NATIONAL TAX ASSOCIATION
95th ANNUAL CONFERENCE ON TAXATION
November
14-16 2002 
Rosen
Plaza
Orlando, Florida
PRELIMINARY PROGRAM
8:30-10:00 AM
Current Fiscal Policy Issues in the U.S. and Global Arenas
Organizer/
Moderator:Robert Tannenwald, Federal Reserve Bank of Boston Panel: Daniele Franco, Bank of Italy
Jane G. Gravelle, Congressional Research Service
Matthew N. Murray, University of Tennessee, Knoxville
Diane Lim Rogers, Democratic Staff, Joint Economic Committee
Discussant: Renee Boicourt, Moodys Investor Services
10:15-11:45 AM Concurrent Sessions Tax Culture Organizer/
Moderator:Birger NerrJ, University of Hamburg Presentations: Modeling Tax Culture, Birger NerrJ, University of Hamburg
To Harmonize or to Compete: Taxation in Germany at the Beginning of the 19th Century, Carsten Pallas, University of Hamburg
Direct Democracy Matters: Tax Morale and Political Participation, Benno Torgler, University of Basel
Aid, Governance, and Growth, Robert McNab, Naval Post-Graduate School; and Stephen S. Everhart, Overseas Private Investment Corporation
Discussants: Eleanor D. Craig, University of Delaware
Marcel Gerard
, Catholic University of Mons, Belgium
Fiscal Implications of School Choice Organizers: Eric Brunner, San Diego State University; and Thomas Downes, Tufts University Moderator: Amy Ellen Schwartz, New York University Presentations: The Economics of Tuition Tax Credits for U.S. Schools, Clive R. Belfield and Henry M. Levin, Columbia University
Discussant: Amy Ellen SchwartzAn Economic Case against Vouchers: Why Local Public Schools are a Local Public Good, William Fischel, Dartmouth College
Discussant: Timothy J. Goodspeed, Hunter College, CUNYCompetition and Efficiency: The Impact of Charter Schools on Public School Performance, Shawna Grosskopf, Oregon State University; Kathy J. Hayes, Southern Methodist University; and Lori L. Taylor, Federal Reserve Bank of Dallas
Discussant: Timothy Gronberg, Texas A&M UniversityHomeowner, Property Values, and the Political Economy of School Vouchers, Eric Brunner, San Diego State University; and Jon Sonstelie, University of California Santa Barbara
Discussant: David Figlio, University of Florida
Roundtable: Analyzing Policy Issues Using Alternative Estimation Techniques Organizer: Ranjana Madhusudhan, New Jersey Department of Treasury Moderator: Nancy H. Mantell, Rutgers University Presentations: Lifetime Distributional Effects of Reforming the Medicare Financing System under Different Tax Reforms: Comparative Static Analysis, Chunling Lu, Harvard University
Variation in Peer Group Effects and Education Outcomes, Jennifer Ma, TIAA-CREF Institute; and Robert M. Schwab, University of Maryland
A Computer Simulation Model Projecting Taxable Retirement Plan Benefits, Paul Burnham, Congressional Budget Office
The Optimal Level of Local Government Budget Reserves: A Simulation Approach, Kenneth A. Kriz, University of Nebraska at Omaha
Has Internet Access Taxation Affected Internet Use? A Panel Data Analysis, John Deskins, Donald J. Bruce and William F. Fox, University of Tennessee, Knoxville
Noon- 1:30 PM Luncheon
Presiding: C. Eugene Steuerle, President, National Tax Association
Speaker: Thomas F. Field, President, Tax Analysts
1:45 - 3:15 PM Concurrent Sessions Exploring the New Landscape for Financing Higher Education: A Romp through Mixed Policy Signals Organizer/
Moderator:Julia Lynn Coronado, Federal Reserve Board of Governors Presentations: Saving for College: Incentives and Disincentives of Current Policy, Susan Dynarski, Harvard University
Winners (and Losers?) in the Search for Education Tax Subsidies, Andrew Bershadker and Julie-Anne M. Cronin, Office of Tax Analysis, U.S. Treasury Department
Saving for College with 529 Plans, Sarah Holden, Investment Company Institute
Federal Policy and Marginal Financing Costs of Higher Education: An Equity Analysis within the Becker Framework, Nabeel Alsalaam, Seth Giertz and Dennis Zimmerman, Congressional Budget Office
Discussant: Andrew Samwick, Dartmouth College
Fiscal Disparities Measurement and State and Local Fiscal Tools Organizer:
Ranjana Madhusudhan, New Jersey Department of Treasury Moderator:
Thomas S. Neubig, Ernst & Young LLP Presentations: Fiscal Disparities Measurement and the Impact of Federal and State Aid, George M. Palumbo, Canisius College; and Seymour Sacks, Professor Emeritus, Syracuse University
Do State Governments Use Budget Surpluses to Smooth Taxes Intertemporally? Daniel Muhammad, Office of Research and Analysis, DC Government
Indian Gaming in Arizona: Three Choices–Three Futures, Gary C. Anders, Arizona State University West
Municipal Tax Abatement in a Centralized Transition State, Mark Chandler, Vilnius University
