.@lindaawuu and coauthor study two estate tax reforms in Taiwan and find quick and asymmetric responses. Reported estates are more elastic to tax hikes than tax cuts. 👇
The REStud North American Tour recognizes the most promising graduating doctoral students in economics and finance from European universities, and introduces them and their research to audiences in North America,
"Sellers often choose sudden, unannounced price drops—unlike standard models with forward-looking, strategic buyers. We show why a seller would prefer this."
