Understanding the Aggregate Effects of Anticipated and Unanticipated Tax Policy shocks

on labor supply that have been highlighted in the technology news literature. We also derive Hicksian decompositions of the consumption and labor supply responses and show that substitution effects are key for understanding the impact of tax shocks.

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Year of publication:	2009
Authors:	Ravn, Morten O. ; Mertens, Karel
Institutions:	Society for Economic Dynamics - SED

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Extent:	application/pdf
Series:	2009 Meeting Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2009 SED Meeting Papers Number 480
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011080290