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This paper evaluates the effects of the 1986 Tax Reform Act on household labor supply and savings. It describes the tax bill's effects on incentives to work and to save, and uses recent econometric estimates of labor supply and savings elasticities to describe the reform's impact on household...
Persistent link: https://www.econbiz.de/10005065686
This paper considers mismeasurement of the dependent variable in a general linear index model, which includes qualitative choice models, proportional and additive hazard models, and censored models as special cases. The monotone rank estimator of Cavanagh and Sherman [1998] is shown to be...
Persistent link: https://www.econbiz.de/10005066235