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economic theory, econometrics, and public finance. Since the greatest share of federal tax revenue, approximately 50 in 1980 … economic theory and econometrics need to be treated. First, the effect of progressive taxation is to create a convex, non …-linear budget set where the net, after-tax wage depends on hours worked. Since most of consumer theory is based on constant market …
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.Sections 1 and 2 develop the theory and econometric techniques for models of labor supply with taxes. Section 3 discusses the …
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Intro -- Series Foreword -- Acknowledgments -- Introduction and Summary -- I Taxation and Labor Markets: The Broader Perspective -- 1 Tax Policy and Labor Market Performance -- 2 Work and Taxes -- 3 Do Social Policies Harm Employment and Growth? Second-best Effects of Taxes and Benets on...
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In exploring the impact of tax policy on labor-market performance, the paper first investigates how tax reform impacts labor supply and equilibrium unemployment in representative agent models. The impact of tax policy on labor market performance depends importantly on various other labor-market...
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Information about individual choices of heterogeneous agents. Results can for example be used to describe the distributional effects of tax policy change, such as the effects on changes in money metric utility - distributions of equivalent and compensating variation (EV or CV). This type of...
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