| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w24136 |
| 来源ID | Working Paper 24136 |
| On Bunching and Identification of the Taxable Income Elasticity | |
| Sören Blomquist; Whitney Newey; Anil Kumar; Che-Yuan Liang | |
| 发表日期 | 2017-12-25 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | The taxable income elasticity is a key parameter for predicting the effect of tax reform or designing an income tax. Bunching at kinks and notches in a single budget set have been used to estimate the taxable income elasticity. We show that when the heterogeneity distribution is unrestricted the amount of bunching at a kink or a notch is not informative about the size of the taxable income elasticity, and neither is the entire distribution of taxable income for a convex budget set. Kinks do provide information about the size of the elasticity when a priori restrictions are placed on the heterogeneity distribution. They can identify the elasticity when the heterogeneity distribution is specified across the kink and provide bounds under restrictions on the heterogeneity distribution. We also show that variation in budget sets can identify the taxable income elasticity when the distribution of preferences is unrestricted and stable across budget sets. For nonparametric utility with general heterogeneity we show that kinks only provide elasticity information about individuals at the kink and we give bounds analogous to those for isoelastic utility. Identification becomes more difficult with optimization errors We show in examples how results are affected by optimization errors. |
| 主题 | Econometrics ; Estimation Methods ; Public Economics ; Taxation |
| URL | https://www.nber.org/papers/w24136 |
| 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/581810 |
| 推荐引用方式 GB/T 7714 | Sören Blomquist,Whitney Newey,Anil Kumar,et al. On Bunching and Identification of the Taxable Income Elasticity. 2017. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w24136.pdf（798KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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