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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP12393 |
DP12393 On the Allocation of Time - A Quantitative Analysis of the Roles of Taxes and Productivities | |
Georg Duernecker; Berthold Herrendorf | |
发表日期 | 2017-10-24 |
出版年 | 2017 |
语种 | 英语 |
摘要 | Basic theory suggests that increases in labor-income taxes induce people to substitute household production for market work. Time-use surveys for 12 OECD countries during 1970-2010, however, show that instead people substituted leisure for market work. To understand why this happened, we carefully measure the labor productivity of household production and find that it grew strongly in many countries of our sample. Employing a calibrated model of household production, we show that strong growth in the labor productivity of household production implies that leisure absorbs the reductions in market work after labor-income tax increases. |
主题 | Macroeconomics and Growth |
关键词 | Household production Income tax Labor productivity Leisure |
URL | https://cepr.org/publications/dp12393 |
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/541204 |
推荐引用方式 GB/T 7714 | Georg Duernecker,Berthold Herrendorf. DP12393 On the Allocation of Time - A Quantitative Analysis of the Roles of Taxes and Productivities. 2017. |
条目包含的文件 | 条目无相关文件。 |
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