An emerging consensus is that the Frisch elasticity of labor supply is small. This may reflect a lack of salience, inelastic preferences, or prevalence of frictions. Studying survey data collected during a tax holiday in Norway, when earnings were untaxed during a transition between tax systems,...

This paper investigates the role of heterogeneous elasticities of substitution in the US production network in the transmission of supply shocks. We develop and estimate a multi-industry general equilibrium model featuring heterogeneous elasticities of substitution in input demands. Using...

Using longitudinal data for a panel of Brazilian personal income tax returns between 2011 and 2017 we estimate the elasticity of taxable income (ETI) before and after deductions of personal income tax and calculate optimal taxation levels. The behavioral response is examined using a natural...

Suárez Serrato and Zidar (2016) identify state corporate tax incidence in a spatial equilibrium model with imperfectly mobile firms. Their identification argument rests on comparative-statics omitting a channel implied by their model: the link between common determinants of a location's...

This paper uses schooling decisions to estimate curvature in utility of consumption in developing countries. We show that the elasticity of marginal utility of consumption (EMUC) can be recovered from three sufficient statistics: (1) the price effect of schooling; (2) the income effect of...

This research discusses the idea of elasticity and how it relates to the demand for rice in the Philippines. By defining the concept and its essence and identifying the variables that affect rice demand changes, it specifically aimed to discuss the role of elasticity of demand in general and the...

The uncompensated wage elasticity of labor supply is a fundamental parameter in economics. Despite its central role, very few papers have studied directly how it has changed over time. We examine the evolution of the uncompensated labor supply elasticity using cross-sectional methods over the...