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A series of experiments in Albania and the Netherlands give us the opportunity to compare behavioral patterns related to tax evasion. Subjects have to decide between a random 'registered' income, the realization of which will be known to the experimenter for sure, and a random 'unregistered'...
Persistent link: https://www.econbiz.de/10011327524
This paper provides evidence that keiretsu group member firms are subject to lowereffective tax rates than independent firms in Japan. As one explanation for this phenomenon, wedevelop a hypothesis that keiretsu firms strategically shift financially reported income amongaffiliates in order to...
Persistent link: https://www.econbiz.de/10011327833
worker buys an insurance, which gives a constant income and retirement benefits in exchange for the total output. The level …
Persistent link: https://www.econbiz.de/10011334338
We formally link insurance markets with product markets and identify a demand effect of insurance: if risk …-averse consumers can buy insurance against possible product failure, there will be some additional consumers that buy the product … have a higher willingness to pay if they can also buy insurance. But a higher price causes those consumers to leave the …
Persistent link: https://www.econbiz.de/10011932569
The main goal of this study is two-fold: (1) to provide a general overview of thecontributions to the literature on the informal sector, with a special focus on the PublicChoice approach; and (2) to compare these contributions across two institutionallydifferent types of countries: developed and...
Persistent link: https://www.econbiz.de/10011302624
the insurance sector. The downside risk of insurers is explicitly modelled by common and idiosyncratic risk factors. Since … results point to a relatively low insurance sector wide risk. Dependence among insurers is higher than among reinsurers. …
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