Showing 1 - 10 of 144
skewness in house prices and incomes are related and can be explained, at least in part, by inelastic supply of land in some …-up of land prices and a sorting of high-income families relatively more into those desirable, unique, low housing ….S. provides support for ever-larger differences in house prices across inelastically supplied locations and income-based spatial …
Persistent link: https://www.econbiz.de/10012755485
We develop a theory of outsourcing in which there is market power in one factor market (labor) and no market power in a second factor market (capital). There are two intermediate goods: one labor-intensive and the other capital-intensive. We show there is always outsourcing in the market...
Persistent link: https://www.econbiz.de/10012757588
values, the elasticities of wages, prices, taxes, and government transfers with respect to national labor supplies, as well …
Persistent link: https://www.econbiz.de/10012758151
to 2005, we examine the effects of gasoline prices on the automotive fleet's composition. We find that high gasoline … prices affect fleet fuel economy through two channels: (1) shifting new auto purchases towards more fuel-efficient vehicles … estimates suggest that a 10% increase in gasoline prices from 2005 levels will generate a 0.22% increase in fleet fuel economy …
Persistent link: https://www.econbiz.de/10012758243
Gender-Based Taxation (GBT) satisfies Ramsey's rule of optimality because it taxes at a lower rate the more elastic labor supply of women. This holds when different elasticities between men and women are taken as exogenous. We study GBT in a model in which labor supply elasticities emerge...
Persistent link: https://www.econbiz.de/10012759662
We build a life cycle model of labor supply that incorporates changes along both the intensive and extensive margin and use it to assess the consequences of changes in tax and transfer policies on equilibrium hours of work. We find that changes in taxes have large aggregate effects on hours of...
Persistent link: https://www.econbiz.de/10012760196
Knowing the elasticity of taxable income (ETI) is crucial for understanding the effects of taxation on taxpayer … composition of their compensation than lower-income individuals. This paper considers the taxable income elasticity when … individuals can shift income across tax bases and thereby defer taxation. We decompose the elasticity of taxable income into a …
Persistent link: https://www.econbiz.de/10012920894
of the largest on-demand labor platforms, Amazon Mechanical Turk (MTurk), by measuring the elasticity of labor supply …
Persistent link: https://www.econbiz.de/10012924467
our results through three applications: estimating the elasticity of labor supply, estimating local labor market effects … of Chinese imports, and estimating the elasticity of substitution between immigrants and natives …
Persistent link: https://www.econbiz.de/10012924475
long-run effect of wealth taxes on wealth accumulation. Our simulations show that the long-run elasticity of wealth with …
Persistent link: https://www.econbiz.de/10012925900