Do investors respond to tax reform? Evidence from a natural experiment in Germany

Sauter, Nicolas und Winter, Joachim (2010): Do investors respond to tax reform? Evidence from a natural experiment in Germany. In: Economics Letters, Bd. 108, Nr. 2: S. 193-196

Abstract

We present new evidence for the importance of taxation in households’ investment decisions. A difference-in-difference analysis shows that a tax reform in Germany which revoked the tax exemption of life insurance returns triggered a significant increase in demand prior to the reform.

• Dokumententyp: Zeitschriftenartikel
• Fakultät: Volkswirtschaft ; Volkswirtschaft > Lehrstühle > Seminar für empirische Wirtschaftsforschung
• Themengebiete: 300 Sozialwissenschaften > 330 Wirtschaft
• Sprache: Englisch