Agell, Jonas; Persson, Mats; Sacklén, Hans - Institute for International Economic Studies (IIES), … - 1999
We examine how tax avoidance in the form of trade in well-functioning asset markets affects the empirical study of labor supply. We discuss the implications for tax policy analysis, and we show that a failure to account for avoidance re-sponses may lead to huge errors when predicting how tax...