Narrow search
Showing 1 - 10 of 148
Cover Image
Coordination and the fight against tax havens
Konrad, Kai A.; Stolper, Tim - C.E.P.R. Discussion Papers - 2015
The success or failure of the fight against tax havens is the outcome of a coordination game between a tax haven and its potential investors. Key determinants are the costly international pressure and the haven country's revenue pool. The latter is determined endogenously by the decisions of...
Persistent link: https://www.econbiz.de/10011213307
Cover Image
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
Cover Image
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
Cover Image
Measuring the Shadow Economy: Endogenous Switching Regression with Unobserved Separation
Filer, Randall K; Hanousek, Jan; Lichard, Tomáš - C.E.P.R. Discussion Papers - 2015
We develop an estimator of unreported income that relies on much more flexible identifying assumptions than those … underlying previous estimators of the shadow economy using household-level data. Assuming only that evading households have a … higher consumption-income gap than non-evaders in surveys, an endogenous switching model with unknown sample separation …
Persistent link: https://www.econbiz.de/10011196034
Cover Image
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
Cover Image
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
Cover Image
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
Cover Image
Did the Death of Australian Inheritance Taxes Affect Deaths?
Gans, Joshua S.; Leigh, Andrew - Research School of Economics, College of Business and … - 2006
In 1979, Australia abolished federal inheritance taxes. Using daily deaths data, we show that approximately 50 deaths were shifted from the week before the abolition to the week after (amounting to over half of those who would have been eligible to pay the tax). Our results imply that over the...
Persistent link: https://www.econbiz.de/10004977255
Cover Image
Investigation of the Costly-Arbitrage Model of Price Formation Around the Ex-Dividend Day
Dai, Qinglei; Rydqvist, Kristian - C.E.P.R. Discussion Papers - 2007
We estimate the costly-arbitrage model of Boyd and Jagannathan (1994) using Norwegian stock market data. Taxable distributions take place at two separate dates, one that entails the distribution of an imputation-tax credit and another the distribution of the cash dividend. We find that the...
Persistent link: https://www.econbiz.de/10005123615
Cover Image
The Marginal Cost of Public Funds in Developing Countries: An Application to 38 African Countries
Auriol, Emmanuelle; Warlters, Michael - C.E.P.R. Discussion Papers - 2006
In this paper we propose estimates of the marginal cost of public funds (MCF) in 38 African countries. We develop a simple general equilibrium mode inspired by the “1-2-3” model of Devarajan et al. (1994) that can handle taxes on the five major tax classes, takes account of the informal...
Persistent link: https://www.econbiz.de/10005124022