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The Last Refuge of a Scoundrel? Patriotism and Tax Compliance
Konrad, Kai A.; Qari, Salmai - C.E.P.R. Discussion Papers - 2009
We study the effects of patriotism on tax compliance. If individuals feel a (random) patriotic warm glow from honest tax compliance, this has implications for optimal auditing and tax compliance. A higher expected warm glow reduces the government's optimal audit probability and yields higher tax...
Persistent link: https://www.econbiz.de/10005082541
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Decentralized Deterrence, with an Application to Labor Tax Auditing
Di Porto, Edoardo; Persico, Nicola; Sahuguet, Nicolas - C.E.P.R. Discussion Papers - 2012
Deterrence of illegal activities is frequently carried out by many atomistic auditors (tax auditors, law enforcement agents, etc.). Not much is known either normatively about the best way to incentivize atomistic auditors, nor positively about what these incentives actually look like in real...
Persistent link: https://www.econbiz.de/10011083887
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The Effect of EU Antitrust Investigations and Fines on a Firm’s Valuation
Langus, Gregor; Motta, Massimo - C.E.P.R. Discussion Papers - 2007
We estimate, using event study techniques, the impact of the main events in an antitrust investigation on a firm’s stock market value. A surprise inspection at the firm’s premises has a strong and statistically significant effect on the firm’s share price, with its cumulative average...
Persistent link: https://www.econbiz.de/10005662243
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Optimal Fines in the Era of Whistleblowers
Buccirossi, Paolo; Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2006
We review current methods for calculating fines against cartels in the US and EU, and simulate their deterrence effects … under different assumptions on the legal and economic environment. It is likely that European fines have not had significant … deterrence effects before leniency programs were introduced. Previous simulations of the effects of fines ignore the different …
Persistent link: https://www.econbiz.de/10005136460
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Trust and Deterrence
Bigoni, Maria; Fridolfsson, Sven-Olof; Le Coq, Chloé; … - C.E.P.R. Discussion Papers - 2012
This paper presents results from a laboratory experiment on the channels through which different law enforcement … detection and the expected fine matter the most, and low fines are exploited to punish defections. The results appear relevant …
Persistent link: https://www.econbiz.de/10011084601
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Penalty Structures and Deterrence in a Two-Stage Model: Experimental Evidence
Anderson, Lisa R.; DeAngelo, Gregory; Emons, Winand; … - C.E.P.R. Discussion Papers - 2015
Increasing penalty structures for repeat offenses are ubiquitous in penal codes, despite little empirical or theoretical support. Multi-period models of criminal enforcement based on the standard economic approach of Becker (1968) generally find that the optimal penalty structure is either flat...
Persistent link: https://www.econbiz.de/10011272717
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Coordination and the fight against tax havens
Konrad, Kai A.; Stolper, Tim - C.E.P.R. Discussion Papers - 2015
not competed away. We identify a trade-off between fighting tax havens and high tax rates or, similarly, small fines for …
Persistent link: https://www.econbiz.de/10011213307
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The Political Economy of the (Weak) Enforcement of Sales Tax
Besfamille, Martin; De Donder, Philippe; Lozachmeur, … - C.E.P.R. Discussion Papers - 2009
The objective of this paper is to understand the determinants of the enforcement level of indirect taxation in a positive setting. We build a sequential game where individuals differing in their willingness to pay for a taxed good vote over the enforcement level. Firms then compete à la Cournot...
Persistent link: https://www.econbiz.de/10005666843
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Political Support and Tax Compliance: A Social Interaction Approach
Fershtman, Chaim; Lipatov, Vilen - C.E.P.R. Discussion Papers - 2009
People may express their political opinion by adopting different measures of civil disobedience. Tax compliance is an example of an economic decision that may be affected by anti-goverment sentiment. We consider a model in which political opinion as well as tax compliance decisions are both...
Persistent link: https://www.econbiz.de/10008558588
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Norms, Enforcement, and Tax Evasion
Besley, Timothy J.; Jensen, Anders; Persson, Torsten - C.E.P.R. Discussion Papers - 2015
This paper studies individual and social motives in tax evasion. We build a simple dynamic model that incorporates these motives and their interaction. The social motives underpin the role of norms and is the source of the dynamics that we study. Our empirical analysis exploits the adoption in...
Persistent link: https://www.econbiz.de/10011145415