Soda taxes aim to reduce externalities (including costs to the consumer themselves in the future) from excess sugar consumption. Their effectiveness depends on how consumers respond, and crucially how demand responsiveness correlates with marginal harm. We estimate demand using novel longitudinal data, which allows us to identify individual preference parameters. We study demand for drinks on-t...

In an effort to reduce the growing prevalence of overweight and obesity, food taxes have been introduced in several European countries, the so-called ‘obesitax’. As yet little evidence is at hand, policy measures are being taken to counterweight the consumption of unhealthy food or the increasing diet-related diseases. Several questions need to be discussed, starting from a general perspective:...

Property transaction taxes - also known as stamp duty are widely viewed an inefficient form of taxation. In this paper, we examine the welfare implications removing in a general equilibrium overlapping generation model with heterogeneous agents. Our features idiosyncratic shock to housing preferences which may create mismatch or induce household move. When examining steady states find that newb...

State general sales taxes represent the American approach to taxation of household consumption expenditures and make a substantial contribution to state government finances However, these taxes significantly deviate from the general tax on personal consumption idealized by economists because they tax many business purchases and exclude many household consumption purchases. No state levies the s...

Kashmir University teachers belong to upper sedentary and rich class is not a fact as the consumption behavior shown by them is similar to middle class society. The sample under examination differ in size of the family, age, designation, property ownership and other characteristics; in general we expect the household with above given different characteristics to have different expenditure plans...