Arbeitspapier
Earnings responses to even higher taxes
We exploit a recent Swedish tax reform, implying higher marginal tax rates for the top 5% of the earnings distribution, to learn about earnings responses in an economy where taxes already are high. Using a simple and graphical cross sectional method, we estimate earnings elasticities in the range 0.13-0.16. We interpret the response using a simulation model in which people face uncertain marginal tax rates due to earnings dynamics. The tax response is surprisingly sharp given the earnings variability at the top of the earnings distribution.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 2022:12
- Klassifikation
-
Wirtschaft
Personal Income and Other Nonbusiness Taxes and Subsidies; includes inheritance and gift taxes
Time Allocation and Labor Supply
- Thema
-
Earnings supply
Income taxation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Miao, Dingquan
Selin, Håkan
Söderström, Martin
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for Evaluation of Labour Market and Education Policy (IFAU)
- (wo)
-
Uppsala
- (wann)
-
2022
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Miao, Dingquan
- Selin, Håkan
- Söderström, Martin
- Institute for Evaluation of Labour Market and Education Policy (IFAU)
Entstanden
- 2022
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