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PRODID:-//AMSE//Event Calendar//FR
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UID:event-10990@amse-aixmarseille.fr
DTSTAMP:20260430T153340Z
CREATED:20260430T153340Z
LAST-MODIFIED:20260430T153340Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:finance seminar - Julien Sauvagnat
DTSTART:20240521T083000Z
DTEND:20240521T100000Z
DESCRIPTION:We study the relationship between corporate taxation and carbon
  emissions in the U.S. We show that dirty firms pay lower profit taxes. Thi
 s relationship is driven by dirty firms benefiting disproportionately more 
 from the tax shield of debt due to their higher leverage. In addition\, we 
 document that the higher leverage of dirty firms is fully accounted for by 
 the larger share of tangible assets owned by such firms. We build a general
 -equilibrium multi-sector economy and show that a revenue-neutral increase 
 in profit taxation could lead to large decreases in aggregate carbon emissi
 ons without any noticeable change in GDP.\\n\\nContact: Eric Girardin: eric
 .girardin[at]univ-amu.frGaël Leboeuf: gael.leboeuf[at]univ-amu.frChristell
 e Lecourt: christelle.lecourt[at]univ-amu.fr\n\nPlus d'informations: https:
 //amse-aixmarseille.fr/en/events/julien-sauvagnat-2
LOCATION:MEGA - Salle de réunion 236 Cézanne\, 424\, Chemin du Viaduc\, 1
 3080 Aix-en-Provence
URL;VALUE=URI:https://amse-aixmarseille.fr/en/events/julien-sauvagnat-2
CONTACT:Eric Girardin: eric.girardin[at]univ-amu.frGaël Leboeuf: gael.lebo
 euf[at]univ-amu.frChristelle Lecourt: christelle.lecourt[at]univ-amu.fr
TRANSP:OPAQUE
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