Research
Work in Progress
Heterogeneous incidence of corporate tax cuts.
A theory of retained earnings vs. (un)realized gains taxation.
Master’s Thesis
How to Tax Housing? Property versus Rental Taxation
Selected as one of the Best Master’s Theses 2024–2025
Abstract
I study the differential welfare impact of two forms of housing taxation: property and rental income taxes. I first derive a fully theoretical, static model to characterize the welfare implications of budget-neutral reforms. I then develop a tractable model, that can be numerically simulated, to derive optimal tax rates under different specifications. Crucially, the optimal tax mix depends on the pass-through of the rental tax burden from landlords to their tenants, determining the effective tax incidence.Other Work
Extending Cavallo et al. (2024) to Heterogeneous Exposures to Energy Price Shocks
Summary
In the context of work on post-Covid inflation and its link with energy price shocks, I built on and extended the sticky price model of Cavallo et al. (2024). The extension introduces heterogeneity in firms’ exposure to energy price shocks, and therefore idiosyncrasy in their pricing responses.