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American women are working more, through their sixties and even into their seventies. Their increased participation at older ages started in the late 1980s before the turnaround in older men's labor force participation and the economic downturns of the 2000s. The higher labor force participation...
Persistent link: https://www.econbiz.de/10012983658
We study the impact of AI on labor markets using establishment-level data on vacancies with detailed occupation and skill information comprising the near-universe of online vacancies in the US from 2010 onwards. There is rapid growth in AI related vacancies over 2010-2018 that is greater in...
Persistent link: https://www.econbiz.de/10014089653
A new lifecycle of women's employment emerged with cohorts born in the 1950s. For prior cohorts, lifecycle employment had a hump shape; it increased from the twenties to the forties, hit a peak and then declined starting in the fifties. The new lifecycle of employment is initially high and flat,...
Persistent link: https://www.econbiz.de/10012902548
cointegration, although the price elasticity is not statistically significant. Only when excluding computers and parts from the …
Persistent link: https://www.econbiz.de/10013220385
We study the post-war evidence for Japan to see if the same specification for both the economy and the monetary policy rule is useful for understanding Japan's economy and monetary policy. A recurrent theme in the literature on Japanese monetary policy is that there are significant differences...
Persistent link: https://www.econbiz.de/10013245712
This paper combines tax, survey, and national accounts data to estimate the distribution of national income in the United States since 1913. Our distributional national accounts capture 100% of national income, allowing us to compute growth rates for each quantile of the income distribution...
Persistent link: https://www.econbiz.de/10012966935
Why do competitive firms in the US provide paid parental leave (PPL)? Which firms do and to what extent? We use several firm- and individual-level data sets to answer these questions. These include the BLS-Employee Benefit Survey (EBS) for 2010 to 2018 and an extensive firm-level data collection...
Persistent link: https://www.econbiz.de/10013324693
rate formula as a function of the three corresponding behavioral elasticities. The first elasticity (labor supply) is the … elasticity (avoidance) through tax enforcement and tax neutrality across income forms. The optimal top tax rate increases with … the third elasticity (bargaining) as bargaining efforts are zero-sum in aggregate. We provide evidence using cross …
Persistent link: https://www.econbiz.de/10013118130
that arise in the empirical estimation of the elasticity of taxable income using the example of the 1993 top individual …This paper critically surveys the large and growing literature estimating the elasticity of taxable income with respect … assumptions this elasticity can be used as a sufficient statistic for efficiency and optimal tax analysis. We discuss what other …
Persistent link: https://www.econbiz.de/10013152618
compensated elasticity of income with respect to tax rates. These models are used to perform simulations of bunching and calibrate … the key parameters (the behavioral elasticity and the extent to which taxpayers control their income) to the empirical … income distributions. Except for low income earners, the behavioral elasticity consistent with the empirical results is small …
Persistent link: https://www.econbiz.de/10013215697