Schneider, Hilmar; Bonin, Holger - Institute for the Study of Labor (IZA) - 2005
discrete choice labor supply model estimated on data from the German Socio-Economic Panel, we evaluate household utility …. However, refinancing its substantial fiscal costs through a general consumption tax reduces aggregate labor supply and … household utility levels, with progressive absolute losses. A lump-sum tax preserves the immediate positive labor supply effect …