Arbeitspapier
Intergenerational Income Mobility and Income Taxation
We study the impact of income taxation on intergenerational income correlation. We estimate a life cycle dynastic model and conduct counterfactual analysis to observe the effects of various tax regimes. Compared to a no tax environment, a flat tax regime reduces the correlation only by one percentage points. If the flat tax regime provides child benefits, the correlation additionally declines by four percentage points. Finally, if the taxes are progressive, the reduction, which is due to the increase in the fertility rate (quantity) and the decrease in the educational outcome of children (quality), is highly significant (seven percentage points).
- Sprache
-
Englisch
- Erschienen in
-
Series: GLO Discussion Paper ; No. 409
- Klassifikation
-
Wirtschaft
Estimation: General
Fertility; Family Planning; Child Care; Children; Youth
Time Allocation and Labor Supply
Job, Occupational, and Intergenerational Mobility; Promotion
- Thema
-
Dynastic Models
Discrete Choice
Fertility
Income Taxation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kurnaz, Musab
Soytas, Mehmet A.
- Ereignis
-
Veröffentlichung
- (wer)
-
Global Labor Organization (GLO)
- (wo)
-
Essen
- (wann)
-
2019
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Kurnaz, Musab
- Soytas, Mehmet A.
- Global Labor Organization (GLO)
Entstanden
- 2019