Experimental design examines how tax regimes affect savings and risk-taking behavior, suggesting impactful implications.
Presents an experimental design examining the effect of income and consumption tax regimes and future tax rate on proportional savings and risk-taking. Results indicating that income tax regime reduces proportional savings and increase proportional risk-taking when compared to a consumption tax regime.
No takes yet. Share an insight, caveat, or question.
Janet A. Meade (1995) studied this question.
Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context: