| 000 | 01743nab a2200301 c 4500 | ||
|---|---|---|---|
| 003 | ES-MaIEF | ||
| 005 | 20181217183851.0 | ||
| 007 | ta | ||
| 008 | 181217t2018 gw ||||| ||||||0| 0|eng d | ||
| 040 |
_aES-MaIEF _bspa _cES-MaIEF |
||
| 041 | _aeng | ||
| 100 | 1 |
_960387 _aFochmann, Martin |
|
| 245 | 0 |
_aIncome taxes and risky investment decisions _b an experiment on behavioral tax biases _c by Martin Fochmann and Kristina Hemmerich |
|
| 260 | _c2018 | ||
| 500 | _aDisponible también en formato electrónico a través de la Biblioteca del IEF. | ||
| 500 | _aResumen. | ||
| 504 | _aBibliografía. | ||
| 520 | _aWe design a controlled experiment to examine investment behavior when a proportional income tax (with and without full loss offset) is introduced. Our design enables us to disentangle tax effects predicted by standard neoclassical theory and behavioral tax biases that cannot be predicted by this theory. We observe that investment behavior can be heavily distorted by behavioral tax biases and is consequently inconsistent with theoretical predictions. However, if we isolate these effects, we find support for the theory. We argue that the unpredicted behavior is a result of a tax-induced cognitive load variation. | ||
| 650 | 4 |
_947460 _aIMPUESTOS |
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| 650 | 4 |
_948067 _aPOLITICA FISCAL |
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| 650 | 4 |
_947531 _aINVERSIONES |
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| 650 | 4 |
_948302 _aRIESGO |
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| 650 | 4 |
_948576 _aTOMA DE DECISIONES |
|
| 700 | 1 |
_966802 _aHemmerich, Kristina |
|
| 773 | 0 |
_9158340 _oOP 1533/2018/4 _tJournal of Institutional and Theoretical Economics: JITE _w(IEF)120554 _x 0932-4569 _g v. 174, n. 4, December 2018, p. 651-688 |
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| 856 | _uhttps://www.ingentaconnect.com/contentone/mohr/jite/2018/00000174/00000004/art00003 | ||
| 942 | _cART | ||
| 999 |
_c139486 _d139486 |
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