Are Household Surveys Like Tax Forms: Evidence from Income Underreporting of the Self Employed
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We would like to thank the following for their helpful comments and discussions: Kerwin Charles, Raj Chetty, Steve Davis, Joshua Gottlieb, Bruce Meyer, Matt Notowidingo, Jesse Shapiro, and Bob Willis. We would also like to thank seminar participants at Boston College, Chicago, Harvard Business School, and Stanford. The views presented in this paper are those of the authors and do not represent those of the Federal Reserve Board, its staff, or the National Bureau of Economic Research. Hurst and Pugsley gratefully acknowledge the financial support provided by the George J. Stigler Center for the Study of Economy and the State. Additionally, Hurst thanks the financial support provided by the University of Chicago's Booth School of Business.