mediated by job switches. Second, using administrative data from Denmark, we verify our model's predictions about earnings and …. Informed by our model, the empirical strategy exploits variation among job switchers. We find that the long-run elasticity is … around 0.5, considerably larger than the short-run elasticity of roughly 0.2. …

Capital gains revenue estimates rely on a long history of research empirically estimating the tax elasticity of capital … gains realizations. These elasticity estimates have varied from zero to well over 3 in absolute value depending on numerous … elasticity from a study of this nature is used to calculate the implied revenue-maximizing capital gains tax rate. Unfortunately …