全球智库信息集成服务系统(G2TT): Accounting for Income Changes over the Great Recession (2007-2010) Relative to Previous Recessions: The Importance of Taxes and Transfers

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w19699
来源ID	Working Paper 19699
	Accounting for Income Changes over the Great Recession (2007-2010) Relative to Previous Recessions: The Importance of Taxes and Transfers
	Jeff Larrimore; Richard V. Burkhauser; Philip Armour
发表日期	2013-12-05
出版年	2013
语种	英语
摘要	With data from the March CPS and using shift-share analysis, we analyze the factors that account for changes in post-tax post-transfer income during each of the past four recessions. What distinguishes the Great Recession is that drops in employment rather than wage earnings drove income declines. In addition, taxes and transfers played a much greater role in offsetting market income losses --a result largely missed in analyses that do not account for taxes and transfers. This is particularly so among the bottom quintile of the distribution where lower and increased transfers offset more than one-half of the market income declines.
主题	Microeconomics ; Market Structure and Distribution ; Public Economics ; Taxation ; Labor Economics ; Labor Compensation
URL	https://www.nber.org/papers/w19699
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/577374
推荐引用方式 GB/T 7714	Jeff Larrimore,Richard V. Burkhauser,Philip Armour. Accounting for Income Changes over the Great Recession (2007-2010) Relative to Previous Recessions: The Importance of Taxes and Transfers. 2013.