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The Effect of Marginal Tax Rates on Income : A Panel Study of 'Bracket Creep'

Saez, Emmanuel - 1999

This paper uses a panel of individual tax returns and the `bracket creep' as source of tax rate variation to construct instrumental variables estimates of the sensitivity of income to changes in tax rates. From 1979 to 1981, the US income tax schedule was fixed in nominal terms while inflation...

Persistent link: https://www.econbiz.de/10012471417

Elasticities of Demand for Educated Labor and Elasticities of Supply of Educated Labor

Freeman, Richard B. - 1982

This paper reviews a variety of estimates of the demand and supply elasticities of educated labor. It finds that elasticities of substitution between more and less educated labor range fran 1.0 to 2.0 and that elasticities of the supply of students to colleges are also on the order of 1.0 to 2.0...

Persistent link: https://www.econbiz.de/10012478063

Bounds on Elasticities with Optimization Frictions : A Synthesis of Micro and Macro Evidence on Labor Supply

Chetty, Raj - 2009

labor supply elasticity of 0.33 on the intensive margin and 0.25 on the extensive margin after accounting for frictions …

Persistent link: https://www.econbiz.de/10012463033

A Theory of Outsourcing and Wage Decline

Holmes, Thomas J. - 2009

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/10012463792

Gender Based Taxation and the Division of Family Chores

Alesina, Alberto - 2007

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/10012465001

Micro and Macro Elasticities in a Life Cycle Model With Taxes

Rogerson, Richard - 2007

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/10012465638

The Use of Literature Based Elasticity Estimates in Calibrated Models of Trade-Wage Decompositions : A Calibmetric Approach

Huang, Hui - 2003

. Econometrically generated literature based elasticity parameters are typically used in calibrated models a very simple manner …

Persistent link: https://www.econbiz.de/10012468557

A New Method of Estimating Risk Aversion

Chetty, Raj - 2003

ratio of the income elasticity of labor supply to the wage elasticity, holding fixed the degree of complementarity between … a calibration argument showing that a positive uncompensated wage elasticity, as found in most studies of labor supply …

Persistent link: https://www.econbiz.de/10012468704

The Optimal Elasticity of Taxable Income

Slemrod, Joel - 2000

this elasticity. The paper then examines this effect in the solution to the optimal income taxation problem when such an …

Persistent link: https://www.econbiz.de/10012470815

International Trade and Labor-Demand Elasticities

Slaughter, Matthew J. - 1997

In this paper I try to determine whether international trade has been increasing the own-price elasticity of demand for … elasticity patterns. Thus the time series of labor-demand elasticities are explained largely by a residual, time itself. This … residual for changing factor prices over time, there also appears to be a large unexplained residual for changing factor demand …

Persistent link: https://www.econbiz.de/10012472549