We analyze the effectiveness of fiscal policy in general and automatic stabilizers in particular to stabilize output in Eurozone member states under the current institutional framework of fiscal governance.…
This paper explores whether the usage of tax revenues affects tax compliance behavior. I design a laboratory compliance experiment in which subjects make tax reporting decisions and are randomly assigned to…
This paper examines whether investment in a risky asset depends on future circumstances. We conduct a laboratory experiment where subjects have the opportunity to invest earned income in a risky asset and,…
We study fair and effcient tax-benefit schemes based on income and non-income factors under partial control. Partial control means that each factor is a specific mixture of unobserved ability (randomly drawn by…
