Download or read book The Labor supply Response to Tax and Transfer Programs written by Robert A. Moffitt and published by . This book was released on 1977 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Optimal Income Transfer Programs written by Emmanuel Saez and published by . This book was released on 2000 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the optimal income transfer problem at the low end of the income distribution. The government maximizes a social welfare function and faces the traditional equity-efficiency trade-off. The paper models labor supply behavioral responses along the intensive margin (hours or intensity of work on the job) and along the extensive margin (participation in the labor force). Optimal tax formulas are derived as a function of the behavioral elasticities, the shape of the income distribution and the redistribution tastes of the government. When behavioral responses are concentrated along the intensive margin, the optimal transfer program is a classical Negative Income Tax program with a substantial guaranteed income support that is taxed away at high rates. However, when behavioral responses are concentrated along the extensive margin, the optimal transfer program is an Earned Income Credit program with negative marginal tax rates at low income levels and a small guaranteed income. Numerical simulations calibrated with the actual empirical earnings distribution are presented for a range of behavioral elasticities and redistributive tastes of the government. For realistic elasticities, the optimal program provides a moderate guaranteed income, imposes low tax rates on very low annual earnings levels, and then starts phasing out benefits at substantial rates
Download or read book Taxes Transfers and Labor Supply written by Gary T. Burtless and published by . This book was released on 1985 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Behavioral Responses to Taxes written by Nada Eissa and published by . This book was released on 2005 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twenty-two million families currently receive a total of $34 billion dollars in benefits from the Earned Income Tax Credit (EITC). In fact, the EITC is the largest cash transfer program for lower-income families at the federal level. An unusual feature of the credit is its explicit goal to use the tax system to encourage and support those who choose to work. A large body of work has evaluated the labor supply effects the EITC and has generated several important findings regarding the behavioral response to taxes. Perhaps the main lesson learned from the evidence is the confirmation that real responses to taxes are important; labor supply does respond to the EITC. The second major lesson is related to the nature of the labor supply response. A consistent finding is that labor supply responses are concentrated along the extensive (entry) margin, rather than the intensive (hours worked) margin. This distinction has important implications for the design of tax-transfer programs and for the welfare evaluation of tax reforms.
Download or read book Taxes Transfers and Economic Distortions written by Gary T. Burtless and published by . This book was released on 1987 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Labor Supply and Public Policy written by Michael C. Keeley and published by Elsevier. This book was released on 2013-09-11 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor Supply and Public Policy: A Critical Review deals with the theoretical and empirical econometric research done on the determinants of labor supply and with the effects of public policies on labor supply. This book reviews the various estimates made from studies concerning the economics of labor supply and evaluates the econometric methods that these studies have used. This text also analyzes the labor-supply phenomena, the costs of the different public programs, as well as, the implications of the empirical findings of these studies. The emphasis is on empirical research: many policies that are made depend on the scale of changes in the wage rates and non-market (household) income on hours of work. This book also focuses more on the determinants of the allocation of time between the market and household sectors. The text notes that by using the means of the estimates in the different studies under review, the labor-supply response to public policies involving net wages or income, shows a substantial (but not overwhelming) reaction. This book then correlates this finding with the tax and transfer programs, such as food stamps, unemployment insurance, AFDC (aid to families with dependent children), and NIT (negative income tax). This book is suitable for economists, social workers, and policy makers who are involved in social services, community development, welfare, taxation, labor, and employment.
Download or read book Estimating the Impact of Labor Supply Adjustments on Transfer Program Costs written by Myles Maxfield and published by . This book was released on 1977 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Labor Supply Response of Wage Earners in the Rural Negative Income Tax Experiment written by Orley Ashenfelter and published by . This book was released on 1977 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on the Impact of Tax and Transfer Programs on Aggregate Labor Supply written by Johanna Wallenius and published by . This book was released on 2010 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Labor Supply Responses to Taxes and Transfer Payments written by Rebecca Lynn Johannsen and published by . This book was released on 2010 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Labor Supply Effects and Costs of Alternative Negative Income Tax Programs National predictions using the labor supply response function written by and published by . This book was released on 1977 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book In kind Transfers and Labor Supply written by Michael Victor Leonesio and published by . This book was released on 1983 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Labor Supply Effects and Costs of Alternative Negative Income Tax Programs The labor supply response function written by and published by . This book was released on 1977 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The effect of tax and transfer programs on labor supply written by Robert Moffitt and published by . This book was released on 1979 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Labor Taxes on Labor Supply written by Richard Rogerson and published by AEI Press. This book was released on 2010-06-16 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the Bush-era tax cuts are set to expire in 2010, ambitious health care legislation is moving through Congress, and entitlement programs are growing at unsustainable rates, U.S. policymakers face important questions about the optimal size and scope of federal spending. The federal government finances its spending through labor taxes, including taxes on income, payroll, and consumption-taxes that generate significant disincentives for employment. In Taxes, Transfers, and Labor Supply: An International Perspective, Richard Rogerson contends that the unintended consequences of increased labor taxes would be too large for policymakers to ignore. Rogerson compares fifty years of time series data from the United States and fourteen other OECD countries. He finds that a 10 percentage point increase in the tax rate on labor leads to a 10 to 15 percent decrease in hours of work. Even a 5 percent decrease in hours worked would mean a decline in labor market productivity equating to a serious recession. But, whereas recessions are temporary, changes in government spending patterns have permanent repercussions. Although government spending provides citizens with many important benefits, these benefits must be weighed against the disincentivizing effects of increased labor taxes. Policymakers who fail to account for this decrease in labor productivity risk expanding government programs beyond the economy's ability to support them.
Download or read book The Seattle Denver Income Maintenance Experiment written by Florence Setzer and published by . This book was released on 1978 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Negative Income Taxation and Labor Supply written by John F. Cogan and published by . This book was released on 1978 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
