Effects of Permanent and Transitory Tax Changes in a Life‐Cycle Labor Supply Model with Human Capital
Effects of Permanent and Transitory Tax Changes in a Life‐Cycle Labor Supply Model with Human Capital
复制标题
人力资本生命周期劳动力供给模型中永久性和暂时性税收变化的影响
DOI：
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发表时间：
2015
期刊：
影响因子：
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通讯作者：
M. Keane
中科院分区：
文献类型：
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作者：
M. Keane
我研究了劳动所得税在工作经验构建人力资本的生命周期模型中的影响。在这种情况下，工资不再等于时间的机会成本，而是工资加上工作经验回报。这产生了许多有趣的结果：首先，数据似乎与大多数先前研究表明的更大的劳动力供给弹性相一致。其次，与传统观点相反，永久性税收变化比临时性税收变化对当前劳动力供应的影响更大。第三，人力资本抑制了年轻工人对暂时性税收变化的反应，同时导致对永久性和暂时性税收变化的反应随着年龄的增长而增加。第四，从长远来看，人力资本放大了劳动力供给对永久性税收变化的反应，因为永久性税收降低了人力资本积累率（降低了工人生产率）。
I examine the effect of labor income taxation in life-cycle models where work experience builds human capital. In this case, the wage no longer equals the opportunity cost of time – which is, instead, the wage plus returns to work experience. This has a number of interesting consequences: First, the data appear consistent with much larger labor supply elasticities than most prior work suggests. Second, contrary to conventional wisdom, permanent tax changes can have larger effects on current labor supply than temporary tax changes. Third, human capital dampens the response of young workers to transitory tax changes, while causing responses to both permanent and transitory tax changes to increase with age. Fourth, human capital amplifies the labor supply response to permanent tax changes in the long-run, as a permanent tax reduces the rate of human capital accumulation (reducing worker productivity).
影响因子：
6.3
作者：
van der Klaauw W;Wolpin KI
通讯作者：
Wolpin KI