varied across households and over time. We next provide estimates of tax progressivity using two approaches: one based on tax …

This paper studies the effects of income taxation on entrepreneurship, empirically and in a structural macro model with … taxation has a strong negative impact on entrepreneurial activity across time and space. A one percentage point increase in the … explain this relationship and to evaluate the impact of taxation on output and welfare, we develop a life-cycle, incomplete …

earnings that features progressive taxation, public education expenditure, and borrowing constraints among the determinants of … intergenerational earnings persistence in the United States. Taxation, through its impact on investments in human capital, can explain …