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首页> 外文期刊>Journal of Economic Dynamics and Control >Can progressive taxation account for cross-country variation in labor supply?
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Can progressive taxation account for cross-country variation in labor supply?

机译:累进税可以解释跨国劳动力供应的变化吗?

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The difference between average hours worked in the US and average hours worked in Continental European countries has been increasing since the early 1970s. To explain this phenomenon, this paper develops an endogenous growth model with two key properties: agents are heterogeneous in their rates of time preference and labor skills, and the model incorporates progressive income taxes. The model is calibrated to US and German data for the periods 1971-1974 and 1986-1989. Our findings suggest that the degree of progressivity is a major factor in explaining the patterns of the US and German labor supply over time. Predictions of the model also match the distributional trends in both countries during this time period.
机译:自1970年代初以来,美国的平均工作时间与欧洲大陆国家的平均工作时间之间的差异一直在增加。为了解释这种现象,本文建立了一个具有两个关键属性的内生增长模型:代理人的时间偏好和劳动技能的比率是异质的,并且该模型包含了累进所得税。该模型已根据1971-1974年和1986-1989年的美国和德国数据进行了校准。我们的发现表明,渐进程度是解释美国和德国长期劳动力供应格局的主要因素。该模型的预测结果也与这段时间内两国的分布趋势相符。

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