.
Læs studieordningen og om uddannelsen inden tilmelding.
- Credit
- 7,5 ECTS
- Type of assessment
- Written examination, 3 hours under invigilationas an ITX-exam in the exam venues of the university.
The exam assignment is in English and must be answered in English.
Changes due to Coronavirus:
In the event that COVID-19 restrictions may affect the conduction of the ITX-exams, the written exam and the re-sit exam will be changed to a 3½ hours take-home exam with all aids. If done so, the changes will be announced in study messages at KUnet, in the Digital Exam portal and here in the Exam section of the course description.
The take-home exams will still be individual and it is not allowed to communicate with any one about the exam assignment nor the solution at all. It is also prohibited to distribute data and other information at all. If this or alike actions happens, it will be regarded as cheating and plagiarism.
__ - Exam registration requirements
There are no requirements during the course that the student has to fulfill to be able to sit the exam.
__
- Aid
No aids allowed at the written ITX-exams.
If the ITX-exams are changed to take-home exams due to COVID-19, the written take-home exams will be with all aids.
For further information about allowed aids for the re-examination, please go to the section "Re-exam".
- Marking scale
- 7-point grading scale
- Censorship form
- No external censorship
at the written exams. The written ITX-exam may be chosen for external assessment by random sample.
An oral re-examination may be with external assessment.
____ - Exam period
The regular exam takes place:
21 December 2021
Exam information:
The exact time and place will be available in Digital Exam from the middle of the semester.
In special cases decided by the Department, the exam can change to another place, type, day and/or time than announced.
More information about examination, rules, aids etc. at Master students (UK) and Master students (DK).
__
- Re-exam
The written reexam takes place:
14 February 2022
If few students have registered for the written re-exam, it might change to a 20 min. oral exam without preparation time.
No aids allowed during the examination.
Due to COVID-19, the re-sit might change to a 20 minutes oral ONLINE exam with all aids, without preparation time.
Reexam info:
Exact type, day, time and place is available in Digital Exam in February.
In special cases decided by the Department, the re-sit can change to another place, type, day and/or time than announced.
More info: Master students (UK) and Master students (DK).
Criteria for exam assesment
Students are assessed on the extent to which they master the learning outcome for the course.
In order to obtain the top grade "12", the student must with no or only a few minor weaknesses be able to demonstrate an excellent performance displaying a high level of command of all aspects of the relevant material and can make use of the knowledge, skills and competencies listed in the learning outcomes.
In order to obtain the passing grade “02”, the student must in a satisfactory way be able to demonstrate a minimal acceptable level of the knowledge, skills and competencies listed in the learning outcomes.
Course information
- Language
- English
- Course code
- AØKA08185U
- Credit
- 7,5 ECTS
- Level
- Full Degree MasterPh.D.
- Duration
- 1 semester
- Placement
- Autumn
Go to 'Signup' for
information about registration and enrollment
_ - Schedule
- and venue for teaching:
Go to 'Remarks'.
For exam and re-sits: Go to 'Exam'. - Course is also available as continuing and professional education
- Study board
- Department of Economics, Study Council
Contracting department
- Department of Economics
Contracting faculty
- Faculty of Social Sciences
Course Coordinators
- Niels Johannesen (16-78736f767d387479726b78786f7d6f784a6f6d797838757f386e75)
Lecturers
See 'Course Coordinators'