Showing 1 - 10 of 2,141
Persistent link: https://www.econbiz.de/10009009642
Inflation and earnings growth can push some tax payers into higher brackets in the absence of inflation …-indexed schedules. Moreover, inflation may affect the composition of individuals’ income sources. As a result, depending on the relative … tax burden of labour and capital, inflation may decrease or increase the difference between before-tax and after …
Persistent link: https://www.econbiz.de/10011780012
Proxy structural vector autoregressions (SVARs)identify structural shocks in vector autoregressions (VARs) with external proxy variables that are correlated with the structural shocks of interest but uncorrelated with other structural shocks. We provide asymptotic theory for proxy SVARs when the...
Persistent link: https://www.econbiz.de/10011570152
Inflation and earnings growth can push some tax payers into higher brackets in the absence of inflation …-indexed schedules. Moreover, inflation may affect the composition of individuals’ income sources. As a result, depending on the relative … tax burden of labor and capital, inflation may decrease or increase the difference between before and after-tax income …
Persistent link: https://www.econbiz.de/10012314680
Persistent link: https://www.econbiz.de/10011479997
Persistent link: https://www.econbiz.de/10011686333
Persistent link: https://www.econbiz.de/10003530889
Persistent link: https://www.econbiz.de/10003966434
Persistent link: https://www.econbiz.de/10011414019
This paper investigates the dynamic effects of tax changes on the cross-sectional distribution of disposable income in the United States using a narrative identification approach. I distinguish between changes in personal and corporate income taxes and quantify the distributional effects on...
Persistent link: https://www.econbiz.de/10013435278