The equivalence of income and consumtpion taxes: are money illusion, loss aversion and salience the spoilsports
Classic economic theory suggests the equivalence of sales and income taxation. However, Blumk in, Ruffle, and Ganun (2012) find in a real-effort experiment that subjects reduce their la-bor supply more in response to an income tax than to an equivalent sales tax. Using an adjusted experiment design,...
| Main Author: | |
|---|---|
| Format: | masterThesis |
| Language: | eng |
| Published: |
2022
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10362/145301 |
| Country: | Portugal |
| Oai: | oai:run.unl.pt:10362/145301 |