April 15 Syndrome
In tax year 1988, delaying filing income tax returns cost the 73.2 million taxpayers claiming refunds nearly one billion dollars of interest. 'Impatient' tax filers, who mail in their tax payments before the filing deadline, passed up $46 million in interest. The authors develop a model of tax filing based on stochastic opportunity cost and then investigate whether filing times are consistent with that model. They find some evidence for this because, ceteris paribus, higher refunds are associated with earlier filing and complex returns are associated with later filing, as are higher incomes (as a proxy for higher costs of time). Coauthors are Charles Christian, Rebecca London, and Jonathan A. Parker. Copyright 1997 by Oxford University Press.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 35 (1997)
Issue (Month): 4 (October)
|Contact details of provider:|| Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK|
Fax: 01865 267 985
Web page: http://ei.oupjournals.org/
More information through EDIRC
|Order Information:||Web: http://www.oup.co.uk/journals|