Hotchkiss, Julie L.; Moore, Robert E.; Rios-Avila, Fernando - 2021
This paper calculates the change in optimal labor supply and total family welfare resulting from the Tax Cuts and Jobs … to 2017, using a joint family utility model. These elasticities are then used to simulate changes in optimal labor supply … optimal hours are lower post-TCJA, relative to before. However, there are differences across family members and family types …