Discussant: Daphne A. Kenyon, D.A. Kenyon & Associates
Interventions to Strengthen Trust in Government Organizer: Michael E. Bell, Coalition for Effective Local Democracy Moderator: Alexa A. Heffernan, Iowa Business Council Presentations: Developing Civic Trust: Experiences from the National Civic League, Lenneal J. Henderson, University of Baltimore
Strengthening Civic Society in South Africa: The Community Partnership Grant Program, Charles F. Adams, Jr., and Trevor L. Brown, Ohio State University; and Michael E. Bell, MEB Associates
The Neighborhood Matching Grant Program in Seattle, Pamela Green and Glenn Harris, City of Seattle
Who Pays for the Only Game in Town? The Impact of Tax Increment Financing in Chicago, Patricia A. Nolan, Neighborhood Capital Budget Group, Chicago
Discussant: Therese J. McGuire, Northwestern University
3:30 - 5:00 PM Concurrent Sessions and Committee Meetings In Honor of Wallace E. Oates Moderator: J. Fred Giertz, Executive Director, National Tax Association Panelists: William A. Fischel, Dartmouth College
Robert M. Schwab, University of Maryland
George Zodrow, Rice University
Preparing for Retirement: Education, Planning, and Expectations Organizer/
Moderator:Jennifer Ma, TIAA-CREF Institute Presentations: Dynamic Retirement Expectations Using Health and Retirement Study, Debra S. Dwyer and Hugo Benitez-Silva, State University of New York at Stony Brook
Retirement Consumption: Insights from a Survey, John Ameriks, TIAA-CREF Institute; Andrew Caplin, New York University; and John V. Leahy, Boston University
Preparing for Retirement: Planning and the Effectiveness of Retirement Seminars, Annamaria Lusardi, Dartmouth College
Effects of Financial Education Intervention on Attitudes toward Saving for Retirement, Douglas A. Hershey, John C. Mowen and Joy M. Jacobs-Lawson, Oklahoma State University
Discussants: Julia Lynn Coronado, Federal Reserve Board of Governors
Amy Rehder Harris, Congressional Budget Office
ETR on Human Capital Investment, Education Costs and Reforms Organizer: Ranjana Madhusudhan, New Jersey Department of Treasury Moderator: James Diffley, DRI-WEFA, Inc. Presentations: Taxation of Human Capital, Dagney Faulk, Indiana University Southeast; and Jorge Martinez-Vazquez and Sally Wallace, Georgia State University
Effective Tax Rates on Investment in Human Capital in Canada, Kirk Collins, University of Ottawa; and James Davies, University Western Ontario
Education Costs and School Finance Formulas: Issues with Alternative Approaches, Patricia Byrnes, University of Illinois Springfield; and Ann Sundeen, Illinois Office of the Comptroller
Do Education Reforms and Teacher Unions Affect Teacher Effort? Christina Stoddard, Montana State University; and Peter Kuhn, University of California Santa Barbara
Discussant: William T. Bogart, York College of Pennsylvania
5:00 - 6:00 PM ANNUAL MEETING OF THE NATIONAL TAX ASSOCIATION-TAX INSTITUTE OF AMERICA
Presentation of the Daniel M. Holland Medal
Presentation of the Outstanding Doctoral Dissertation AwardsPresidential Address, C. Eugene Steuerle
6:00 - 7:00 PM RECEPTION IN HONOR OF WALLACE E. OATES
| 8:30- 10:00 | Concurrent Sessions | |
| Equity and Efficiency Issues in Federal, State, and Local Taxes | ||
| Organizer: | Ranjana Madhusudhan, New Jersey Department of Treasury | |
| Moderator: | Robert J. Cline, Ernst & Young LLP | |
| Presentations: | Flat Tax and the Current Federal Income Tax–A Relative Efficiency and Progressivity Comparison, James K. Self, Indiana University The Avoidable Excess Burden of Broad-Based U.S. Taxes, Nicolaus Tideman, E. Akobundu, A. Johns, and W. Prapaiporn, Virginia Tech The Impact of Use Value Assessment on Agricultural Property, Rebecca Boldt, Wisconsin Department of Revenue Globalization Susceptibility Indicators and Future Stress for State and Local Governments, James Alm and Sally Wallace, Andrew Young School, Georgia State University
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| Discussant: | Dennis Collier,
Wisconsin Department of Revenue
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| International Experience with Fiscal Equalization | ||
| Organizer: | Howard Chernick, Hunter College, CUNY | |
| Moderator: | David Solomon, University of Witwatersrand, South Africa | |
| Presentations: | Structure of Fiscal Equalization in Sweden, Howard Chernick, Hunter College, CUNY Fiscal Equalization in Switzerland, Andrew Reschovsky, University of Wisconsin-Madison; and HansJoerg Bloechliger, Organization of Economic Cooperation and Development, Paris Redistributive Effects of Grants from the National Government to Municipalities in France, Guy Gilbert, University of Paris Federalism and Fiscal Equalization in Canada and the United States, Francois Vaillancourt, University of Montreal
