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This paper argues that labor supply elasticities encode information about the determinants of income inequality. In the theoretical framework, individuals choose labor supply conditional on productivities and preferences for consumption relative to leisure. The paper shows that reduced-form...
Persistent link: https://www.econbiz.de/10012228176
The goals of ending extreme poverty by 2030 and working toward a more equal distribution of income are prominent in international development and agreed upon in the United Nations' Sustainable Development Goals 1 and 10. Using data from 164 countries comprising 97 percent of the world's...
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knowledge gap, this paper introduces a simple simulation method, the Welfare and Competition tool (WELCOM), to estimate with …
Persistent link: https://www.econbiz.de/10012022355
The purpose of this paper is to introduce applications of RUSMOD - a microsimulation model for fiscal incidence analysis in the Russian Federation. RUSMOD combines household survey micro-data and fiscal policy rules to simulate the Russian tax-benefit system: the size and distribution of taxes...
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