Marchese, Carla; Privileggi, Fabio - Institute of Public Policy and Public Choice - POLIS - 2001
amount. Taxpayers are characterized by a Constant Relative Risk Aversion (CRRA) utility function and differ in relative risk …-scale tax evaders and to extract resources from the former. Only taxpayers whose relative risk aversion falls within a given … risk aversion and tax evasion of participants in the 1991 and 1994 Italian income tax amnesties. …