G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w23592
来源IDWorking Paper 23592
Productivity, Taxes, and Hours Worked in Spain: 1970\u20132015
Juan Carlos Conesa; Timothy J. Kehoe
发表日期2017-07-17
出版年2017
语种英语
摘要In the early 1970s, hours worked per working-age person in Spain were higher than in the United States. Starting in 1975, however, hours worked in Spain fell by 40 percent. We find that 80 percent of the decline in hours worked can be accounted for by the evolution of taxes in an otherwise standard neoclassical growth model. Although taxes play a crucial role, we cannot argue that taxes drive all of the movements in hours worked. In particular, the model underpredicts the large decrease in hours in 1975–1986 and the large increase in hours in 1994–2007. The lack of productivity growth in Spain during 1994–2015 has little impact on the model’s prediction for hours worked.
主题Microeconomics ; Mathematical Tools ; Macroeconomics ; Macroeconomic Models ; Consumption and Investment ; Public Economics ; Taxation
URLhttps://www.nber.org/papers/w23592
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/581266
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Juan Carlos Conesa,Timothy J. Kehoe. Productivity, Taxes, and Hours Worked in Spain: 1970\u20132015. 2017.
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