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This paper calculates monthly time series for the overall safety net's statutory marginal labor income tax rate as a function of skill and marital status. Marginal tax rates increased significantly for all groups between 2007 and 2009, and dramatically so for unmarried household heads. The...
Persistent link: https://www.econbiz.de/10010969427
This paper tests whether providing information about the Earned Income Tax Credit (EITC) affects EITC recipients' earnings decisions. We conducted a randomized experiment with 43,000 EITC recipients at H&R Block in which tax preparers gave simple, personalized information about the EITC schedule...
Persistent link: https://www.econbiz.de/10005575254
changes can be anticipated, allowing us to estimate substitution effects that are not confounded by life-cycle income effects …. We estimate an intertemporal elasticity of family labor earnings of 0.75 for families earning between $35,000 and $85 …
Persistent link: https://www.econbiz.de/10005777787
instrumental variables estimates of the sensitivity of income to changes in tax rates. From 1979 to 1981, the US income tax …
Persistent link: https://www.econbiz.de/10005778671
taxation. …
Persistent link: https://www.econbiz.de/10008619308
Labor supply theory makes strong predictions about how the introduction of a social welfare program impacts work effort. Although there is a large literature on the work incentive effects of AFDC and the EITC, relatively little is known about the work incentive effects of the Food Stamp Program...
Persistent link: https://www.econbiz.de/10008622316
Virtually all public policies regarding taxation and the redistribution of income rely on explicit or implicit … assumptions about the long run effect of wages rates on labor supply. The available estimates of the wage elasticity of male labor … function. Our estimates suggest that the elasticity of labor supply is about -0.2, implying that income effects dominate …
Persistent link: https://www.econbiz.de/10008635924
We develop an equilibrium lifecycle model of education, marriage and labor supply and consumption in a transferable utility context. Individuals start by choosing their investments in education anticipating returns in the marriage market and the labor market. They then match based on the...
Persistent link: https://www.econbiz.de/10011252666
consumption taxation and income-based transfer programs. For example, might myopic individuals, as a first approximation, view …
Persistent link: https://www.econbiz.de/10011271390
The merits of alternative income tax policies depend on the population distribution of preferences for income, leisure, and public goods. Standard theory, which supposes that persons want more income and more leisure, does not predict how they resolve the tension between these desires. Empirical...
Persistent link: https://www.econbiz.de/10009421974