【AEW Webinar】Perceptions, Beliefs, and Mindsets Shaping Policy Views

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• 研討會日期 : 2025-10-16
• 時間 : 08:30
• 主講人 : Professor Stefanie Stantcheva
• 地點 : Register and join online
• 演講者簡介 : Professor Stefanie Stantcheva received her Ph.D. in Economics from the Massachusetts Institute of Technology in 2014. She is currently a Nathaniel Ropes Professor of Political Economy at Harvard University. She studies the taxation of firms and individuals, as well as how people understand, perceive, and form their attitudes towards economic issues and policies.
• 演講摘要 : In this lecture, I investigate how perceptions, mindsets, and beliefs influence public attitudes toward economic policies, building on existing research. I introduce a conceptual framework that highlights the roles of self-interest, broader societal impacts, and cognitive mindsets—such as zero-sum thinking and partisanship—in shaping policy preferences. Using evidence from large-scale social economics surveys, I explore four policy areas– taxation, climate action, inflation management, and trade– and provide evidence on the factors driving policy support.
• Working Paper Title : Wages, Taxes, and Labor Supply Elasticities: The Role of Social Preferences
• Working Paper Speaker : Professor Janjala Chirakijja
• Working Paper Speaker Biography : Professor Janjala Chirakijja received her Ph.D. in Economics from Northwestern University in 2018. She is currently a Senior Lecturer at Monash University. Her research interests are Labor Economics, Applied Microeconomics, and Public Economics.
• Working Paper Abstract : We show that social preferences (e.g. warm glow or spite) towards tax-funded government expenditures induce differences between the wage and net-of-tax rate elasticities of labor supply in canonical models. In a large-scale vignette experiment in the US, we find that wage elasticities of labor supply are meaningfully larger than their net-of-tax rate counterparts, consistent with positive social preferences. We show relevance for real labor market decisions by building on an existing meta-analysis of the elasticity of taxable income. Hence, models calibrated using net-of-tax rate elasticities when wage elasticities are more suitable understate the labor supply response of individuals.