Meissner, Thomas; Rostam-Afschar, Davud - Fachbereich Wirtschaftswissenschaft, Freie Universität … - 2014
This paper tests whether the Ricardian Equivalence proposition holds in a life cycle consumption laboratory experiment … not hold in general. Our results suggest that taxation has a significant and strong impact on consumption choice. Over the … life cycle, a tax relief increases consumption on average by about 22% of the tax rebate. A tax increase causes consumption …