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A large literature evaluating the welfare effects of taxation has examined the role of the labor supply elasticity, and … effect on each margin is created by a different tax wedge. Finally, ignoring the composition of the labor supply elasticity … the total labor supply elasticity is as important as its size …
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be attributed to wrong macroeconomic predictions and approximately one-third to false assumptions on the elasticity. Our …
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be attributed to wrong macroeconomic predictions and approximately one-third to false assumptions on the elasticity. Our …
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response to benefit generosity, suggesting an elasticity of DI participation of 1.26. Additionally, we observe a smaller … employment response, with an estimated elasticity of -0.15. Our findings indicate that the receipt of DI is widely perceived as a …
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