There is perhaps no more important question in public finance than who ultimately bears the burden of a tax. According to tax incidence theory, the long-run incidence of a tax in competitive markets is independent of the assignment of the liability to pay tax. Moreover, the theory is silent on the possible effects of market institutions on tax incidence. We report data from an experiment designed to address two questions: (A) Is tax incidence independent of the assignment of the liability to pay tax in experimental markets? (B) Is tax incidence independent of the market institution in experimental markets? We conduct laboratory experiments with two market institutions: double auction and posted offer markets. Based on the results of Kolmogo...
In theory, the incidence of a tax should be independent of which side of the market it is levied on....
While a basic theoretical principle in public economics assumes that individuals optimize fully with...
While a basic theoretical principle in public economics assumes that individuals optimize fully with...
There is perhaps no more important question in public finance than who ultimately bears the burden o...
According to economic theory, the incidence of a unit tax is independent of the statutory assignment...
There is perhaps no more important question in public finance than who ultimately bears the burden o...
While a basic theoretical principle in public economics assumes that individuals’ behaviour is fully...
While a basic theoretical principle in public economics assumes that individuals’ behaviour is fully...
While a basic theoretical principle in public economics assumes that individuals’ behaviour is fully...
A basic principle in public finance is tax incidence equivalence (well known as Liability Side Equiv...
A basic principle in public finance is tax incidence equivalence (well known as Liability Side Equiv...
Although a basic theoretical principle in public economics assumes that individuals optimize fully w...
Abstract: A basic tenet in microeconomics is tax incidence equivalence, which holds that the burden ...
Although a basic theoretical principle in public economics assumes that individuals optimize fully w...
In theory, the incidence of a tax should be independent of which side of the market it is levied on....
In theory, the incidence of a tax should be independent of which side of the market it is levied on....
While a basic theoretical principle in public economics assumes that individuals optimize fully with...
While a basic theoretical principle in public economics assumes that individuals optimize fully with...
There is perhaps no more important question in public finance than who ultimately bears the burden o...
According to economic theory, the incidence of a unit tax is independent of the statutory assignment...
There is perhaps no more important question in public finance than who ultimately bears the burden o...
While a basic theoretical principle in public economics assumes that individuals’ behaviour is fully...
While a basic theoretical principle in public economics assumes that individuals’ behaviour is fully...
While a basic theoretical principle in public economics assumes that individuals’ behaviour is fully...
A basic principle in public finance is tax incidence equivalence (well known as Liability Side Equiv...
A basic principle in public finance is tax incidence equivalence (well known as Liability Side Equiv...
Although a basic theoretical principle in public economics assumes that individuals optimize fully w...
Abstract: A basic tenet in microeconomics is tax incidence equivalence, which holds that the burden ...
Although a basic theoretical principle in public economics assumes that individuals optimize fully w...
In theory, the incidence of a tax should be independent of which side of the market it is levied on....
In theory, the incidence of a tax should be independent of which side of the market it is levied on....
While a basic theoretical principle in public economics assumes that individuals optimize fully with...
While a basic theoretical principle in public economics assumes that individuals optimize fully with...