Taxation and the Labor Supply: Decisions of the Affluent / Robert A. Moffitt, Mark Wilhelm.

Format:

Book

Author/Creator:

Moffitt, Robert A.

Contributor:

National Bureau of Economic Research.

Wilhelm, Mark.

Series:

Working Paper Series (National Bureau of Economic Research) no. w6621.

NBER working paper series no. w6621

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Taxation and the Labor Supply

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1998.

Summary:

We examine the effect of the 1996 Tax Reform Act on the labor supply of affluent men. The Act reduced marginal tax rates for the affluent more than for other taxpayers. Using instrumental-variables methods with a variety of identifying variables, we find essentially no responsiveness of the hours of work of high-income men to the tax reduction. However, we do find hourly wage rates of such men to have increased over the period.

Notes:

Print version record

June 1998.