The expression of many different genes is regulated by ABA and osmotic stress (Skriver and Mundy, 1990). These genes and their products have been characterized in severa1 plants, and they include dehydrins in barley, corn (Close et al., 1989), and Arabidopsis thaliana (Rouse et al., 1992); proteins responsive to ABA (RAB) in rice (Mundy and Chua, 1988; Yamaguchi-Shinozaki et al., 1989); TAS and...

We study how declared wealth responds to changes in tax rates. Exploiting rich intranational variation Switzerland, we find a 1 percentage point drop canton’s rate raises reported taxable by at least 43 percent after 6 years. Administrative records of two cantons with quasi-randomly assigned differential reforms suggest that 24 the effect arises from taxpayer mobility and 21 concurrent rise hou...

ABSTRACT We investigate the effects of mandatory private Country-by-Country Reporting (CbCR) to European tax authorities on multinational firms' capital and labor investments, as well their organizational structures. exploit threshold-based application this 2016 disclosure rule conduct difference-in-differences regression discontinuity tests. document increases in expenditures Europe, but these...

Field evidence suggests that people belonging to the same group often behave similarly, that is, behavior exhibits social interaction effects. We conduct a laboratory experiment that avoids the identification problem present in the field and allows us to study the behavioral logic of social interaction effects. Our novel design feature is that each subject is simultaneously a member of two rand...

This paper studies majority voting on taxes when tax evasion is possible. We characterize the voting equilibrium where the agent with median taxed income is pivotal. Since the ranking of true incomes does not necessarily correspond to the ranking of taxed incomes, the decisive voter can differ from the median income receiver. In this case, we find unconventional patterns of redistribution, e.g....

We review existing estimates of the size of the Spanish underground economy, apply the Ahumada et al. (2007, RIW) correction procedure to some of them and calculate the size of the underground economy in Spain for the period 1960 through 2009 by using the modified-cash-deposits-ratio (MCDR) approach recently developed by Pickhardt and Sardà (2011, EJLE). We then extend the MCDR approach with re...

This paper studies majority voting on taxes when tax evasion is possible. We characterize the voting equilibrium where the agent with median taxed income is pivotal. Since the ranking of true incomes does not necessarily correspond to the ranking of taxed incomes, the decisive voter can differ from the median income receiver. In this case, we find unconventional patterns of redistribution, e.g....

Tax havens are often connected to growth in tourism, as finance and tourism conveniently share infrastructural prerequisites. This paper addresses the detrimental impacts of a tax haven development strategy adopted by small open economies relation their industry. Utilizing synthetic control method, we find that since 2016 Panama Papers scandal, Panama’s exports have fallen relative an estimated...

This paper investigates the trade-offs between local elites and state agents as tax collectors in low-capacity states. We study a randomized policy experiment assigning neighborhoods of large Congolese city to property collection by chiefs or agents. Chief raised compliance 3.2 percentage points, increasing revenue 44 percent. Chiefs collected more bribes but did not undermine morale trust gove...