Tax Evasion and Portfolio Decisions

Authors

  • Y. Landskroner
  • J. Paroush,
  • I. Swary

DOI:

https://doi.org/10.1016/1057-0810(91)90052-Z

Abstract

This paper extends the literature on tax evasion under uncertainty by consider- ing not only the uncertain prospect of an audit, but also a risky capital asset. Tax evasion is considered as a risky investment and the decision about it is part of a portfolio decision of the individual. The individual decides about an investment in a riskless financial asset, a risky financial asset, as well as tax evasion. The effect of risk, risk aversion, the income tax rate, and “enforcement” parameters are consid- ered. PublicFinance, Vol. 45, No. 3 (1990), pp. 409-422. (Reprinted with permis- sion of Public Finance.)

Published

1991-12-30

How to Cite

Landskroner, Y., Paroush, J., & Swary, I. (1991). Tax Evasion and Portfolio Decisions. Financial Services Review, 1(2), 184. https://doi.org/10.1016/1057-0810(91)90052-Z

Issue

Vol. 1 No. 2 (1991): Financial Services Review

Section

Abstracts of Articles on Individual Financial Management

License

Copyright (c) 1991 JAI Press Inc.

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