ROGERSON, Richard; WALLENIUS, Johanna - In: Annales d'Economie et de Statistique (2009) 95-96, pp. 105-119
We build a life cycle model of labor supply in which individuals choose both the fraction of life spent in employment and hours while employed. We develop a simple graphical representation of the steady state equilibrium labor supply choice and show that a tax on labor income used to finance a...