Davis, Steven J. (contributor); … - 2004 - [Elektronische Ressource]
Guided by a simple theory of task assignment and time allocation, we investigate the long run response to national … differences in tax rates on labor income, payrolls and consumption. The theory implies that higher tax rates reduce work time in … adult per year, a drop of 4.9 percentage points in the employment-population ratio, and a rise in the shadow economy equal …
