The aim of this paper is to look for the presence of the Laffer curve in a non-Leviathan state using tax rates of 30%, 50% and 70%. We gave the players the opportunity to choose their labour supply both under a Welfare – State scenario and a State – of – Nature contract. The main evidence is that a tax rate of 70% is extremely unpopular and significantly decreases subjects’ labour supply without any benefit on the tax revenue. On the other hand, an increase of the tax rate from 30% to 50% does not reduce the per capita labour supply while increasing the tax revenue.
Ottone, S., & Ponzano, F. (2007). Laffer curve in a non-Leviathan scenario: a real - effort experiment. ECONOMICS BULLETIN, 3(47), 1-7.
Citazione: | Ottone, S., & Ponzano, F. (2007). Laffer curve in a non-Leviathan scenario: a real - effort experiment. ECONOMICS BULLETIN, 3(47), 1-7. |
Tipo: | Articolo in rivista - Articolo scientifico |
Carattere della pubblicazione: | Scientifica |
Titolo: | Laffer curve in a non-Leviathan scenario: a real - effort experiment |
Autori: | Ottone, S; Ponzano, F |
Autori: | |
Data di pubblicazione: | 2007 |
Lingua: | English |
Rivista: | ECONOMICS BULLETIN |
Appare nelle tipologie: | 01 - Articolo su rivista |
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