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| Discussant: | Roy W. Bahl, Georgia State University
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| Capital Investment in Public Schools: Evidence from the Leading States | ||
| Organizer: | Shama Gamkhar, University of Texas, Austin | |
| Moderator: | Lori L. Taylor, Federal Reserve Bank of Dallas | |
| Presentations: | Private Demands for Public Capital: Evidence from California School Bond Referenda, Edward Balsdon and Kim S. Rueben, Public Policy Institute of California; and Eric Brunner, San Diego State University The Determinants of School Indebtedness in New York State, Aijun Nie, State University of New York at Albany Inequities in Public School Capital Finance: Evidence from School Districts in Texas, Shama Gamkhar and Mona Koerner, LBJ School, University of Texas, Austin
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| Discussants: | Dwight V. Denison, New York University
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| 10:15-11:45 AM | Concurrent Sessions | |
| Harmonization of Corporate Income Taxation: The Case of the European Community | ||
| Organizer/ Moderator: |
Victoria P. Summers, International Monetary Fund | |
| Presentations: | Formulary Apportionment: Possible Solution to the Harmonization Dilemma, Joann M. Weiner, FacultJs Universitaires Saint-Louis, Brussels An Analysis of Effective Tax Rates in the EU, Michael P. Devereux, University of Warwick EU Harmonization: An Obstacle for New Initiatives in Drafting Corporate Income Tax Systems, Geerten Michielse, International Monetary Fund
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| Discussants: | Michael J. Keen, International Monetary Fund
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| Behavioral Response to Current Income Tax Related Policy Changes | ||
| Organizer/Moderator: | Ranjana Madhusudhan, New Jersey Department of Treasury | |
| Presentations: | The Impact of Current Tax Policy on Executive Stock Option Compensation and Its Influence on Reported Earnings, Tricia Coxwell Snyder, Martin Gritsch and Elizabeth Ekmekjiar, William Paterson University of New Jersey The Earned Income Tax Credit: Marriage and Cohabitation, Stacy Dickert-Conlin, Maxwell School, Syracuse University; and Scott Houser and Yun Li, California State University Fresno The Effect of the 2000 Economic Recession on the New Jersey Tax Revenue in Comparison to Revenues in Other States , Joo Mi Kim, University of Chicago; and Ranjana MadhusudhanFixing the Alternative Minimum Tax, David Weiner, Congressional Budget Office
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| Discussants: | Nancy H. Mantell, Rutgers University James R. Nunns, Office of Tax Analysis, U.S. Treasury Department
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| Frontiers of Public Finance: Presentations by NTA Outstanding Doctoral Dissertation Award Winner and Honorable Mentions | ||
| Organizer/ Moderator: |
William
Oakland,
Tulane University
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| Presentations: | Empirical Essays on Behavioral Responses to Taxation, Kevin S. Milligan, University of British Columbia Essays on Public Policy and Consumer Choice: Applications to Welfare Reform and State Lotteries, Melissa Schettini Kearney, Wellesley College Essays
on Government Policy and Household Financial Decisions, Karen M Pence, Board of Governors of the Federal
Reserve System |
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| Noon- 1:30 PM | Luncheon |
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| 1:45 - 3:15 PM | Concurrent Sessions | |
| Current Issues in International Taxation | ||
| Organizer/Moderator: | Daniel Shaviro, New York University School of Law | |
| Presentations: | Some Tax Policy Implications of Inversion Transactions, Reuven Avi-Yonah, University of Michigan School of Law Arm's-Length Profit Allocation under Oligopoly and Scale Economies: Is It Still Neutral to Corporate Form? Laura Clauser, Office of Tax Analysis, U.S. Treasury Department Taxation and Capital Flows in Offshore Financial Companies, Timothy J. Goodspeed, Hunter College, CUNY A Reduced U.S. Tax Rate for Repatriations from Controlled Foreign Corporations? Daniel Shaviro
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| Discussants: | Rosanne Altshuler, Rutgers–The State
University of New Jersey
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| Effects of Fiscal Incentives on Private Development Decisions and Job Growth | ||
| Organizer: | Ranjana Madhusudhan, New Jersey Department of Treasury | |
| Moderator: | Stacey Johnson, Iowa Taxpayers Association | |
| Presentations: | The
