Hotchkiss, Julie L.; Moore, Robert E.; Rios-Avila, Fernando - 2021
This paper calculates the change in optimal labor supply and total family welfare resulting from the Tax Cuts and Jobs … Act of 2017 (TCJA). We estimate labor supply elasticities for married families in the Current Population Survey from 2015 … to 2017, using a joint family utility model. These elasticities are then used to simulate changes in optimal labor supply …