This study empirically investigates two hypotheses, the taxpayer resentment hypothesis and the neo ultra-rationality hypothesis, both of which argue that higher federal budget deficits induce an increase in the degree of aggregate federal personal income tax evasion. Using annual data on two...

This study empirically investigates the impact of the federal budget deficit on the nominal interest rate yields on seven and ten year treasury notes over the 1992–2003 period. To measure the budget deficit, the primary budget deficit, which excludes net interest payments by the treasury,...

This study empirically investigates the impact of the federal budget deficit on the nominal interest rate yields on seven and ten year treasury notes over the 1992?2003 period. To measure the budget deficit, the primary budget deficit, which excludes net interest payments by the treasury, is...