On Estimating the Effect of Taxation on Labor Supply

On Estimating the Effect of Taxation on Labor Supply PDF Author: Steven Dell Culler
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 456

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On Estimating the Effect of Taxation on Labor Supply

On Estimating the Effect of Taxation on Labor Supply PDF Author: Steven Dell Culler
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 456

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Book Description


Labor Supply and Taxation

Labor Supply and Taxation PDF Author: Richard Blundell
Publisher: Oxford University Press
ISBN: 0191066745
Category : Business & Economics
Languages : en
Pages : 488

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Book Description
This volume presents Richard Blundell's outstanding research on the modern economic analysis of labor markets and public policy reforms. Professor Blundell's hugely influential work has enhanced greatly our understanding of how individuals' behavior on the labor market respond to taxation and social policy influence. Edited by IZA, this volume brings together the author's key papers, some co-authored and some unpublished, with new introductions and an epilogue. It covers some of the main research insights in the study of labor supply. The question of how individuals adapt their behavior in response to policy changes is one of the most investigated topics in empirical labor and public economics. Do people reduce their working hours if governments decide to raise taxes? Might they even withdraw completely from the labor market? Labor supply estimations are extensively used for various policy analyses and economic research. Labor supply elasticities are key information when evaluating tax-benefit policy reforms and their effect on tax revenue, employment, and redistribution. The chapters cover empirical and theoretical developments as well as applications to tax and welfare reform, and each represents a substantive research contribution from Blundell's publications in top research outlets.

On Estimating the Labor Supply Effects of a Negative Income Tax

On Estimating the Labor Supply Effects of a Negative Income Tax PDF Author: Irwin Garfinkel
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 152

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Taxation and Labour Supply

Taxation and Labour Supply PDF Author: C. V. Brown
Publisher: Routledge
ISBN: 042965829X
Category : Business & Economics
Languages : en
Pages : 288

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Book Description
First published in 1981. This book reports on a decade of research into the effects of taxation on the supply of labour. In addition to their work in making labour supply estimates, the study explores a number of the ways labour supply estimates can be used. When budget constraints are non-linear it is not possible to estimate the effects of (tax) or other policy changes from knowledge of labour supply elasticities alone, and it is necessary to re-estimate the original model used to derive the estimates. The implications of labour supply estimates for the study of inequality and optimal taxation are considered. Macro-economic models of the economy typically omit labour supply functions or include functions which are inconsistent with micro-economic work on labour supply. This book will appeal to academic economists, senior students and policy-makers in the field of public finance and labour economics, who will find much of interest from both the theoretical and policy standpoints.

Taxation and Labour Supply

Taxation and Labour Supply PDF Author: C. V. Brown
Publisher: Routledge
ISBN: 0429655851
Category : Business & Economics
Languages : en
Pages : 402

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Book Description
First published in 1981. This book reports on a decade of research into the effects of taxation on the supply of labour. In addition to their work in making labour supply estimates, the study explores a number of the ways labour supply estimates can be used. When budget constraints are non-linear it is not possible to estimate the effects of (tax) or other policy changes from knowledge of labour supply elasticities alone, and it is necessary to re-estimate the original model used to derive the estimates. The implications of labour supply estimates for the study of inequality and optimal taxation are considered. Macro-economic models of the economy typically omit labour supply functions or include functions which are inconsistent with micro-economic work on labour supply. This book will appeal to academic economists, senior students and policy-makers in the field of public finance and labour economics, who will find much of interest from both the theoretical and policy standpoints.

How Does Taxation Affect Hours Worked in EU New Member States?

How Does Taxation Affect Hours Worked in EU New Member States? PDF Author: Agustin Velasquez
Publisher: International Monetary Fund
ISBN: 1498321143
Category : Business & Economics
Languages : en
Pages : 35

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Book Description
Hours worked vary widely across countries and over time. In this paper, we investigate the role played by taxation in explaining these differences for EU New Member States. By extending a standard growth model with novel data on consumption and labor taxes, we assess the evolution of trends in hours worked over the 1995-2017 period. We find that the inclusion of tax rates in the model significantly improves the tracking of hours. We also estimate the elasticity of hours (and its different margins) to quantify the deadweight loss introduced by consumption and labor taxes. We find that these taxes explain a large share of labor supply differences across EU New Member States and that the potential gains from policy actions are noteworthy.

Estimating Life Cycle Labor Supply Tax Effects

Estimating Life Cycle Labor Supply Tax Effects PDF Author: James P. Ziliak
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
We present an econometrically tractable life cycle labor supply model for panel data including intertemporally progressive taxes on uncertain wage and nonwage incomes. Our two-stage fixed-effects generalized method-of-moments approach first estimates intratemporal and then intertemporal preferences. Specification testing demonstrates the value of incorporating joint progressive taxation of labor and nonlabor incomes. Results for prime-age men emphasize the roles played by hourly wage endogeneity, worker-specific effects, the measure of the rate of pay, and intertemporal budget constraint nonseparability. Simulations indicate that recent tax reforms, while not self-financing, stimulated male labor supplied by about 3 percent and reduced deadweight loss by about 16 percent.

A Structural Approach to Estimating the Effect of Taxation on the Labor Market Dynamics of Older Workers

A Structural Approach to Estimating the Effect of Taxation on the Labor Market Dynamics of Older Workers PDF Author: Peter Haan
Publisher:
ISBN:
Category :
Languages : en
Pages :

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The Effect of Taxation on Labor Supply

The Effect of Taxation on Labor Supply PDF Author: Gary T. Burtless
Publisher:
ISBN:
Category : Labor supply
Languages : en
Pages : 102

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Effects of an Income Tax on Labor Supply

Effects of an Income Tax on Labor Supply PDF Author: Marvin Kosters
Publisher:
ISBN:
Category : Employment (Economic theory)
Languages : en
Pages : 46

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Book Description
The discussion of the effects of an income tax on labor supply and welfare is presented in the context of highly simplified models which abstract from problems such as shifts in the distribution of income and other complications introduced by progressivity. It is intended to point out the kinds of labor supply parameters on which changes in labor supply depend when alternative tax changes are considered, and to assemble some evidence on the welfare cost of an income tax. However, the evidence on compensated wage rate effects was obtained by studying only some readily measurable dimensions of labor supply for some components of the labor force. Although the effect on the allocation of time of a relative price distortion at the labor-leisure margin appears to be very small, except perhaps as it affects the labor force behavior of married women, an income tax can also affect consumption-savings decisions as well as the allocation of labor among different types of employment. (Author).