interest. This approach requires estimation of two critical inputs: a base U.S. VSL and the income elasticity of the VSL ….6 million. Based on a sample of 953 VSL estimates from 68 labor market studies of the VSL, we estimate the income elasticity of … and other countries, as the income elasticity increases for lower income populations. Using income classifications from …

can get an estimate of the taxable income elasticity from the bunching pattern around a kink point. The bunching estimator … cannot identify the taxable income elasticity when the functional form of the distribution of preference heterogeneity is … any taxable income elasticity if the distribution of heterogeneity is unrestricted. If one is willing to assume …