ECON6010: Public Economics
Assignment
公共经济代写 Economists Emmanuel Saez and Gabriel Zucman have advocated for the introduction of a progressive annual tax on wealth.
Option 1
Economists Emmanuel Saez and Gabriel Zucman have advocated for the introduction of a progressive annual tax on wealth. Assess the economic arguments for and against the introduction of a progressive wealth tax. Your analysis should discuss, but not be limited to, i) the equity and eciency considerations of taxing wealth; ii) enforceability and design considerations; iii) how a wealth tax would interact with existing or alternative taxes (e.g. inheritance tax); iv) empirical evidence on the eects of a tax on wealth; and v) any unintended consequences you can foresee and how these could potentially be avoided.
Option 2 公共经济代写
Outline the economic theory supporting a specic government intervention of your choice, and evaluate the empirical evidence for the eectiveness of the intervention. If you choose this option you MUST have your chosen government policy intervention approved by me.
This requires you to submit (by email) a brief description of your chosen policy and at least two relevant papers that you intend to use to evaluate the policy. This must be done by Monday 18 October.
Directions
This assignment will assess three things. First, your ability to apply the concepts of public economics, including trade-os between eciency and equity, to a policy issue. You should identify relevant concepts and use these to build an argument for or against the introduction of a wealth tax.
The second area of assessment is the use of empirical evidence. You should discuss the results of two (or more) empirical research papers. To achieve the highest grade, you should evaluate these (and possibly other) papers criticallywhat assumptions are being made for the estimated eects to be valid, and are these assumptions reasonable?
The nal area of assessment is the overall structure and argument you present. The conclusion you reach is not important, as long as it follows logically from the argument you have presented.
You should include a list of references used. Any consistent citation style is acceptable. Guidelines on referencing from the library are here: https://libguides.library.usyd.edu.au/citation
There is a 1000 word limit for this assignment. You must include a word count on the rst page of your assignment. There is no requirement to meet this limit: shorter assignments can gain full credit.
Distribution of marks 公共经济代写
The assignment will be marked out of 20. Marks will be assigned as follows:
10 Use and application of relevant economic theory
5 Evaluation of empirical evidence, including empirical strategy used and limitations of conclusions
5 Coherency of argument and conclusion, quality of writing, appropriate referencing
Submission
You must upload a PDF version of your assignment via Canvas. This will be processed with Turnitin (similarity detecting software). The process of submission will require a declaration of originality so no cover sheet is required.
Work not submitted on or before the due date is subject to late penalties. Details of the Faculty Resolutions and Provisions regarding late work are available here: https://sydney.edu.au/handbooks/arts_PG/rules/faculty_resolutions.shtml. Extensions and special consideration will only be given through the ocial University system.
Relevant literature 公共经济代写
Jakobsen, Katrine, et al. “Wealth taxation and wealth accumulation: Theory and evidence from Denmark.” The Quarterly Journal of Economics 135.1 (2020): 329-388. (Link)
Saez, Emmanuel, and Gabriel Zucman. “Progressive wealth taxation.” Brookings Papers on Economic Activity 2019.2 (2019): 437-533. (Link) (See also the comments at the end the article by Wojciech Kopczuk and N. Gregory Mankiw)
Scheuer, Florian, and Joel Slemrod. “Taxing our wealth.” Journal of Economic Perspectives 35.1 (2021): 207-30. (Link)
Seim, David. “Behavioral responses to wealth taxes: Evidence from Sweden.” American Economic Journal: Economic Policy 9.4 (2017): 395-421. (Link)
