Introduction to the theory of taxation. Taxation and income distribution: tax incidence in partial equilibrium. Taxation and efficiency: excess of tax burden. Personal taxes and individual behaviours. Introduction to the Italian Tax system. Personal Income Tax. The Theory of Fiscal Federalism: the rational for decentralizing. Distribution of functions among different levels of government. The financing structure of decentralized governments. Financial equalization policies. The system of local governments in Italy: the 2001 Constitutional reform and the Law 42/2009. The financing structure of Regions and municipalities.
Tools of normative analysis: Welfare Economics and its fundamental theorems. The rationale for public intervention in the economy: market failures (public goods, externalities, natural monopoly, information asymmetries). Income redistribution and its theories. The expenditure for healthcare.
[1] Harvey S. Rosen and Ted Gayer, Scienza delle Finanze, 4th edition, McGraw-Hill, 2014. Chapters 14 (up to p. 251), 15 (up to p. 269), 17 (up to p. 309), 18 (with the exception of table 18.1), 21 and 22.
[1] Harvey S. Rosen and Ted Gayer, Scienza delle Finanze, 4th edition, McGraw-Hill, 2014. Chapters 3, 4 (with the exception of the table 4.1 and appendix 4.1), 5 (with the exception of sub-paragraphs 5.4.3, 5.4.4, 5.4.5, 5.4.6 and 5.4.7 and tables 5.1 and 5.2), 7 and 10 (with the excepton of table 10.1).