@TechReport{iza:izadps:dp17224,
            	author={Bassetto, Jacopo and Ippedico, Giuseppe},
            	title={Tax Incentives and Return Migration},
            	year={2024},
	month={Aug},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={17224},
            	url={https://www.iza.org/index.php/publications/dp17224},
	abstract={Brain drain is a key policy concern for many countries. In this paper we study whether tax incentives are an effective policy to attract high-skilled expatriates back to their home country, exploiting a generous income tax break for Italian returnees. Using administrative data and a Triple Differences design, we find that eligible individuals are 27% more likely to return to Italy. Additionally, we uncover significant effects throughout the wage distribution, revealing that tax-induced migration is a broad phenomenon beyond top earners. A cost-benefit analysis shows that the tax scheme can pay for itself by targeting young high-skilled individuals.},
	keywords={brain drain;tax incentives;return migration;personal income tax},
            }