earnings and employment and increases social income transfers, although we caution that the results are based on small samples …

income growth from 1950 to 1980 as a proxy for socioeconomic forces that created unbalanced physical growth among southern … children born after WWII. Using state-level data on income growth, smoking, obesity and education, we explain over 70% of the …

instrumental variables estimates of the sensitivity of income to changes in tax rates. From 1979 to 1981, the US income tax … changes in income between taxpayers close to the top-end of a tax bracket to the other taxpayers. These estimates, based on … comparisons between very similar groups, are robust to underlying changes in the income distribution, such as a rise in inequality …

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 …

This paper estimates the impact of external demand shocks on real income. Our empirical strategy is based on a first … framework allows us to measure foreign shocks and characterize their impact on income in terms of reduced-form elasticities. We … the cluster-level elasticities of income with respect to foreign shocks can be estimated using high …

Differences in house price and income growth rates between 1950 and 2000 across metropolitan areas have led to an ever … attractive locations combined with an increasing number of high-income households nationally. Scarce land leads to a bidding …-up of land prices and a sorting of high-income families relatively more into those desirable, unique, low housing …

utility model. I derive a formula for the coefficient of relative risk aversion (g) in terms of (1) the ratio of the income … elasticity of labor supply to the wage elasticity and (2) the degree of complementarity between consumption and labor. I bound … labor supply elasticity estimates from thirty-three studies, I find a mean estimate of g = 1. I then show that generating g …

ratio of the income elasticity of labor supply to the wage elasticity, holding fixed the degree of complementarity between … stochastic. Using a large set of existing estimates of wage and income elasticities, I find a mean estimate of g = 1. I also give … a calibration argument showing that a positive uncompensated wage elasticity, as found in most studies of labor supply …