Fukuda, Kosei - In: Journal of Behavioral and Experimental Economics … 37 (2008) 6, pp. 2214-2220
Aggregate data of tax burdens in the U.S. and Japan, classified by period and by age, are decomposed into age, period, and cohort effects using the Bayesian cohort models which were developed to overcome the identification problem in cohort analysis. Main findings are that in both countries the...