Finance and Economics Discussion Series: Salience and Taxation: Theory and Evidence by Raj Chetty

Finance and Economics Discussion Series: Salience and Taxation: Theory and Evidence

Raj Chetty

68 pages missing pub info (editions)

nonfiction politics
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This paper presents evidence that consumers underreact to taxes that are not salient and characterizes the welfare consequences of tax policies when agents make such optimization errors. The empirical evidence is based on two complementary strateg...

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