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来源类型Working Paper
规范类型报告
DOI10.3386/w13017
来源IDWorking Paper 13017
Micro and Macro Elasticities in a Life Cycle Model With Taxes
Richard Rogerson; Johanna Wallenius
发表日期2007-04-10
出版年2007
语种英语
摘要We build a life cycle model of labor supply that incorporates changes along both the intensive and extensive margin and use it to assess the consequences of changes in tax and transfer policies on equilibrium hours of work. We find that changes in taxes have large aggregate effects on hours of work. Moreover, we find that there is no inconsistency between this result and the empirical finding of small labor elasticities for prime age workers. In our model, micro and macro elasticities are effectively unrelated. Our model is also consistent with other cross-country patterns.
主题Macroeconomics ; Consumption and Investment
URLhttps://www.nber.org/papers/w13017
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/570684
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GB/T 7714
Richard Rogerson,Johanna Wallenius. Micro and Macro Elasticities in a Life Cycle Model With Taxes. 2007.
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