Effects of Government Subsidy on Corp R&D Expenditures: A Case Study of the Leading
Product, Day-Yang Liu, National Taiwan
University of Science and Technology Public Incentives for Private Development Projects, Jeffrey Chapman, Arizona State University Can State and Local Tax Incentive Programs Spur Job Growth? Empirical Evidence, Joyce Y. Man, Indiana University/Purdue University Role of the State and Economic Policy in African Countries, Blanca Moreno-Dodson, The World Bank; Marcel Aloy and Gilles Nancy, University of the Mediterranean, Aix-Marseille
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| Discussant: | Michael Wasylenko, Maxwell School, Syracuse
University
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| The Taxation of Small Businesses | ||
| Organizer: | Donald J. Bruce, University of Tennessee, Knoxville | |
| Moderator: | Arthur J. Maurice, New Jersey Business & Industry Association | |
| Presentations: | The Effect of the 1986 and 1993 Tax Reforms on Self-Employment, Kevin Moore, Johns Hopkins University and Board of Governors of the Federal Reserve System Tax Policy and Entrepreneurship: New Time Series Evidence, Donald J. Bruce and Mohammed Mohsin, University of Tennessee, Knoxville Rules versus Discretion in Tax Policy, Radwan N. Saade, Office of Advocacy, SBA 50% Capital Gains Exclusion on Small Business Stock, Gerald Auten, Office of Tax Analysis, U.S. Treasury Department
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| Discussants: | Reagan Baughman, University of Michigan
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| 3:30 - 5:00 PM | Concurrent Sessions | |
| Federal Tax Issues: Recent Research at IRS | ||
| Organizer/ Moderator: |
Eric J. Toder, Office of Research, Internal Revenue
Service |
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| Presentations: | The Impact of IRS on Voluntary Compliance: Preliminary Empirical Results, Alan Plumley, Office of Research, Internal Revenue Service New Estimates of the Distribution of Individual Income and Taxes, Thomas B. Petska and Michael I. Strudler, Statistics of Income Division, Internal Revenue Service; and Ryan T. Petska, Ernst and Young Are Taxpayers Increasing the Buildup of Retirement Assets? Preliminary Results from a Matched File of Tax Returns, Peter J. Sailer, Michael E. Weber and Kurt S. Gurka, Statistics of Income Division, Internal Revenue Service Measuring Taxpayer Compliance Burden: A Microsimulation Approach, Peter M. Arena, John F. O’Hare, and Michael P. Stavrianos, PWC Consulting
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| Discussant: | Stacy Dickert-Conlin, Maxwell School, Syracuse
University
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| Extending Property Taxes into Previously Untaxed Areas: Experiences and Challenges in South Africa | ||
| Organizer/Moderator: | Michael E. Bell, MEB Associates |
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| Presentations: | Extending Property Taxes into Previously Untaxed Urban Areas: Recent Experiences in South Africa, Michael E. Bell, and John H. Bowman, Virginia Commonwealth University Extending Property Taxes into Traditional Tribal Areas: Issues and Options, David Solomon, University of Witwatersrand, South Africa The Role of the Property Tax in the Structure of Government Finances: Comparing the U.S. and South Africa, Keith Simmonds, Florida A&M University
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| Discussant: | Jo
Beth Mertens, Hobart and William Smith Colleges
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| Roundtable: Impact of State Lotteries: Revenues and Incidence | ||
| Organizer/ Moderator: |
Mehmet S. Tosun, West Virginia University |
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| Presentations: | Lotto Nothing? The Budgetary Impacts of State Lotteries, Stephen C. Fink and Jonathan Rork, Vassar College Some Futures are Brighter than Others: The Budgetary Incidence of Lottery Funded Merit Scholarships, Mary Borg and Harriet Stranahan, University of North Florida The Influence of Lottery Retail Outlet Location on the Tax Incidence of the Pennsylvania Lottery, Thomas Andrews and Cynthia Benzing, West Chester University of Pennsylvania Playing PowerBall? John E. Anderson and James R. Schmidt, University of Nebraska Interstate Competition and State Lottery Revenues, Mehmet S. Tosun, and Mark Skidmore, University of Wisconsin-Whitewater
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| 5:30 - 6:30 PM | RECEPTION | |
| 8:30- 10:00 | Concurrent Sessions | |
| Capital Financing of Local Governments: When Does Financing Source Matter? | ||
| Organizer: | Dwight V. Denison, New York University | |
| Moderator: | Dick Netzer | |