| dc.description.abstract | The interest in capital taxation has been revived by increasing inequality over the past decades.
Norway is one of the few countries persisting with a wealth tax policy, making it an interesting
research setting. The wealth tax is assumed to have some distortionary effects on individual
behaviour, leading to efficiency losses. Our thesis seeks to further enhance the understanding of
the behavioural effects associated with a personal wealth tax. Using administrative data on
individual wealth holdings from 2009 to 2016, we therefore address the impact on individual risk
taking. The method applied is a regression discontinuity design, exploiting the threshold for
wealth taxation. We find no evidence of consistent significant results for individuals in proximity
of the threshold, suggesting that the progressive nature of the wealth tax makes the reduction in
initial wealth trivial. | en_US |
