| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2354 |
| DP2354 A Theory of Central Bank Accountability | |
| Eric Schaling; Sylvester Eijffinger; Marco Hoeberichts | |
| 发表日期 | 2000-01-31 |
| 出版年 | 2000 |
| 语种 | 英语 |
| 摘要 | The move to a pay-as-you-earn income tax system in Iceland in 1987-1988 made income earned in 1987 tax-free. Using a sample of 9,274 individuals for the years 1986, 1987 and 1988, we calculate the labour-supply response of this change and find that total labour supply rose by 6.7% in 1987 over the average of 1986 and 1988 when we correct for entry in 1988. This consists of an 8.6% increase in weeks supplied by those already in the labour market in 1986 and a 1.9% decline due to entry/exit. The elasticity of weeks worked to the rise in after-tax wages was 0.41 for men and 0.11 for women. While the participation rate of women increased somewhat in our sample, participation by men fell. |
| 主题 | Labour Economics |
| 关键词 | Labour supply Supply-side economics |
| URL | https://cepr.org/publications/dp2354 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531444 |
| 推荐引用方式 GB/T 7714 | Eric Schaling,Sylvester Eijffinger,Marco Hoeberichts. DP2354 A Theory of Central Bank Accountability. 2000. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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